$1,899,000

Multi Family In Torrance

  • 8 Beds
  • 7 Baths
  • 6,312 Sqft lot
  • Updated: August 17
  • Source:
    San Diego MLS  MLS#SB26149936

About the Property

Some investment opportunities look good on paper. Others deliver the kind of long-term value that’s increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops
Some investment opportunities look good on paper. Others deliver the kind of long-term value that’s increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property’s condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you’re expanding an established portfolio or making your next strategic acquisition, opportunities like this don’t come along often.
  • Property type

    Other

  • Floors

    2

Features

  • Garden
  • Investment Property
  • Washer Dryer
  • Office
  • Air Conditioning
  • Laundry Room
  • Balcony
  • Stone Countertops

Explore the Area

23209 Arlington Avenue, Torrance, California, United States View on Google Maps
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eXp Realty of California, Inc - Hermosa Beach

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eXp Realty of California, Inc - Hermosa Beach
California, United States
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4
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2025
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eXp Realty of California, Inc - Hermosa Beach
Hermosa Beach, California, United States
View agency profile
Last updated
August 17
First listed
Jul 12
Listing reference
SB26149936
Listing status
Active under contract
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