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2830 W 235th Street Torrance, CA $ 8,499,000
2830 W 235th Street
$ 8,499,000
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2830 W 235th Street

Torrance, CA, 90505
$ 8,499,000
Baths2.0 Sq 18,396

Monthly Estimate*

$ 53,023

Listed by Steven M. Bogoyevac, Broker
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Studio

Multi-Family Home for sale in Torrance, CA

for $8,499,000 with 2 full baths. This 18,396 square foot home was built in 1969 on a lot size of 0.5155.

Stunning partially renovated apartment complex located at 2830 West 235th Street in Torrance, California. The 15-unit complex offers a highly desirable mix of six two-bed/two-bath townhomes and nine two-bed/two-bath traditional units, all with spacious floor plans. The units surround a newly landscaped courtyard with furnishings for tenants’ enjoyment, and the property also offers ample garage parking and controlled access. 2830 West 235th Street boasts an extensive list of major recent improvements: seven units have been completely renovated and feature new flooring, cabinets, countertops, appliances, in-unit laundry, and new fixtures. Exterior updates include new exterior paint, new landscaping (including complete removal and replacement of irrigation system), fencing, signage, courtyard furnishings and lighting fixtures. The property is located just over a block south of Hickory Park and Hickory Elementary School and conveniently near shopping and restaurants at Torrance Crossroads. This desirable inland South Bay rental market is popular for its strong tenant base and proximity to amenities and beach cities. With its excellent condition and sought-after unit mix, 2830 West 235th Street is an exciting acquisition opportunity in a strong rental market.

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Multi-Family Active

Price

$ 8,499,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5155

Year Built

1969

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

PW25177634

Days on Market

140

Features
General
Sewer Public Sewer
Zoning TORR-MD
Garage Spaces 0
Pool Features None
Year Built 1969
Property Subtype Mixed Use
Gross Income 0
Community Features Suburban
County Los Angeles
Net Operating Income 364697
Operating Expense 169007
Insurance Expense 0
New Construction 0
Property Type Residential Income
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions south of sepulveda west of crenshaw
City Torrance
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 15
MLS Area 125 - Walteria
Lot Size Units Square Feet
Lot Size Square Feet 22454
Listing Terms Cash Cash to New Loan
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Mixed Use
Cap Rate 4.29
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 22454
Number of Buildings 1
Building Area Total 18396
Lot Size Acres 0.5155
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 15
Number of Separate Electric Meters 15
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* Excluded Features
List By
Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

Email

Affordability Calculator

$53,023
Per Month
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Monthly Principal & Interest
$53,023
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$8,499,000 Listed Price

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2830 W 235th Street, Torrance, CA, 90505 is a Multi-Family Home for sale at $8,499,000 with 18,396 sqft and a lot size of 0.5155. 2830 W 235th Street is a studio with 2.0 baths and was built in 1969. The property's zip code is 90505 which is in Torrance, CA