1546 W 223rd Torrance, CA $ 1,000,000
1546 W 223rd
$ 1,000,000
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1546 W 223rd

Torrance, CA, 90501
$ 1,000,000
Baths1.0 Sq 1,360

Monthly Estimate*

$ 6,314

Listed by Keller Williams Realty Irvine
1546 W 223rd, Torrance, CA 90501 - Image 1
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Studio

Multi-Family Home for sale in Torrance, CA

for $1,000,000 with 1 full bath. This 1,360 square foot home was built in 1947 on a lot size of 0.1534.

Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger, this opens the door to scale, portfolio growth, family compound possibilities, income expansion, or a long-term hold strategy. Perfectly positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers connectivity to major employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Torrance remains one of Southern California’s most sought-after rental and ownership markets, making this a standout opportunity for buyers who understand location, flexibility, and income potential. Whether you are searching for income, a live-and-rent opportunity, multigenerational living, or the chance to secure a rare Torrance asset with upside, 1546 W 223rd Street delivers. Don’t miss your chance to own a flexible two-home property in one of the South Bay’s strongest markets.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1534

Year Built

1947

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

OC26139958

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Ductless Wall/Window Unit(s) Zoned
Utilities Cable Available Electricity Available Sewer Available Water Available
Roof Common Roof Shingle
Appliances Gas Oven Gas Range
HOA Fee 0
Garage Spaces 0
Architectural Style Ranch Traditional
Pool Features None
Construction Materials Stucco
Year Built 1947
Electric Standard
Tenant Pays All Utilities
View City Lights Neighborhood
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 57000
Community Features Street Lights Sidewalks
Accessibility Safe Emergency Egress from Home Grab Bars No Stairs Parking
County Los Angeles
Net Operating Income 54000
Operating Expense 3000
Insurance Expense 1500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1500
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Between Harvard Blvd and Denker Avenue
City Torrance
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 2
MLS Area 122 - Harbor Gateway
Lot Size Units Square Feet
Lot Size Square Feet 6682
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional Contract Cal Vet Loan 1031 Exchange FHA 203(b) FHA 203(k) FHA Fannie Mae Freddie Mac Government Loan VA Loan VA No Loan VA No No Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 233
Virtual Tour https://youtu.be/q0CcOJRtRqU
Total Actual Rent 4800
Property Sub Type Additional Duplex
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Interior
Interior Amenities Open Floorplan Stone Counters Tile Counters Unfurnished All Bedrooms Down
Flooring Laminate Vinyl Wood
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Fencing Block Privacy Wrought Iron
Parking Features Driveway Level Driveway Garage On Site Oversized Paved Pull-through RV Access/Parking
Lot Features 0-1 Unit/Acre Front Yard Lawn
Water Source Public
Total Parking 0
Lot Size Area 6682
Number of Buildings 2
Spa false
Building Area Total 1360
Lot Size Acres 0.1534
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Realty Irvine

Broker

LP@Franklinrealestategroup.com

Email

Affordability Calculator

$6,314
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Monthly Principal & Interest
$6,314
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Default based on a 30-year fixed rate of 6.49% 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
7/4/2026$1,000,000 Listed Price

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1546 W 223rd, Torrance, CA, 90501 is a Multi-Family Home for sale at $1,000,000 with 1,360 sqft and a lot size of 0.1534. 1546 W 223rd is a studio with 1.0 baths and was built in 1947. The property's zip code is 90501 which is in Torrance, CA