22720 Harvard Torrance, CA $ 1,595,000
22720 Harvard
$ 1,595,000
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22720 Harvard

Torrance, CA, 90501
$ 1,595,000
Baths1.0 Sq 6,240

Monthly Estimate*

$ 9,951

Listed by Porter Heritage
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View a Virtual Tour
Studio

Multi-Family Home for sale in Torrance, CA

for $1,595,000 with 1 full bath. This 6,240 square foot home was built in 1955 on a lot size of 0.1852.

8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.

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Multi-Family Pending

Price

$ 1,595,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1852

Year Built

1955

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

SB25231210

Days on Market

83

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Appliances Gas Range Water Heater
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Resident Manager Smoke Detector(s)
Construction Materials Drywall Concrete Stucco Copper Plumbing
Year Built 1955
Electric Standard
Tenant Pays Electricity Gas
Property Subtype Mixed Use
Gross Income 132948
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
Accessibility None
County Los Angeles
Net Operating Income 87942
Operating Expense 45006
Insurance Expense 13709
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions Western Avenue east on 228th Street north on Harvard Blvd
City Torrance
Entry Location courtyard
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 8
MLS Area 122 - Harbor Gateway
Lot Size Units Square Feet
Lot Size Square Feet 8068
Carport Spaces 8
Carport Y/N true
Number of Units Leased 7
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1800
Current Financing None
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 5500
Water Sewer Expense 4800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 520
Total Actual Rent 11089
Property Sub Type Additional Mixed Use
Cap Rate 5.51
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Interior
Interior Amenities Ceiling Fan(s) Ceramic Counters Quartz Counters
Flooring Carpet Tile Vinyl Wood
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup In Kitchen
Entry Level 1
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Exterior
Fencing Block
Parking Features Assigned Off Street One Space
Lot Features 0-1 Unit/Acre Back Yard Rectangular Lot
Water Source Public
Total Parking 8
Lot Size Area 8068
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 6240
Lot Dimensions 89 x 90
Lot Size Acres 0.1852
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
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* Excluded Features
List By
Porter Heritage

Broker

jim@porterheritage.com

Email

Affordability Calculator

$9,951
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Monthly Principal & Interest
$9,951
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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$1,595,000 Listed Price

Map


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22720 Harvard, Torrance, CA, 90501 is a Multi-Family Home for sale at $1,595,000 with 6,240 sqft and a lot size of 0.1852. 22720 Harvard is a studio with 1.0 baths and was built in 1955. The property's zip code is 90501 which is in Torrance, CA