1557 Plaza Del Amo
Torrance, CA, 90501 $ 1,748,000
Bedrooms16 Baths16.0 Sq 7,772 Monthly Estimate*
$ 12,073
Listed by Nabil Awada, Matthews Real Estate Investment Services, nabil.awada@matthews.com
for $1,748,000 with 16 bedrooms and 16 full baths. This 7,772 square foot home was built in 1985 on a lot size of 0.2667.
1557 Plaza del Amo offers the opportunity to acquire a fully occupied, 8-unit multifamily asset in Torrance, one of the South Bay's most established and sought-after rental markets. Built in 1985, the property combines stable in-place income with a clear, defined path to a meaningful increase in cash flow. The property consists of eight 2 bed / 2 bath units averaging approximately 970 square feet per unit. The generous floorplans, with select units offering private patios or balconies, are a standout for the submarket and support strong, consistent tenant demand. The property is gated and secured, with rear parking consisting of private carport and garage spaces. The building is 100% occupied, with in-place rents approximately 34% below current market. As the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and is governed by AB 1482, a new owner can systematically bring rents to market as units turn, creating a clear value-add path without a major renovation program. Owner pays water, sewer, trash, gardener, and common area electric and gas. Tenants pay unit electric and gas. Torrance is a core South Bay submarket with a deep and diverse renter pool, supported by major employers in aerospace, healthcare, and logistics, as well as proximity to LAX and El Segundo. Residents enjoy convenient access to the 405, 110, and 107 freeway corridors, Del Amo Fashion Center, Torrance Memorial Medical Center, Downtown Torrance, and the South Bay beaches. Consistently limited supply and strong schools and amenities continue to draw long-term renters, keeping vacancy low and supporting durable rent growth across the submarket. Offering Memorandum available upon request. Seller is a licensed California real estate broker.
See more
FeaturesGeneralLiving Area 7772
Sewer Sewer Tap Paid
Cooling Wall/Window Unit(s)
Appliances Dishwasher Refrigerator
Zoning LARD1.5
Year Built 1985
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Levels Two
Gross Income 178463
County Los Angeles
Net Operating Income 102026
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South on Western Ave East on Plaza Del Amo
City Torrance
Senior Community Y/N false
Number Of Units Total 8
MLS Area 122 - Harbor Gateway
Lot Size Units Square Feet
Lot Size Square Feet 11616
Carport Y/N true
Number of Units Leased 8
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.84
See more
InteriorTotal Stories 2
Air Conditioning Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 16
Total Baths 16
See more
ExteriorParking Features Carport Gated
Total Parking 16
Lot Size Area 11616
Number of Buildings 1
Building Area Total 7772
Lot Size Acres 0.2667
Lot Size Source Assessor
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
See more
* Excluded FeaturesList ByMatthews Real Estate Investment ServicesBroker
nabil.awada@matthews.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,073
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Torrance, CA
Average List Price $2,581,291
Percent of Sale Price 48%
About Torrance, CA 145,215 Population
5% Since 2002
$ 83,626 Median Income
43.39 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/7/2026 | $1,748,000 | | Listed Price |