1542 W 223rd, Los Angeles, CA 90501
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1542 W 223rd,Los Angeles, CA 90501
$1,100,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lionel franklin
Office: keller williams realty irvine
MLS#:OC26139951
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
About this home
Welcome to 1542 W 223rd Street, a rare 3-unit South Bay opportunity offering current income, flexible living options, and long-term upside in the heart of Torrance. Situated on an approximately 6,681 square foot lot, the property includes three separate living spaces: a front 2-bedroom, 1-bath residence, a middle 1-bedroom, 1-bath ADU, and a rear studio with 1 bathroom. Together, the property generates $6,800 per month and $81,600 in annual gross income, with all tenants currently month-to-month and current on rent. The front house is rented for $2,750 per month, the middle ADU is rented for $2,350 per month, and the rear studio is rented for $1,700 per month. With separate entrances, updated interiors, brand new split A/C units in all three spaces, and laundry inside the front and middle units, this property offers immediate income with room to grow. The layout creates multiple possibilities for investors, owner-users, extended families, and buyers seeking flexibility. Continue leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term upside. The opportunity becomes even more compelling with neighboring 1546 W 223rd Street also available, creating a rare chance to acquire side-by-side parcels in Torrance for scale, future planning, portfolio growth, or a larger South Bay footprint. Located just north of Sepulveda Boulevard with convenien...
Contact an agent
Home facts
- Listing ID #:OC26139951
- Added:29 day(s) ago
- Updated:August 02, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Cooling:Central Forced Air, Wall/Window, Zoned Area(s)
- Heating:Forced Air Unit
Structure and exterior
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$1,100,000
New listings near 1542 W 223rd
- New
$2,395,000Active7 beds -- baths3,156 sq. ft.8664 Cadillac Avenue, Los Angeles, CA 90034
MLS# CL26861731Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$749,000Active3 beds 3 baths1,744 sq. ft.5243 Yarmouth Avenue #31, Encino (los Angeles), CA 91316
MLS# CL26867023Listed by: EQUITY UNION - New
$1,120,000Active2 beds 2 baths1,600 sq. ft.5433 Tampa Avenue, Los Angeles, CA 91356
MLS# CL26867091Listed by: COLDWELL BANKER REALTY - New
$695,000Active1 beds 1 baths784 sq. ft.109 N Sycamore Avenue #102, Los Angeles, CA 90036
MLS# CL26867095Listed by: CROSBY DOE ASSOCIATES, INC. - New
$450,000Active1 beds 1 baths925 sq. ft.5165 Village, Los Angeles, CA 90016
MLS# CL26867291Listed by: COMPASS - New
$1,398,800Active6 beds 4 baths2,166 sq. ft.2541 Carmona Avenue, Los Angeles, CA 90016
MLS# 26867333Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$1,350,000Active3 beds 3 baths2,044 sq. ft.3543 Lavell Drive, Los Angeles, CA 90065
MLS# 26867329Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$975,000Active3 beds 2 baths1445 N Mariposa Avenue, Los Angeles, CA 90027
MLS# CL26867117Listed by: KELLER WILLIAMS REALTY LOS FELIZ - New
$2,399,000Active8 beds 6 baths5,240 sq. ft.23911 Homezell Drive, West Hills (los Angeles), CA 91304
MLS# CL26867305Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$487,000Active1 beds 1 baths870 sq. ft.877 Francisco #707, Los Angeles, CA 90017
MLS# AR26168271Listed by: SOCAL PREMIER PROPERTIES