1542 223rd, Torrance, CA 90501
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1542 223rd,Torrance, CA 90501
$1,100,000
- 3 Beds
- 3 Baths
- 1,656 sq. ft.
- Single family
- Active
Listed by: lionel franklin
Office: keller williams realty irvine
MLS#:OC26113980
Source:MLSListings
Price summary
- Price:$1,100,000
- Price per sq. ft.:$664.25
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 up...
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Home facts
- Year built:1920
- Listing ID #:OC26113980
- Added:81 day(s) ago
- Updated:September 23, 2026 at 04:56 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Dining Description:Dining Area in Living Room, Formal Dining Room, In Kitchen
- Kitchen Description:Dishwasher, Microwave
- Bedroom Description:Ground Floor Bedroom
- Living area:1,656 sq. ft.
Heating and cooling
- Cooling:Central Air, Window/Wall Unit
- Heating:Central Forced Air, Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:1,656 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level, Mid Block, Paved
- Architectural Style:Contemporary, Ranch
- Exterior Features:Automatic Sprinkler(s), Porch - Other
- Foundation Description:Concrete Slab, Raised
- Levels:1 Story
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$664.25
Features and amenities
- Laundry features:Gas Hook-up
- Amenities:Ceiling Fan(s), Central Fire Alarm, High Ceiling
Parking
- Parking description:Drive Through, Gate / Door Opener, Off Street Parking, Other, RV Access
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