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$1,699,000
PW26185960 MLS Active Status
Excellent investment opportunity near Downtown Torrance! This Five unit apartment property offers a desirable unit mix consisting of a 2 bed/1 bath front residence, three additional 2 bed/1 bath units, and one 1 bed/1 bath unit. The rear four units are situated above the carport/parking area, providing an efficient use of the property and ample on site parking with 10 total spaces, including 5 carport spaces. Conveniently located near Downtown Torrance with easy access to shopping, dining, transportation, American Honda's Torrance operations, the redevelopment of the former Toyota campus, and numerous South Bay employment centers. A great opportunity for an investor looking to add a well located multifamily property to their portfolio.

1527 Torrance, Torrance

$14,950,000
OC26180225 MLS Active Status
The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.

3929 W 242nd Street, Torrance

$1,700,000
SB26131707 MLS Active Status
Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. ALL UNITS 100% VACANT and READY FOR FULL MARKET RENTS! Each residence lives like its own private home — separate entrances, no shared driveways, true street-to-alley access. Two units have back doors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath with original tile as well as in the kitchens which have stove, refrigerator, and dedicated water heaters. There are 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (BUYER TO VERIFY) to maximize rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Character and charm with timeless elegance. Private. Boutique layouts. High-demand location.

2363 Torrance, Torrance

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.