1546 W 223rd, Los Angeles, CA 90501
Local realty services provided by:ERA North Orange County Real Estate
1546 W 223rd,Los Angeles, CA 90501
$1,000,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lionel franklin
Office: keller williams realty irvine
MLS#:OC26139958
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,000,000
About this home
Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger...
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Home facts
- Listing ID #:OC26139958
- Added:43 day(s) ago
- Updated:August 16, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window, Zoned Area(s)
Structure and exterior
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$1,000,000
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