1542 W 223rd, Torrance, CA 90501

Local realty services provided by:ERA Excel Realty
1542 W 223rd,Torrance, CA 90501
$1,100,000
  • - Beds
  • - Baths
  • 1,656 sq. ft.
  • Multi-family
  • Active
Listed by: lionel franklin
Office: keller williams realty irvine949-861-8000
MLS#:OC26139951
Source:CRMLS

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...

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Home facts

  • Year built:1920
  • Listing ID #:OC26139951
  • Added:1 day(s) ago
  • Updated:July 04, 2026 at 05:41 AM

Rooms and interior

  • Flooring:Tile, Vinyl, Wood
  • Kitchen Description:Ceramic Counters, Dishwasher, Gas Range, Microwave
  • Bedroom Description:All Bedrooms Down
  • Living area:1,656 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units, Zoned
  • Heating:Forced Air, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Common Roof, Shingle
  • Year built:1920
  • Building area:1,656 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Back Yard, Front Yard, Paved, Sprinkler System, Street Level
  • Architectural Style:Modern, Ranch
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$664.25

Features and amenities

  • Appliances:Dishwasher, Gas Range, Microwave, Water Heater
  • Laundry features:Gas Dryer Hookup, Outside, Washer Hookup
  • Amenities:Ceiling Fans, High Ceilings, Open Floorplan, Recessed Lighting

Parking

  • Total parking spaces:2
  • Parking description:Concrete Driveway, Driveway, Driveway Level, Gated, Off Street, Paved Driveway
  • Garage:Yes
  • Garage spaces:2
Based on information from California Regional Multiple Listing Service, Inc. as of July 4, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.