22720 Harvard, Torrance, CA 90501
Local realty services provided by:ERA North Orange County Real Estate
22720 Harvard,Torrance, CA 90501
$1,795,000
- - Beds
- - Baths
- 6,240 sq. ft.
- Multi-family
- Active
Listed by:jim porter
Office:porter heritage
MLS#:SB25231210
Source:CRMLS
Price summary
- Price:$1,795,000
- Price per sq. ft.:$287.66
About this home
8-Unit Apartment Building | First Time on Market in 26 Years!
Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
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Home facts
- Year built:1955
- Listing ID #:SB25231210
- Added:1 day(s) ago
- Updated:October 03, 2025 at 06:28 PM
Rooms and interior
- Living area:6,240 sq. ft.
Heating and cooling
- Heating:Natural Gas, Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1955
- Building area:6,240 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,795,000
- Price per sq. ft.:$287.66
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