5326 Lorna Street, Torrance, CA 90503
Local realty services provided by:ERA North Orange County Real Estate
5326 Lorna Street,Torrance, CA 90503
$3,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: derf fredericks, danny fredericks
Office: fredericks realty310-792-0907
MLS#:SB26098719
Source:CRMLS
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Price summary
- Price:$3,500,000
About this home
Prime 11-Unit Investment Opportunity in West Torrance
Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal.
The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses.
Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability.
From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$36K annually), contributing to an attractive expense ratio and long-term cash flow opportunity.
Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location.
This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market....
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Home facts
- Year built:1960
- Listing ID #:SB26098719
- Added:148 day(s) ago
- Updated:October 02, 2026 at 07:26 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Gas Cooktop, Gas Oven
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1960
- Lot Features:Corner Lot, Cul De Sac
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Tax amount:$6,952 (2025)
Features and amenities
- Amenities:Storage
Parking
- Total parking spaces:11
- Parking description:Assigned, Community Structure, Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:11
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