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Listed price in listed location currency (USD).
$1,349,000

1266

MLS® 26651257

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4092 sqft
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1965
Avg. Price Per Sqft $329
MLS® Number 26651257

Property Address: 1322 W 227th St, Torrance, CA, 90501

Average square foot calculated using Size range provided by listing agent.

Description

SWI Realty is proud to present a great opportunity to acquire a bread & butter multifamily asset with the potential to greatly raise the gross income by approximately 140%. HACLA Section 8 pays $2, 887 for 2 bedrooms & $2, 289 for a 1 bedroom. This asset is located in the highly sought after South Bay market. Built in 1965, the property features six (6) 2 bedroom 1 bathroom units PLUS the ability to build a 1 bedroom ADU. Seller has approved plans and Ready To Issue (RTI) permit to resubmit. Each unit is separately metered for gas and electrical. Main plumbing line from front to rear of property is copper. Unit #3 has pex & copper plumbing...Work was completed approximately 18 months ago. All units have new sub panels which were installed approximately 2 years ago. Exterior of property was painted Feburaury 2026. Laundry facility at rear of property. The asset sits in a submarket with high demand for renovated units which provides a clear path to market rate rent increases. Current gross income of $97, 953 can potentially become $235, 332 by turning units and working with Section 8. Freeway accessibility to the 110, 405 & 105 which provides access to Long Beach, Redondo Beach, Manhattan Beach, LAX & Downtown LA. Walking distance to Normandie Park Recreation Center. Act now on this bread & butter asset with the ability to increase gross income by about 140%!
MLS® Number26651257
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$1,349,000List Price
  • Commute

Commute

Starting Address
Destination Address
1322 W 227 Th St, Torrance, CA

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