Listed price in listed location currency (USD).
$1,100,000

210

MLS® OC26113980

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1656 sqft
Garage 
Taxes 
Days Active 1
Lot Size 0.1534 Acres
Approx. Age 1920
Avg. Price Per Sqft $664
MLS® Number OC26113980

Property Address: 1542 W 223rd, Torrance, CA, 90501

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

Description

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 leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term upside. The opportunity becomes even more compelling with neighboring 1546 W 223rd Street also available, creating a rare chance to acquire side-by-side parcels in Torrance for scale, future planning, portfolio growth, or a larger South Bay footprint. Located just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers strong connectivity to employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Three income streams, multiple possibilities, and a prime Torrance location make 1542 W 223rd Street an opportunity worth seeing.
MLS® NumberOC26113980
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayConcrete, Driveway Level, Driveway, Gated, Off Street, Paved, Pull Through, Rv Access Parking
Garage Spaces
HeatForced Air, Wall Furnace
A/CCentral Air, Wall Window Units, Zoned

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 3, 2026List Date
$1,100,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 3, 2026List Date
$1,100,000List Price

Home Appraisal

This property is estimated to sell between: $1,027,000 and $1,137,000.
Similar properties in this area sold on average for: $1,027,798
Expected to sell in 58 days. Similar properties sold in 59 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1542 W 223Rd, Torrance, CA

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