23209 Arlington Ave

Torrance, CA 90501
  • $1,899,000

    Price
  • 8

    Bed
  • 7

    Bath
  • 4,468

    SqFt

About the Listing SB1327500 - SKAMIEDW

Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often.

Listing Highlights

Status Active With Contingency
Days on Site 50
Property Type Multi-Family
MLS ® SB26149936
Year Built 1964
Total Square Footage 4,468
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 8
  • Bathrooms: 7 Full
  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Granite Counters,Walk-In Closet(s)
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Garden,Lawn,Landscaped,Yard,No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 5
  • Zoning: TORR-OF
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Door-Single,Driveway,Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7370022077
  • Tax Year: N/A

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23209 Arlington Ave Torrance, CA 90501

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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