NEW! Buy and sell safely with virtual options - Learn More
About the Listing SB1383360 - SFREDDER,INFREDDAN
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 (~$42K 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.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
SB26098719
Year Built
1960
Total Square Footage
7,820
Lot/Acreage
0.32
County
Los Angeles
Area
131 - West Torrance
Interior Details
- Bedrooms: 17
- Bathrooms: 11 Full
- Appliances: Gas Cooktop, Gas Oven
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Storage
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Cul-De-Sac,No Land Lease
- Garage Capacity: 11 car
- Parking Spaces: 11
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Garage,Garage Door Opener,Community Structure
Financial Details
- Tax Amount: $6,952
- Taxes w/Assessments: N/A
- Tax/Property ID: 7519001065
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
5326 Lorna St Torrance, CA 90503
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
