Active

1542 W 223rd

Torrance, CA 90501
Mark as Favorite
Bed 2

Bed

Bath 1

Bath

SqFt1,656

Sqft

SqFt6,681

Sqft(Lot)

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 midd le 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,100,000

AD Id : 87593259

MLS Id : OC26113980

Beds : 2

Lot Size : 6,681 Sqft

Living Area Size : 1,656

Year Built : 1920

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Common Roof,Shingle Interior Features: Ceiling Fan(s),Ceramic Counters,Separate/Formal Dining Room,Eat-in Kitchen,Granite Counters,High Ceilings,Open Floorplan,Recessed Lighting,All Bedrooms Down,Bedroom on Main Level,Main Level Primary Property Appliances: Dishwasher,Gas Range,Microwave,Water Heater Fireplace: None Flooring: Tile,Vinyl,Wood
  • Cooling Features

    Central Air,Wall/Window Unit(s),Zoned Air Conditioning

    Heating Source

    Forced Air,Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1920 Construction: Stucco Roof: Common Roof,Shingle
  • Foundation

    Raised,Slab

    Security Features

    Fire Detection System,Smoke Detector(s)
  • Accessibility Features

    Safe Emergency Egress from Home,Accessible Approach with Ramp

    Pool Features

    None

    Laundry Features

    Washer Hookup,Gas Dryer Hookup,Outside

    Patio And Porch

    Front Porch

    Fencing

    Privacy,Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1534
  • Lot Size Source: Assessor Lot Size Square Feet: 6681

  • Listing Price Information

    Original List Price: 1,100,000 Listing Contract Date: 2026-07-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7347002008

  • Garage and Parking

    Garage Description: Concrete,Driveway Level,Driveway,Gated,Off Street,Paved,Pull-through,RV Access/Parking

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 122 - Harbor Gateway Directions: From Western Ave, head west on W 223rd St. The property will be located on your right. Zoning: LAR1 Source Property Type: Residential Area: 122 - Harbor Gateway Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 106 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Public Records Total Square Feet Living: 1656 Entry Level: 1 Entry Location: Front Door Levels or Stories: One Building Total Stories: 1 Structure Type: House
Sell a home like this and save $65,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
20828 Brighton, Torrance, CA, 90501 $999,990 3 2 1,290 1,290 SqFt
21125 Normandie Avenue, Torrance, CA, 90501 $1,099,000 4 3 2,231 2,231 SqFt
20926 Brighton Avenue, Torrance, CA, 90501 $850,000 3 -- 1,105 1,105 SqFt
20315 Denker Avenue #34, Torrance, CA, 90501 $120,000 1 1 408 408 SqFt
1328 W 214th Street, Torrance, CA, 90501 $970,000 4 2 1,800 1,800 SqFt
1566 W 208th Street, Torrance, CA, 90501 $890,000 3 1 1,760 1,760 SqFt
1453 W 215th, Torrance, CA, 90501 $850,000 3 1 1,150 1,150 SqFt
1627 W 206th Street, Torrance, CA, 90501 $2,495,000 16 -- 7,756 7,756 SqFt
1630 W 206th, Torrance, CA, 90501 $1,480,000 6 3 2,180 2,180 SqFt
20600 S Western, Torrance, CA, 90501 $3,500,000 -- -- 13,692 13,692 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/08/2026 @ 02:01

MLS: OC26113980 LISTED BY: Lionel Franklin, Keller Williams Realty Irvine 949-861-8000 SOURCE: CRMLS

Homes around $1,100,000

Selling? Save $65,501 when you sell a home like this

Tour with a ByOwner Agent