Active Under Contract

5326 Lorna Street

Torrance, CA 90503
Mark as Favorite
Bed 17

Bed

Bath 11

Bath

SqFt14,117

Sqft(Lot)

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-own ed 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 (~$36K 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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,500,000

AD Id : 87657451

MLS Id : SB26098719

Beds : 17

Lot Size : 14,117 Sqft

Year Built : 1960

Garage : 11

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Storage
    Appliances: GasCooktop, GasOven
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1960
    Building Area Total: 7820
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 14117 Lot Size Acres: 0.3241 Lot Size Source: Assessor Lot Size Square Feet: 14,117 Lot Description: CornerLot,CulDeSac

  • Listing Price Information

    Listing Price: $3500000
    Original Price: $3990000
    Cash, Conventional, OwnerMayCarry, Submit

  • Tax Information

    Parcel Number: 7519001065 Tax Lot: 1 Tax Year: 2025 Annual Tax: $6952

  • Parking Information

    Parking Total: 11 Assigned, Garage, GarageDoorOpener, CommunityStructure

    Garage Information

    Has Garage: Yes Garage Space: 11

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable, WaterAvailable
  • Location Information

    Direction: Torrance Blvd & Henrietta Street WaterSource: Public
Sell a home like this and save $209,501 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
2546 Maricopa, Torrance, CA, 90503 $1,389,000 3 2 1,480 1,480 SqFt
2576 El Dorado, Torrance, CA, 90503 $1,599,000 4 4 2,690 2,690 SqFt
1509 Elm Avenue, Torrance, CA, 90503 $2,495,000 6 7 3,759 3,759 SqFt
1028 Cerise Avenue, Torrance, CA, 90503 $1,069,000 2 1 1,010 1,010 SqFt
1116 Cerise Ave, Torrance, CA, 90503 $1,449,900 3 3 1,823 1,823 SqFt
1307 Greenwood Ave, Torrance, CA, 90503 $2,100,000 6 6 3,107 3,107 SqFt
2889 Plaza Del Amo #311, Torrance, CA, 90503 $1,599,000 4 3 2,807 2,807 SqFt
3110 Merrill Drive Unit.., Torrance, CA, 90503 $569,000 2 2 1,243 1,243 SqFt
3564 Del Amo Boulevard, Torrance, CA, 90503 $1,925,000 7 -- 3,916 3,916 SqFt
20462 Roslin Avenue, Torrance, CA, 90503 $1,395,000 4 3 2,174 2,174 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 21:01

MLS: SB26098719 LISTED BY: Derf Fredericks, Fredericks Realty 310-792-0907 SOURCE: CRMLS

Homes around $3,500,000

Selling? Save $209,501 when you sell a home like this

Tour with a ByOwner Agent