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1542 W 223rd

Torrance, CA 90501
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$1,100,000 $4,637/Mo
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Bed 3

Bed

Bath 3

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 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 87593263

MLS Id : OC26139951

Beds : 3

Lot Size : 6,681 Sqft

Living Area Size : 1,656

Year Built : 1920

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Interior Features

    Roof: Common Roof,Shingle Interior Features: Ceiling Fan(s),Ceramic Counters,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 Building Area Total: 1,656 Construction: Stucco Roof: Common Roof,Shingle

  • Accessibility Features

    Safe Emergency Egress from Home,Accessible Approach with Ramp

    Pool Features

    None

    Laundry Features

    Washer Hookup,Gas Dryer Hookup,Outside

    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

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • 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. Source Property Type: Residential Income Area: 122 - Harbor Gateway Property SubType: Triplex

  • Building and Construction

    Property Age: 106 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Public Records Entry Level: 1 Entry Location: Front Door Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1535 W 224th Street, Torrance, CA, 90501 $850,000 4 2 1,596 1,596 SqFt
1535 W 224th Street, Torrance, CA, 90501 $850,000 4 2 1,596 1,596 SqFt
1541 W 224th Street, Torrance, CA, 90501 $950,000 6 3 2,558 2,558 SqFt
1510 W 227th, Torrance, CA, 90501 $939,000 8 4 2,786 2,786 SqFt
1562 W 226th, Torrance, CA, 90501 $949,000 4 4 2,700 2,700 SqFt
1625 W 226th, Torrance, CA, 90501 $1,249,000 6 4 2,400 2,400 SqFt
1652 Plaza Del Amo, Torrance, CA, 90501 $2,470,000 12 10 4,700 4,700 SqFt
1627 W 228th, Torrance, CA, 90501 $925,000 4 4 2,600 2,600 SqFt
903 Amapola, Torrance, CA, 90501 $925,000 2 2 1,312 1,312 SqFt

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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 07/06/2026 @ 16:38

MLS: OC26139951 LISTED BY: Lionel Franklin, Keller Williams Realty Irvine 949-861-8000 SOURCE: CRMLS

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