Active

1542 W 223rd

Torrance, CA 90501
Mark as Favorite
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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

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

Map What's Nearby

Map Nearby Areas

Feature Features

  • 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
    Roof: Common Roof, Shingle
    Appliances: Dishwasher, Gas Range, Microwave, Water Heater
    Laundry Features: Washer Hookup, Gas Dryer Hookup, Outside
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Wall Furnace Has Cooling: Yes Cooling: Central Air, Wall/Window Unit(s), Zoned

  • Building Information

    Year Built: 1920
    Building Area Total: 1656
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: City Lights, Neighborhood

  • Lot Information

    Main Square Feet: 6681 Lot Size Acres: 0.1534 Lot Size Source: Assessor Lot Size Square Feet: 6,681 Lot Description: 0-1 Unit/Acre,Back Yard,Front Yard,Paved,Sprinkler System,Street Level

  • Listing Price Information

    Listing Price: $1100000
    Cash, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan, VA No Loan, VA No No Loan

  • Tax Information

    Parcel Number: 7347002008 Tax Lot: 234

  • Parking Information

    Parking Total: 2 Concrete, Driveway Level, Driveway, Gated, Off Street, Paved, Pull-through, RV Access/Parking

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: From Western Ave, head west on W 223rd St. The property will be located on your right. WaterSource: Public
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
1641 W 204th Street, Torrance, CA, 90501 $1,200,000 7 4 --
1558 W 214th Street, Torrance, CA, 90501 $1,575,000 7 5 2,970 2,970 SqFt
1535 W 224th Street, Torrance, CA, 90501 $799,888 4 2 --
1535 W 224th Street, Torrance, CA, 90501 $799,888 4 2 1,596 1,596 SqFt
1541 W 224th Street, Torrance, CA, 90501 $899,888 6 3 --
1546 W 223rd, Torrance, CA, 90501 $1,000,000 3 2 1,360 1,360 SqFt
1510 W 227th, Torrance, CA, 90501 $939,000 8 4 2,786 2,786 SqFt
1625 W 226th, Torrance, CA, 90501 $998,900 6 4 --
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

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 08/20/2026 @ 19:28

MLS: OC26139951 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