Torrance, CA 90501,1601 Torrance
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$ 1,450,000
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1601 Torrance Torrance, CA 90501

12 Beds

5,356 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $270

MLS Listing ID CRSB25249286

Bedrooms 12

HOA Y/N No

Year Built 1963

Lot Size 7,514 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

Prime 4-Plex Investment in Torrance! Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway). Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units. This is a great opportunity for both investors and owner-occupants-live in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81. Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Tile, Vinyl, Carpet

Fireplace No

Laundry Gas Dryer Hookup, Laundry Room, Other

Exterior

Exterior Feature Other

View Y/N true

View Other

Total Parking Spaces 4

Building

Lot Description Other

New Construction No

Others

Tax ID 7349002015


Bridge MLS
Listed by Jim Porter • Porter Heritage
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1601 Torrance