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Bruce Kang, Broker
1601 Torrance, Torrance, CA 90501
- $1,460,000
- Sold Price
- $1,460,000
- List Price
- $1,450,000
- Status
- CLOSED
- Days on Market
- 6
- Closing Date
- May 21, 2026
- MLS#
- SB25249286
- Subtype
- Residential Income
- Year Built
- 1963
- Lot Size
- 7,514
- Acres
- 0.17
- MLS Area Major
- Harbor Gateway (122)
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.
Additional Information
- Interior Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring
- Carpet, Tile, Vinyl
- Appliances
- Gas Range
- Heating
- Wall Furnace
- Exterior Construction
- Concrete, Stucco, Copper Plumbing
- Roof
- Asphalt, Composition, Shingle
- Pool Type
- None
- Parking Features
- Assigned, Driveway, Garage
- Garage Spaces
- 4
- View
- Neighborhood
Listing courtesy of Listing Agent: Jim Porter (jim@porterheritage.com) from Listing Office: Porter Heritage.
Listing sold by Donnie Muldrow from East West Estates
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.