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Key Details
Sold Price $1,460,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25249286
Sold Date 05/21/26
Construction Status Turnkey
HOA Y/N No
Year Built 1963
Lot Size 7,514 Sqft
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
Area 122 - Harbor Gateway
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Assigned, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Wood
Pool None
Community Features Curbs, Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Composition,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Rectangular Lot
Faces South
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7349002015
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Donnie Muldrow East West Estates
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