
Torrance, California 90501
This Historic Income-Producing Triplex is listed at $1,499,000, positioned as a stable, high-demand asset within the Old Downtown Torrance market. With a $1,382,669 Fair Market Value, the pricing reflects the property's Condition Rating of 4, signaling a clear opportunity for forced appreciation through cosmetic modernization. The residence features a rare six-car tandem garage, a private deck, and immediate proximity to the Rating 8 Torrance High School. This versatile property is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term wealth in a premier historic district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1334 Engracia Avenue Subject | $1,499,000* List Price | 0 | 0 | 3,396 | $415 | - |
A 1612 W 218th Sold | $1,350,000 | 0 | 0 | 3,111 | $434 | 0.8 mi |
B 2713 - 2717 Arlington Sold | $1,600,000 | 0 | 0 | 4,176 | $383 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1939, the property shows signs of renovations that are likely 20+ years old. The kitchen and bathrooms feature dated cabinetry, older tile work, and fixtures. The presence of popcorn ceilings, wall-mounted AC units, and weathered exterior decking indicates the property is functional but requires cosmetic and system modernization.
Situated in the heart of historic Old Downtown Torrance, the property offers exceptional walkability to local dining, parks, and services on a peaceful, tree-lined street.
This well-maintained triplex features two large 3-bedroom units and one 2-bedroom unit, making it an ideal opportunity for an owner-user to generate significant rental income.
Rare for a 1939 property, the site includes three garages with tandem parking for up to six vehicles, providing a major competitive advantage in a high-density neighborhood.
Built in 1939, the property may require more frequent maintenance or costly upgrades to aging electrical, plumbing, and insulation systems to meet modern standards.
While parking is plentiful, the tandem configuration can be a drawback for tenants who require independent vehicle access, potentially impacting long-term tenant satisfaction.
Charming triplex located on a peaceful, tree-lined street in the heart of historic Old Downtown Torrance. This well-maintained property features three spacious units, including two townhome-style residences: The front unit offers 2-bedrooms and 1.5 bathroom. The middle unit has 3 bedrooms and 2 bathrooms. Both of these units have multiple outdoor spaces that are perfect for entertaining or relaxing. The rear unit is a 3-bedroom, 1.5 bath unit situated above the garages, providing added separation and privacy. The property includes three garages with tandem parking, accommodating up to two cars each. Conveniently located near popular restaurants, parks, shopping, and local services, this is an excellent opportunity for an owner-user to live in one unit while generating rental income from the others. A rare find in a highly desirable Torrance neighborhood.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,396 | 1,869 | 67% |
| Lot Size | 5,602 | 6,447 | 25% |
| Price | $1.50M | $1.08M | 83% |
| Price per sq ft | $441 | $534 | 42% |
| Built year | 1939 | 1944 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 97 | 8% |
Apr 24, 2026
$1,499,000
Initial Listing
Feb 10, 1998
$337,500
Public Record