
Torrance, California 90501
This Dual-Unit Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,199,000—positioned slightly above the $1,160,955 Fair Market Value. While the property requires completion of the rear unit, the Condition Rating of 2 reflects extensive modern upgrades, including new HVAC, porcelain and acacia countertops, and luxury vinyl flooring. With two attached garages and a large lot, this property offers significant rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a prime Torrance location.
Prime Torrance duplex for sale. Features two renovated homes on one large lot with modern upgrades, dual garages, and high rental income potential. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1345 W 219th Subject | $1,199,000* List Price | 0 | 0 | 2,822 | $411 | - |
A 1541 W 224th Street Active | $899,888 List Price | 0 | 0 | 2,558 | $352 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of two homes that have undergone total recent renovations or are currently under construction. Key updates include brand new HVAC systems for both units, completely new kitchens with porcelain and acacia wood countertops, new appliances, luxury vinyl flooring, and updated bathrooms, fitting the criteria for a renovation completed within the last 5 years.
The property features two distinct homes on a single lot—a renovated 2-bedroom front house and a 4-bedroom rear house—offering exceptional versatility for multi-generational living or high-yield rental income.
Both residences have been extensively updated with brand new HVAC systems, designer kitchens featuring porcelain and acacia wood countertops, luxury vinyl flooring, and smart Bluetooth LED lighting.
With two separate 2-car attached garages and a long driveway capable of accommodating a motorhome or boat, the property provides rare and extensive parking capacity for a multi-family lot.
The rear house is currently under construction, which may delay immediate occupancy and could present challenges for buyers seeking a move-in ready multi-family investment.
Originally built in 1937, the property may possess underlying infrastructure or architectural limitations inherent to older homes that renovations might not fully address.
Torrance has many multi-family properties with 2 homes on one lot. The front house has just been renovated and boasts 2 bedrooms, 2 bathrooms, an office, a double attached garage and direct access into the house. In addition to a large gated (new) front yard, the front house also has its own private gated garden in the rear, perfect for family gatherings. Upgrades include totally new bathrooms and kitchen with a rare porcelain countertop, brand new appliances, luxury vinyl flooring throughout, Bluetooth LED color-changing recessed lights and custom paint and wallpaper to compliment the upgrades. Brand new HVAC. New laundry appliance, sink and cabinets are in the garage. Long driveway can fit motorhome or boat. The 2-story home in the rear of the lot has a total of 4 bedrooms and 3 bathrooms. The bright and airy upstairs has 3 bedrooms, 2 bathrooms, and a chandeliered vestibule. The downstairs has a half bathroom and a fourth bedroom with a hallway for privacy. Bluetooth LED color-changing recessed lights throughout the entire home. The 2-car attached garage has direct access into the house. The kitchen has been totally replaced with acacia wood custom counters and all new appliances. It opens to the living room, which has a sliding door to the large rear patio and its own fenced backyard. Brand new HVAC. Laundry is in the garage, which features floor-to-ceiling new cabinets. The rear house is currently under construction. Harbor Gateway properties rarely come on the market, so this is an opportunity that can't be beat!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,822 | 2,875 |
| Lot Size | 9,003 | 5,763 |
| Price | $1.20M | $1.29M |
| Price per sq ft | $425 | $542 |
| Built year | 1937 | 1953 |
| HOA | $0 | $0 |
| Days on market | 11 | 119 |
Aug 29, 2026
$1,199,000
Initial Listing