
Torrance, California 90501
This Turnkey Multi-Unit Investment is listed at $1,650,000, representing a stable acquisition aligned with its $1,649,163 Fair Market Value. Boasting an Excellent Condition Rating, the property features three permitted vacant units, including a 2023 JADU and a 2018 ADU with modern kitchens and a private patio. Recent 2024 system upgrades and proximity to Halldale Elementary ensure low maintenance and high tenant appeal. This versatile asset is an ideal match for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting immediate market-rate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1520 W 215th Subject | $1,650,000* List Price | 5 | 3 | 2,315 | $712 | - |
A 1532 -1534 W 221st Active | $1,480,000 List Price | 5 | 4 | 2,080 | $712 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This turnkey property qualifies as excellent due to extensive recent renovations and new construction. It features a brand-new JADU completed in 2023 and a rear ADU built in 2018. The main residence has been upgraded with modern kitchens featuring shaker cabinetry and stainless steel appliances, along with bamboo and tile flooring. Major system improvements, including a 2024 sewer line replacement, 2024 exterior paint, and energy-efficient dual-pane windows throughout, indicate a property with no deferred maintenance.
The property features three fully permitted, vacant units—a 3-bedroom main house, a 2023 JADU, and a 2018 ADU—offering immediate market-rate rental income or a flexible house-hacking opportunity.
Recent major improvements including a 2024 main sewer line replacement, 2024 exterior paint, and energy-efficient dual-pane windows throughout significantly reduce immediate maintenance requirements.
As a single-family residence with ADUs, the property is eligible for FHA and Conventional financing, allowing owner-users to acquire a high-cash-flow asset with lower down-payment options.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While located in Torrance, the property is served by the Los Angeles Unified School District rather than the highly-coveted Torrance Unified School District, which may impact long-term resale value.
With three separate living units situated on a 6,899 square foot lot and no scenic views, the property may feel crowded and lacks the privacy typically associated with single-family residential living.
RARE TURNKEY investment opportunity featuring THREE PERMITTED VACANT UNITS in a Single Family Home Dwelling with major system upgrades and strong income potential! This well-maintained property offers an ideal setup for owner-users or investors seeking cash flow, house-hacking, or multi-generational living. The front unit (1520) is a spacious 3-bedroom residence featuring bamboo and tile flooring, a generously sized living area, an updated bathroom, and an upgraded kitchen, making it highly desirable for long-term tenants or owner occupancy. The JADU (1522 ½) was completed and fully permitted in 2023, offering modern efficiency with newer electrical, recess lighting, mini-split heating and cooling, a fully updated kitchen and full bathroom, and sliding door access to the backyard and patio—perfect for maximizing rental appeal. The rear ADU (1522), built in 2018, is an oversized 1-bedroom, 1-bath unit with an expansive living room and floor-to-ceiling sliding doors opening to the backyard and patio. This unit features a kitchen with a portable granite-top island, recessed lighting, upgraded dual-pane windows for abundant natural light, and a gas fireplace to entertain and enjoy! Bamboo and tile flooring is installed throughout for design and durability. Property has double pane energy efficient windows throughout and is wired for a rear jacuzzi, pre-wired for interior and exterior security cameras, and is sprinkler ready. Additional cost saving upgrades includes full exterior including security gates and block walls were painted in 2024 along with ABS replacement of the main sewer line. Owner may take advantage of FHA and Conventional financing for owner occupy income earning opportunity. Take advantage of the strong cash flow, rental upside, and long-term appreciation potential—a true income-producing asset ready for immediate returns.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 86% |
| Baths | 3.0 | 0.0 | 86% |
| Square foot | 2,315 | 1,784 | 57% |
| Lot Size | 6,899 | 6,251 | 57% |
| Price | $1.65M | $1.00M | 86% |
| Price per sq ft | $713 | $574 | 86% |
| Built year | 1955 | 1944 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 84 | 86% |
Jan 14, 2026
$1,650,000
Initial Listing
Apr 3, 2001
$275,000
Public Record
Aug 31, 1998
$200,000
Public Record