
Torrance, California 90501
This Triplex Residential Income property is a Strong Value Opportunity, listed at $1,525,000—positioned well below the $1,394,682 Fair Market Value by -9%. Featuring a Condition Rating of 3, this turnkey asset includes a 2023 JADU, a 2018 ADU, and a Main House with major system upgrades like a replaced sewer line. The property offers significant rental upside and flexibility for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies. Its modern finishes and permitted units ensure immediate, high-yield income potential in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1520 W 215th Subject | $1,525,000* List Price | 5 | 3 | 2,315 | $602 | - |
A 1442 220th St Sold | $1,200,000 | 0 | 0 | 1,954 | $614 | 0.4 mi |
B 1630 W 206th Active | $1,480,000 List Price | 6 | 3 | 2,180 | $679 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features extensive recent updates and additions, including a new JADU completed in 2023 and an ADU built in 2018. Kitchens and bathrooms are updated with modern cabinetry and countertops, and major systems have been upgraded including newer electrical, mini-split HVAC, and a replaced main sewer line, making it fully turnkey.
The property features three permitted, vacant units (Main House, ADU, and JADU), allowing for immediate market-rate leasing, multi-generational living, or a high-yield house-hacking strategy.
Significant recent upgrades including a 2023 JADU, 2018 ADU, 2024 exterior paint, and a replaced main sewer line provide a turnkey experience with reduced immediate maintenance liability.
Equipped with bamboo flooring, updated kitchens, energy-efficient dual-pane windows, and mini-split HVAC systems, the units offer a contemporary aesthetic that commands premium rental rates.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With over 230 days on the market and multiple price reductions, the property may carry a market stigma that requires aggressive negotiation or further price alignment to attract a buyer.
Despite the Torrance address, the property is situated within the Los Angeles Unified School District rather than the highly-coveted Torrance Unified, which may limit appeal for family-oriented long-term residents.
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 |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,315 | 2,875 |
| Lot Size | 6,899 | 5,763 |
| Price | $1.52M | $1.29M |
| Price per sq ft | $659 | $542 |
| Built year | 1955 | 1953 |
| HOA | $0 | $0 |
| Days on market | 238 | 119 |
Jul 17, 2026
$1,525,000
$1,575,000
-3% Price Drop
Initial Listing
May 14, 2026
$1,575,000
$1,650,000
-5% Price Drop
Initial Listing
Jan 14, 2026
$1,650,000
Initial Listing
Apr 3, 2001
$275,000
Public Record
Aug 31, 1998
$200,000
Public Record