1555 W 204th, Torrance, California 90501, Torrance, 90501 - 0 bed, 0 bath
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Torrance, California 90501
This Quadruplex Asset represents a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,755,433 Fair Market Value by 0.3%. Featuring a Condition Rating of 3, the property offers modernized infrastructure from 2009 and immediate rental upside via a newly refreshed front unit. With a rare, uniform 3-bedroom unit mix, this asset provides stable cash flow potential. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a stabilized multi-family income stream in Torrance.
Property is move-in ready.
While originally built in 1944, the property underwent a major addition and systems overhaul (plumbing, electrical, windows) in 2009, placing the core infrastructure within the 10-20 year age bracket. The front unit is currently being refreshed with new flooring and paint, indicating a well-maintained, move-in ready status for tenants.
All four units feature three-bedroom layouts, a rare and highly desirable configuration for multi-family properties that attracts stable, long-term tenants and commands premium rental rates.
The property benefited from significant capital improvements in 2009, including upgraded plumbing, electrical systems, and windows, significantly reducing the immediate need for major maintenance expenditures.
The front unit is being delivered vacant and recently updated with new flooring and paint, providing an immediate opportunity to capture current market rents upon acquisition.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3754, other record living area = 1100.
Located within the Torrance/LA Strip rent control area, the property is subject to local ordinances that limit annual rent increases and add complexity to tenant management.
With only five parking spaces for four three-bedroom units, the parking-to-bedroom ratio is low, which may be a drawback for larger households with multiple vehicles.
This is a great opportunity for investors: Quadruplex with 4 units, 1555, 1555 1/2, 1557, 1557 1/2 W. 204th street. All 3-bedroom units total building size approximately 3,754 sqft. Front unit recently vacated and currently being updated with new laminate flooring and fresh paint, front unit is approximately 1,100 sqft and will be ready to rent soon after cleaning is completed. All stable tenant occupancy in the remaining units Originally built in 1944 as a duplex, with a second story later added per previous ownership, plumbing, electrical, and windows were upgraded during the addition in 2009. The building located in the Torrance rent control area (Los Angeles strip). Separated metered gas and electric for all units. Each unit has two (tandem) assigned parking spaces in the rear building.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 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 | 3,754 | 1,869 | 67% |
| Lot Size | 6,553 | 6,500 | 50% |
| Price | $1.75M | $1.08M | 92% |
| Price per sq ft | $466 | $534 | 42% |
| Built year | 1944 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 96 | 8% |
May 15, 2026
$1,750,000
Initial Listing
Mar 31, 2021
$1,300,000
Public Record
Jun 26, 2009
$599,500
Public Record
Jan 6, 2006
$675,000
Public Record
Jul 23, 2004
$375,000
Public Record
Apr 29, 2003
$243,000
Public Record