
Torrance, California 90501
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,249,000—positioned well below the $1,408,704 Fair Market Value by 11%. This valuation gap offers $159,704 in Instant Equity. Featuring a Condition Rating of 3 with a newly constructed 2024 ADU, the property provides immediate cash flow and future development potential via a 4-gang electrical panel. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the strong South Bay rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1625 W 226th Subject | $1,249,000* List Price | 0 | 0 | 2,400 | $587 | - |
A 1442 220th St Sold | $1,200,000 | 0 | 0 | 1,954 | $614 | 0.5 mi |
B 1612 W 218th Sold | $1,350,000 | 0 | 0 | 3,111 | $434 | 0.6 mi |
C 2422 Arlington Sold | $1,080,000 | 4 | 2 | 1,600 | $675 | 0.6 mi |
D 2422 Arlington Sold | $1,080,000 | 0 | 0 | 1,600 | $675 | 0.6 mi |
E 1541 W 224th Street Active | $950,000 List Price | 0 | 0 | 2,558 | $371 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand-new 2024 ADU in excellent condition. While the original 1960s units utilize dated wall heaters and window AC units, the interiors show recent cosmetic updates including newer laminate flooring and fresh paint, making the entire triplex functional and move-in ready.
The property features a newly constructed 2024 ADU and generates a strong gross monthly income of $8,000, offering an attractive cap rate in a high-demand South Bay rental market.
All three units are detached, providing tenants with maximum privacy, and are individually metered for gas and electricity, significantly reducing the owner's operating expenses to just water and sewer.
Equipped with a 4-gang electrical panel and potential for JADU development, the property offers a clear path for further density and increased cash flow for savvy investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1600.
While the ADU is brand new, the original units date back to 1960, which may necessitate future capital expenditures for maintenance or upgrades to older building systems.
With two units currently occupied, the buyer must navigate existing lease terms and perform thorough due diligence regarding tenant history and local rent regulations.
Great investment for this 3 units income property. One unit is currently vacant Plus great market rents for the other two. Featuring a newly built 2024 ADU and strong in place rents. All units are detached individually metered for gas and electric with the owner only paying water/Sewer. The property consists of two 2 bedrooms and one bath and newly constructed 2 bed/2 bath ADU. When fully occupied, total gross rent is $8000 per month with low operating expenses. Additionally possible JADU development with 4 gang electrical panel. property ideal for owner-user or investors ready installed for future rent growth. South bay strong rental market. Buyer to do own due diligence. Please do not disturb the tenants.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,400 | 3,396 |
| Lot Size | 5,603 | 5,817 |
| Price | $1.25M | $1.26M |
| Price per sq ft | $520 | $525 |
| Built year | 1960 | 1963 |
| HOA | $0 | $0 |
| Days on market | 21 | 53 |
Jul 1, 2026
$1,249,000
Initial Listing
Dec 8, 2022
$735,000
Public Record