
Torrance, California 90501
This Strong Value Opportunity is a turn-key triplex listed at $1,480,000, positioned above the $1,349,811 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating with newly updated units and rare attached 1-car garages for every tenant. Located in Torrance, this asset provides immediate cash flow potential and low-maintenance operations. It is an ideal acquisition for Buy-and-Hold Investors seeking a stable, income-generating portfolio addition or Owner-Occupants looking to house-hack in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1630 W 206th Subject | $1,480,000* List Price | 6 | 3 | 2,180 | $607 | - |
A 1520 W 215th Active | $1,575,000 List Price | 5 | 3 | 2,315 | $680 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1955, the property is described as having 'newly updated' units and being 'turn-key.' The exterior shows well-maintained stucco and clean walkways, though the aged concrete driveway and 69-year-old bones keep it from an 'Excellent' rating. It meets the 'Good' criteria as a functional, move-in ready investment with recent renovations.
This turn-key triplex features three newly updated 2-bedroom units, offering immediate cash flow and high rental demand in the competitive South Bay market.
Each unit includes an attached 1-car garage plus a tandem parking space, a rare and highly desirable feature for multi-family properties that significantly enhances tenant retention.
The property has been recently updated and designed for low maintenance, reducing immediate capital expenditure requirements and providing a powerhouse asset for a real estate portfolio.
Although located in Torrance, the property is situated within the Los Angeles Unified School District rather than the highly-coveted Torrance Unified School District, which may impact long-term appreciation and family-tenant appeal.
Originally built in 1955, the property may have aging core systems such as plumbing or electrical that could require future maintenance or upgrades despite recent cosmetic improvements.
Incredible Income Opportunity: Prime Triplex in the Heart of Torrance! Welcome to this exceptional, low-maintenance triplex offering strong rental demand and incredible cash flow potential in highly desirable Torrance. This property consists of three spacious newly updated units, each featuring a 2-bedroom, 1-bathroom floor plan designed for comfortable everyday living. Every individual unit features its own attached 1-car garage and one tandem parking space, providing secure parking for each tenant. An on-site laundry area adds immediate convenience for residents while offering a great opportunity for additional passive income for the owner. Perfectly situated near top-rated Torrance schools, local parks, prime shopping, and dining, with easy access to commuter routes and the beach. Whether you are looking to add a powerhouse asset to your real estate portfolio, this turn-key income property is a rare find in a competitive South Bay market. Don’t miss out!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,180 | 3,396 |
| Lot Size | 7,002 | 5,817 |
| Price | $1.48M | $1.26M |
| Price per sq ft | $679 | $525 |
| Built year | 1955 | 1963 |
| HOA | $0 | $0 |
| Days on market | 45 | 53 |
Jun 7, 2026
$1,480,000
Initial Listing
Feb 23, 2024
$1,380,000
Public Record
Oct 25, 2019
$1,095,000
Public Record
Jul 11, 2018
$869,000
Public Record
Apr 5, 2018
$630,000
Public Record
Aug 30, 2004
$410,000
Public Record
May 11, 2000
$196,000
Public Record
Oct 6, 1999
$140,000
Public Record