
Torrance, California 90501
This Income-Generating Triplex represents a strategic acquisition listed at $949,000, aligning perfectly with its $949,000 Fair Market Value following a significant price adjustment. Each unit features Remodeled Kitchens and Bathrooms and Original Hardwood Floors, supporting a Fair Condition Rating and immediate rental readiness. The property offers high-demand amenities including Private Garages and in-unit laundry hookups, located near the well-rated Halldale Elementary School. This turnkey asset provides a stable valuation and consistent cash flow potential for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack in Torrance.
Property is moderate renovation needed.
The property, built in 1956, features 'remodel updated bathrooms and kitchens' and 'original hardwood floors,' indicating significant interior improvements. The exterior appears maintained, and windows seem updated. However, despite these updates, the building's age suggests that major systems (plumbing, electrical, roofing) may be original or nearing the end of their useful life, as noted in the property analysis. While the interior updates are a strong positive, the overall age of the structure and potential for outdated major systems prevent it from being classified as 'Good.' It is well-maintained with recent updates to key areas, but the underlying infrastructure is older, aligning with the 'Fair' condition criteria.
The property is a triplex, offering immediate income potential from three separate units, ideal for investors seeking rental revenue.
All units feature remodeled bathrooms and kitchens, along with original hardwood floors, providing modern appeal and durability for tenants.
Each unit includes a dedicated one-car garage, additional driveway parking, and convenient in-unit washer/dryer hookups, enhancing tenant desirability and retention.
A history of significant price drops from $1.149M to $949K may suggest initial overpricing or potential underlying issues, which could raise buyer scrutiny.
Built in 1956, the property's age indicates that major systems such as plumbing, electrical, or roofing may be original or nearing the end of their useful life, potentially requiring future capital expenditures.
With 2268 total square feet divided among three units, individual unit sizes are relatively compact, which might limit the tenant pool or rental income potential compared to properties with larger units.
Spacious 3 Units each one with one car garage plus 3 drive way parking spots. All units identical Original hardwood floors and remodel updated bathrooms and kitchens. All units with washer and Dryer hook ups.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 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 | 2,268 | 1,784 | 57% |
| Lot Size | 7,002 | 6,251 | 57% |
| Price | $949.0K | $949.0K | 50% |
| Price per sq ft | $418 | $494 | 43% |
| Built year | 1956 | 1944 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 320 | 84 | 0% |
Nov 20, 2025
$949,000
$989,000
-4% Price Drop
Initial Listing
Oct 25, 2025
$989,000
$998,000
-1% Price Drop
Initial Listing
Aug 12, 2025
$998,000
Initial Listing
Jun 6, 2025
$1,149,000
Initial Listing