
Torrance, California 90501
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,319,670 Fair Market Value by 9%. This valuation gap offers $119,670 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the property combines a modern 2006-built rear duplex with a classic 1944 front structure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income near the Harbor-UCLA Medical Center.
Property is moderate renovation needed.
The property presents a split condition profile: the rear duplex is relatively modern (built 2006), but the front duplex is 80 years old (1944) and described as having 'potential to add value.' This indicates that while functional, the older units likely feature dated kitchens, baths, and systems requiring updates to reach peak market potential.
The 3-bedroom unit can be delivered vacant, offering a rare opportunity for a buyer to live in one unit while utilizing rental income from the other three to offset the mortgage.
Unlike many older multi-family assets, the rear duplex was built in 2006, providing newer infrastructure and potentially lower immediate maintenance costs for half of the units.
Proximity to Harbor-UCLA Medical Center and the 405 freeway ensures a steady demand from a high-quality tenant pool, including medical professionals and commuters.
The front duplex dates back to 1944, which may require significant capital expenditures for upgrades or repairs to bring it to the same standard as the newer rear structure.
The largest 3-bedroom unit only features one bathroom, which is a suboptimal ratio that may limit its appeal to larger families and cap the maximum achievable rent.
A unique opportunity to acquire a 4 unit property in the city of Torrance with a front duplex built in 1944 and a newer rear duplex built in 2006. The front structure consists of 1 bd/1 bth & 2 bd/1 bth units with spacious layouts, and tons of yard space. The rear structure includes a downstairs 1 bd/1 bth unit w/ an attached garage, and an upstairs 3 bd/1 bth unit that may be delivered vacant for an ideal owner/occupier. The entire property sits on a 6,855sf sized lot with a long driveway, dedicated parking for each unit, and potential to add value to maximize rents in the future. Good Location in Torrance off the 405 fwy, within Harbor Gateway, near Harbor-UCLA Medical Center, and tons of local shops & restaurants.
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 |
|---|---|---|
| Beds | 0.0 | 3.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,103 | 2,875 |
| Lot Size | 6,855 | 5,763 |
| Price | $1.20M | $1.29M |
| Price per sq ft | $387 | $542 |
| Built year | 1944 | 1953 |
| HOA | $0 | $0 |
| Days on market | 29 | 119 |
Aug 11, 2026
$1,200,000
Initial Listing