
Torrance, California 90501
Analysis of 2363 Torrance Boulevard, Torrance, California 90501 is currently available with a list price of $1,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Torrance Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1944, this property is meticulously maintained but remains largely dated. While the hardwood floors and paint appear fresh, the kitchens feature vintage tile and cabinetry likely exceeding 30 years in age. It is functional and move-in ready, but requires cosmetic and system updates to reach modern standards.
The property is delivered completely vacant, allowing an investor to bypass rent control limitations and immediately secure market-rate tenants for all five units.
Unlike traditional apartments, these units feature no common walls and private entrances, offering a single-family residential feel that commands premium rents and reduces tenant turnover.
The street-to-alley access and existing garage structures provide a significant opportunity for ADU conversions or additions, allowing for increased density and enhanced long-term appreciation.
Built in 1944, the property may require higher long-term maintenance budgets for aging systems such as plumbing and electrical compared to modern multi-family builds.
With only four garages serving five units, there is an inherent parking shortage that could be further strained if the garages are converted into ADUs as suggested.
Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. Delivered VACANT and ready for full-market rents, this property offers instant cash flow and long-term upside. Each residence lives like its own private home — no common walls, no shared driveways, true street-to-alley access. Two units have backdoors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath, kitchen with stove and refrigerator, and dedicated water heater 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (BTV) to maximize rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Old Hollywood charm with timeless elegance. Private. Boutique layouts. High-demand location. Modern cash flow. Immediate upside.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.1 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 | 3,648 | 4,909 | 25% |
| Lot Size | 6,302 | 7,385 | 25% |
| Price | $1.75M | $1.45M | 75% |
| Price per sq ft | $480 | $273 | 75% |
| Built year | 1944 | 1959 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 216 | 25% |
Mar 24, 2026
$1,750,000
Initial Listing