
Torrance, California 90504
Analysis of 3932 W 178th Street, Torrance, California 90504 is currently available with a list price of $1,620,000. 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 1964, this quadruplex is a mix of updated and dated spaces. While the front unit and unit #4 received kitchen and bath remodels 'a few years ago,' units #2 and #3 are explicitly noted as needing repairs and updating. The presence of deferred maintenance and window AC units indicates the property requires functional and aesthetic attention, fitting the 'Fair' criteria for properties over 20 years old needing minor repairs.
The property presents a major value-add opportunity with current rents substantially below market rates and no local rent control in Torrance, allowing for significant income growth.
Comprised entirely of large three-bedroom units, including a front house that lives like a single-family residence, the property is perfectly positioned to attract long-term family tenants.
Ideally situated near the 405 Freeway, El Camino College, and highly-rated schools like Edison Elementary and North High, ensuring strong tenant demand and long-term appreciation.
Units #2 and #3 are in need of repairs and updating, requiring immediate capital improvement and 'sweat equity' to reach the property's full market potential.
As all units are currently occupied by long-term tenants at below-market rents, the process of stabilizing the asset to pro-forma levels may involve complex management and turnover costs.
Attention investors seeking a tremendous value-add opportunity in a Prime Northwest Torrance location! This Trust Sale 4-Unit Rental property is priced to sell quickly. All (4) units are currently occupied by long-term tenants. Actual rents are substantially below current market rents. Pro-forma rents as indicated are based on (actual) current rents at neighboring (comparable) units up and down this street. The front unit lives like a single-family residence; it is a one story 3bd/2bath home with a front yard; it was updated with remodeled kitchen, bath, and laminate and tile flooring a few years ago. Units #2 & #3 are both Townhome style, 2-story units, each with 3bd/2baths in need of some repairs/updating. Unit #4 is a 3bd/1ba single story unit upstairs, above the garages; this unit features an updated kitchen and bath that was done a few years back. Realize some tremendous upside valuation with some sweat equity by completing deferred maintenance repairs and remodeling/updating the property inside & out while bringing the rents up to market rents over time. The City of Torrance has no local rent control. Prime location, centrally located within easy access to/from the 405 Fwy, near shopping and entertainment, minutes to El Camino College, and just a few miles to all local beaches!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 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 | 4,391 | 3,340.5 | 50% |
| Lot Size | 6,054 | 5,810.5 | 50% |
| Price | $1.62M | $1.45M | 50% |
| Price per sq ft | $369 | $464 | 50% |
| Built year | 1964 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 44 | 50% |
Apr 6, 2026
$1,620,000
Initial Listing