1536-1540 W 226th St - Apartments FOR SALE


Torrance, CA 90501- Harbor
$3,950,000 USD
714-608-3255
1536-1540 W 226th St, Torrance, CA for Sale
$3,950,000 USD
Apartments - FOR SALE
1/18
null | 5.68% Cap Rate

1536-1540 W 226th St
Torrance, CA 90501
Harbor


HIGHLIGHTS

  • Prime Location in Torrance Rental Market
  • 5.68% CAP Rate (Current) / 8.70% CAP Rate (Pro Forma)
  • Attractive Unit Mix: (4) Newly Built Three-Bedroom ADUs + (10) Single-Story One-Bedroom Units
  • 2025 Construction ADUs with Modern Premium Finishes Throughout / Separately Metered for Gas & Electricity
  • 32% Upside in Rents / Low-Expense Asset with Stable Cash Flow
  • Close Proximity to Major Freeways, Schools, Shopping, & Employment Centers

OVERVIEW

Marcus & Millichap is pleased to present the 226th Street Apartments, a 14-unit property located in the highly desirable rental market of Torrance, California. This property features (10) single-story units and (4) newly constructed Accessory Dwelling Units (ADUs) completed in 2025. The asset spans two contiguous lots totaling approximately 14,398 square feet. The unit mix includes (4) three-bedroom/ two-bathroom ADUs and (10) one-bedroom/ one-bathroom units. The ADUs are highly upgraded, featuring modern kitchens and bathrooms, quartz countertops, recessed lighting, individual water heaters, A/C, and contemporary appliances. Tenants enjoy easy access to freeways, schools, retail, employment hubs, and entertainment. Torrance remains a high-demand rental market, characterized by strong occupancy, steady rent growth, and consistent tenant demand, making it one of the most resilient submarkets within the South Bay region of Greater Los Angeles.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$745 USD /SF

# OF UNITS

14

PRICE/UNIT

$282,143

CAP RATE

5.68%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,398 SF

ZONING

LA RD1.5

APN/PARCEL ID

7347-011-019,7347-011-020

ASK ABOUT THIS PROPERTY

Greg BassirpouMarcus & MillichapMore Info
714-608-3255

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Greg BassirpouMarcus & MillichapMore Info
714-608-3255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.