2363 Torrance Blvd - Apartments FOR SALE


Torrance, CA 90501- Olde Torrance Neighborhood
$1,700,000 USD
310-880-1151
2363 Torrance Blvd, Torrance, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/46
null | 6.76% Cap Rate

2363 Torrance Blvd
Torrance, CA 90501
Olde Torrance Neighborhood


HIGHLIGHTS

  • 100% VACANT - ALL UNITS CAN BE RENTED AT MARKET RATE RENTS!
  • PLUS POTENTIAL FOR 2 ADU'S BUYER TO VERIFY
  • Lots of character with original hardwood oak floors and kitchen/bathroom tile in great condition!
  • Old Torrance Location with Top rated schools, including Torrance High School
  • Easy access to major employers such as Honda HQ, Chevron, Harbor-UCLA Medical Center, and Little Company, easy freeway access to 110 and 405
  • Short drive to Redondo Beach

OVERVIEW

100 % VACANT 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. 100% 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 (Buyer to Verify) to increase potential 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.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

5

PRICE/UNIT

$340,000

CAP RATE

6.76%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,482 SF

ZONING

TOCC-GEN

APN/PARCEL ID

7354-013-010

ASK ABOUT THIS PROPERTY

Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

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Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

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