23805 Arlington Ave - Apartments FOR SALE


Torrance, CA 90501- Southeast Torrance
$15,995,000 USD
424-239-5903
23805 Arlington Ave, Torrance, CA for Sale
$15,995,000 USD
Apartments - FOR SALE
1/19
null | 5.09% Cap Rate

23805 Arlington Ave
Torrance, CA 90501
Southeast Torrance


HIGHLIGHTS

  • 33 of 36 units fully renovated – turnkey and zero CapEx required
  • Over $2 Million invested in the property in the last 24 months
  • $100/unit below market – 5-10% rent upside without additional investment
  • Upgraded units feature: quartz counters, stainless steel appliances, and vinyl plank flooring
  • Prime Torrance location on Arlington Corridor near emerging Lomita downtown
  • One-mile to Palos Verdes, three miles to Old Town Torrance, and five miles to the beach

OVERVIEW

Arlington Square Apartments represents a rare opportunity to acquire a completely turnkey, 36-unit apartment community in one of Southern California’s most desirable coastal markets. Located in the heart of Southeast Torrance along the thriving Arlington Avenue corridor, this property delivers immediate cash flow with clear, built-in upside—no additional capital required. The value-add work is complete. With comprehensive renovations finished throughout 33 of 36 units—including modern kitchens with quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and contemporary fixtures—the property is 100% stabilized with zero deferred maintenance. The immediate value creation requires zero capital input. NOI can be increased by 5–10% in Year 1 through simple lease rollovers to market rates. Furthermore, three unrenovated units remain, offering an opportunity for high ROI.

FOR SALE DETAILS

PRICE

$15,995,000 USD

PRICE/SF

$596 USD /SF

# OF UNITS

36

PRICE/UNIT

$444,306

CAP RATE

5.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

TORR-OF

APN/PARCEL ID

7371-027-027

ASK ABOUT THIS PROPERTY

Steffan BraunlichBerkadiaMore Info
424-239-5903

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Steffan BraunlichBerkadiaMore Info
424-239-5903

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