$1,100,000

1546 W 223rd Street, Torrance, CA 90501

  • 4 beds |
  • 2 baths |
  • 1,360 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon6,682sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $809/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are pleased to present 1546 W 223rd Street, a rare South Bay opportunity located in the heart of Torrance. Positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 Freeways, the property offers excellent connectivity to major job centers, beaches, and lifestyle amenities across Los Angeles County. Situated on a 6,680 square foot parcel, 1546 W 223rd Street provides investors and owner-users alike with immediate functionality and future upside. The property includes a mix of (2) 2 Bedroom/1 Bath units. Buyers may explore SB-9 eligibility for a potential lot split (Buyer to Verify) and the ability to add detached Accessory Dwelling Units (ADUs) (Buyer to Verify), creating long-term flexibility and additional income opportunities. The property is also available alongside 1542 W 223rdStreet, allowing the rare chance to acquire two side-by-side parcels in Torrance for scale, future optionality, and value creation. Torrance continues to rank among the strongest rental and ownership markets in Southern California. The city features a majority renter population with a median household income exceeding $100,000, supporting stable rental demand and long-term performance. Proximity to California State University Dominguez Hills, El Camino College, and Los Angeles Harbor College further reinforces consistent tenant demand from students, faculty, and staff. Beyond its immediate strengths, Torrance stands to benefit from long-term growth tied to steady job creation, population expansion, and infrastructure improvements ahead of the 2028 Los Angeles Olympics. This global event is expected to increase visibility and investment across the South Bay, further bolstering rental demand and property values. 1546 W 223rd Street represents a versatile investment with multiple strategies: occupy the property as an owner-user, lease for consistent income, or combine with the adjacent parcel to unlock a larger footprint. In one of the South Bay's most supply-constrained and desirable locations, this property offers both stability today and upside for tomorrow.

Listing Status:
Active
Date Added:
September 18, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 310-909-5500
Listing Agent:
Oscar Diaz : 213-943-1884
MLS ID:
25594175
  • Parking: Parking spaces: 2
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR17347002007
  • Source: CRMLS_CL

This listing courtesy of Oscar Diaz, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Meyler Street Elementary

1123 W 223rd St, Torrance, CA, 90502

Grades KG-5

0.57 miles away

W

White Middle School

22102 Figueroa St, Carson, CA, 90745

Grades 6-8

1.15 miles away

H

Humanities & Arts (HArts) Academy of Los Angeles

24300 Western Ave, Harbor City, CA, 90710

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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