Walteria (125) Homes with Apartment Subtype

Welcome to Walteria, a charming neighborhood nestled within the vibrant city of Torrance, California. Known for its picturesque streets and welcoming community, Walteria offers a unique blend of suburban tranquility and urban convenience. With its prime location in Los Angeles County, residents enjoy easy access to the stunning beaches of the Pacific Ocean, lush parks, and a variety of shopping and dining options.

Walteria is characterized by its diverse architectural styles, including an array of homes with apartment subtypes. These residences cater to a variety of lifestyles, whether you’re seeking a cozy studio for a first-time buyer or a spacious multi-bedroom apartment for a growing family. Many of these homes boast modern amenities, open floor plans, and private outdoor spaces, perfect for enjoying the California sunshine.

Living in Walteria means embracing a strong sense of community. The neighborhood is home to excellent schools, family-friendly parks, and a rich tapestry of cultural experiences. Residents can partake in local events, farmers' markets, and nearby festivals that celebrate the area's vibrant spirit.

With its blend of comfort, convenience, and community, Walteria is an ideal place to call home. Whether you’re looking to invest in a charming apartment or seeking a spacious family dwelling, this delightful neighborhood in Torrance is ready to welcome you with open arms. Explore the possibilities in Walteria today, and discover the perfect home that fits your lifestyle!

Newest Walteria (125) Homes with Apartment Subtype

$14,950,000

OC26180225 MLS ⋅ Active Status

The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.

3929 W 242nd Street, Torrance

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