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$1,899,000
SB26149936 MLS Active Under Contract Status
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often.

23209 Arlington Avenue, Torrance

$1,750,000
SB26104018 MLS Active Status
This is a great opportunity for investors: Quadruplex with 4 units, 1555, 1555 1/2, 1557, 1557 1/2 W. 204th street. All 3-bedroom units total building size approximately 3,754 sqft. Front unit recently vacated and currently being updated with new laminate flooring and fresh paint, front unit is approximately 1,100 sqft and will be ready to rent soon after cleaning is completed. All stable tenant occupancy in the remaining units Originally built in 1944 as a duplex, with a second story later added per previous ownership, plumbing, electrical, and windows were upgraded during the addition in 2009. The building located in the Torrance rent control area (Los Angeles strip). Separated metered gas and electric for all units. Each unit has two (tandem) assigned parking spaces in the rear building.

1555 W 204th, Torrance

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.