Residential Income in Torrance

$1,899,000

23209 Arlington, 90501, Torrance, CA

UNDER OFFER

Residential Income for sale in Torrance, 23209 Arlington, 90501

23209 Arlington, 90501, Torrance, CA

$1,899,000

Type: Residential Income

Description

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.

Location

23209 Arlington, 90501, Torrance, CA

Data

Object TypeResidential Income
Purchase Price$1,899,000
Living Space0 m²
Plot Size586.5 m²
BathroomsN/A
Construction Year1964
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeWall Furnace
Primary Energy SourceN/A
Construction Year1964
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent