Properties
Torrance, CA 90501 1601 Torrance
$1,450,000
Pending
18 more
Presented By: Jim Porter with Porter Heritage; 310-408-8129
Baths • 2
SQFT • 5,356
Garage • 4
Home Details
Prime 4-Plex Investment in Torrance!
Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway).
Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units.
This is a great opportunity for both investors and owner-occupants—live in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81.
Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.
Presented By: Jim Porter with Porter Heritage; 310-408-8129
Interior Features for 1601 Torrance
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile, Vinyl
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Walk-In Closet(s)
Laundry FeaturesWasher Hookup, Gas Dryer Hookup, Laundry Room
Total Stories2
Window FeaturesScreens
Other Rooms
Entry Level1
General for 1601 Torrance
Additional Parcels Y/NNo
AppliancesGas Range
Building Area UnitsSquare Feet
Cap Rate4.37
CityTorrance
Community FeaturesCurbs, Street Lights
Construction MaterialsConcrete, Stucco, Copper Plumbing
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsWestern Avenue, east on Torrance Blvd
ElectricStandard
Entry Location1
Facing DirectionSouth
Garage Spaces4
Garage Y/NYes
Gross Income111955
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense4571
Land Lease Y/NNo
Listing TermsCash to New Loan
Lot Size Square Feet7514
Lot Size UnitsSquare Feet
MLS Area122 - Harbor Gateway
Net Operating Income63353
New ConstructionNo
Number Of Units Total4
Operating Expense48602
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityTORRANCE
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofAsphalt, Composition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot15
Tenant PaysElectricity, Gas
Trash Expense5150
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected
ViewNeighborhood
Water Sewer Expense5225
Year Built1963
Year Built SourceAssessor
Exterior for 1601 Torrance
Building Area Total5356
FencingBlock, Wood
Foundation DetailsSlab
Lot Features0-1 Unit/Acre, Near Public Transit, Rectangular Lot
Lot Size Acres0.1725
Lot Size Area7514
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned, Driveway, Garage
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
