1542 W 223rd ST
Torrance, CA, 90501
$1,200,000
4 Beds
2 Baths
1,556 SqFt
0.15 Acres
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MLS #25594163 image #0
We are pleased to present 1542 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 6,681 square foot parcel, 1542 W 223rd Street provides investors and owner-users alike with immediate functionality and future upside. The property includes a mix of (1) non-conforming studio, (1) 1 Bedroom/1 Bath, and (1) 2 Bedroom/1 Bath. 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 1546 W 223rd Street, 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. 1542 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.

Property Details

Price:
$1,200,000
MLS #:
25594163
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
122harborgateway
Listed Date:
Sep 18, 2025
Finished Sq Ft:
1,556
Total Sq Ft:
1,556
Lot Size:
6,681 sqft / 0.15 acres (approx)
Year Built:
1920
122 – Harbor Gateway122harborgateway

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Schools

Interior

Levels
A

Exterior

Parking Spots
2
Parking Total
2

Financial

Gross Operating Income
$75,690
Net Operating Income
$53,065

Map

Community

Market Summary

Current real estate data for Single Family in Torrance as of Mar 28, 2026
271
Single Family Listed
70
Avg DOM
469
Avg $ / SqFt
$960,699
Avg List Price

Property Summary

    1542 W 223rd ST Torrance CA is a Single Family for sale in Torrance, CA, 90501. It is listed for $1,200,000 and features 4 beds, 2 baths, and has approximately 1,556 square feet of living space, and was originally constructed in 1920. The current price per square foot is $771. The average price per square foot for Single Family listings in Torrance is $469. The average listing price for Single Family in Torrance is $960,699.

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1542 W 223rd ST
Torrance, CA