This is a multifamily property consist of 18 units, centrally located in a prime area near Torrance City Hall, Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, with surrounding streets lined with well-maintained family residences and multifamily properties, adding to the overall appeal and long-term investment stability of the area. The property features carport parking and a large parking area, providing convenience for residents. There is a tremendous value-add opportunity for investors to renovate the units and bring rental rates to market levels, creating the potential to accelerate appreciation and increase cash flow in this high-demand location.A strategic opportunity for portfolio growth through a value-add multifamily asset. The unit mix consists of 5 studios, 12 one-bedroom units, and 1 two-bedroom unit. In addition, the building features leased laundry machines conveniently located on the first floor, offering residents easy access to laundry facilities while providing supplemental income to ownership and contributing to increased net operating income (NOI). By upgrading and renting the units at market rates, along with implementing operational improvements like laundry income, investors will improve the property’s NOI, resulting in a higher capitalization rate (cap rate) and increased property valuation over time.
Property Details
Price:
$4,400,000
MLS #:
SB25162583
Status:
Pending
Baths:
0
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
131westtorrance
Listed Date:
Jul 18, 2025
Lot Size:
17,436 sqft / 0.40 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Laundry Features
Common Area
Exterior
Community
55+
Community Features
Sidewalks
Parking Spots
18.00
Financial
Map
Community
- Address3536 Garnet Street Torrance CA
- Neighborhood131 – West Torrance
- CityTorrance
- CountyLos Angeles
- Zip Code90503
Subdivisions in Torrance
Market Summary
Current real estate data for Residential Income in Torrance as of Oct 21, 2025
28
Residential Income Listed
224
Avg DOM
$2,295,857
Avg List Price
Property Summary
- 3536 Garnet Street Torrance CA is a Residential Income for sale in Torrance, CA, 90503. It is listed for $4,400,000
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