Prime 11-Unit Investment Opportunity in West Torrance
Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal.
The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses.
Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability.
From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity.
Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location.
This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.
Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal.
The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses.
Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability.
From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity.
Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location.
This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.
Property Details
Price:
$3,700,000
MLS #:
SB26098719
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
131westtorrance
Listed Date:
May 6, 2026
Total Sq Ft:
7,820
Lot Size:
14,117 sqft / 0.32 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Appliances
GO, GS
Cooling
NO
Flooring
VINY
Heating
WL
Interior Features
ST
Laundry Features
CM
Levels
U
Exterior
Accessibility Features
NIS
Common Walls
_1CW
Community Features
SDW, SL, CRB
Garage Spaces
11
Parking Spots
11
Parking Total
11
Spa Features
NO
View
NO
Financial
Maintenance Fee
$1,200
Tax Year
2025
Taxes
$6,952
Map
Community
- Address5326 Lorna ST Torrance CA
- CityTorrance
- CountyLos Angeles
- Zip Code90503
Market Summary
Current real estate data for Single Family in Torrance as of Jun 04, 2026
289
Single Family Listed
56
Avg DOM
441
Avg $ / SqFt
$973,497
Avg List Price
Property Summary
- 5326 Lorna ST Torrance CA is a Single Family for sale in Torrance, CA, 90503. It is listed for $3,700,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Single Family listings in Torrance is $441. The average listing price for Single Family in Torrance is $973,497.
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