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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,899,000

Est. payment - /mo

6,311 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26149936

HOA Y/N No

Year Built 1964

Lot Size 6,311 Sqft

Property Sub-Type Quadruplex

Property 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

State CA

County Los Angeles

Area 135 - South East Torrance - East

Zoning TORR-OF

Interior

Interior Features Ceiling Fan(s), Granite Counters, Walk-In Closet(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer

Laundry Inside, In Kitchen

Exterior

Parking Features Assigned, Door-Single, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Sidewalks

Amenities Available Maintenance Front Yard, Trash, Water

View Y/N Yes

View Neighborhood

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Garden, Lawn, Landscaped, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

HOA Fee Include Sewer

Senior Community No

Tax ID 7370022077

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Edward Kaminsky eXp Realty of California, Inc 310-427-2414, DRE #00958114

NEARBY SCHOOL & BUSINESS

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23209 Arlington AVE Torrance, CA 90501