The median home value in Torrance, CA is $982,500.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Torrance, CA is $982,500.
Approximately 54% of Torrance homes are owned,
compared to 41% rented, while
5% are vacant.
Torrance real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Torrance real estate agent to arrange a tour today! Learn more about Torrance.
775 Portola Ave is an amazing opportunity to own six units offered at only $282k/unit. The subject property has over 50% upside in rental income. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath - each unit features 2 parking space (1 garage and 1 tandem), as well as washer/dyer hookups. Once fully rented for market and ADU is constructed ($300k), the property will operate at a 8.61% CAP and 7.64 GRM. This investment is located near Old Torrance- one of the more desirable pockets in Torrance. There are many shops and restaurants close by, as well as Del Amo Shopping Center. One of the highlights of Torrance is its excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children.
Hand wash car wash has been in Torrance since 1957 walking distance to down town. Property consists of 2 separator APN's totaling 14,131, great redevelopment area also, and long time employees. City is open to various opportunities . Call for details.
Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking
Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and
1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stab
Remodeled Pre-School Property in Old Torrance. Front building is 1452 sqft. It consists of two large classrooms, reception room, office, three storage closets, one adult or teachers bathroom and two childrens bathrooms. Rear building is approximately 461 sqft and is being used as a recreation room. Children's play yard and large grass area. Driveway on south side of property has parking for three cars on the side of the front building. There is a approximately 50 foot long Loading Zone in front of this property. Currently zoned for a pre school with up to forty children. Diagrams of the floor plan for both buildings are in the supplements. Remodeling done in 2016. Very nice area in Torrance that is convieniently located. The current tenant owns the Montessory School and it is NOT included in the price because there is no interest in selling. Any sale is subject to long term lease currently on property.
Finally available for sale after 20+ years. Great opportunity for redevelopment or owner use. Located on a very busy corner of Crenshaw & 238th, this well maintained property has excellent exposure for retails, fast foods, restaurants or multi-units offices. There is a built-in sign setup for multi-units. This property is currently configured as a beauty salon, but could be easily converted to any usage. Plenty of parking and a ramp access. Perfect location for retail, office or fast-food. Don't miss out on this opportunity.