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1525 Marcelina Avenue, Torrance
$2,999,999
7 Beds ⋅ 8 Baths ⋅ 26102594 MLS ⋅ Active Status
1525 Marcelina Avenue | Offering includes 1523, 1525 and 1527 Marcelina Avenue Three separate buildings, six residences and a central courtyard give this Old Torrance property a distinctive layout. Approximately 4,868 square feet of building area sits on a 12,504-square-foot lot, with six individual single-car garages accessed from the rear alley. The courtyard connects the residences and creates a shared outdoor gathering space, while the separate buildings give the property a neighborhood feel. Old Torrance's cafes, independent shops and local dining add to the setting. Zoned for a seventh unit, the property offers an opportunity to explore conversion of existing garage space. Buyer to verify plans, permits and development requirements. Offered together at $2,999,999.

1525 Marcelina Avenue, Torrance
1554 W Carson Street, Torrance
$2,075,000
15 Beds ⋅ 11 Baths ⋅ 26998153 MLS ⋅ Active Status
Lyon Stahl Investment Real Estate is pleased to present 1554 W Carson Street, an 11-unit value-add multifamily investment located in the Torrance PO section of the city of Los Angeles. The property is conveniently located near Harbor-UCLA Medical Center, one of the South Bay's major medical and employment centers, providing access to a significant base of healthcare professionals, staff, patients, and visitors. The property is not subject to the Los Angeles Rent Stabilization Ordinance (LA RSO). It is being offered individually or together with the adjacent apartment buildings at 1562 and 1568 W Carson Street, creating the opportunity to acquire a contiguous 41-unit portfolio. The property contains 6,999 square feet of building area on an 11,108-square-foot lot. The unit mix consists of eight one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and one three bedroom/two-bathroom unit. The property provides 20 parking spaces, an attractive ratio of approximately 1.8 spaces per unit, and recently received a new roof. Offered at $2,075,000, the property is priced at $188,636 per unit and $296 per square foot. Current scheduled rent totals $15,808 per month, producing an estimated 5.6% current cap rate and 10.9 GRM. Current rents average $1,437 per unit, compared with modeled market rents averaging $2,081 per unit. An alternative underwriting scenario assumes 8.7% rent increases for eligible tenants, increasing potential scheduled rent to $17,031 per month and the estimated cap rate to 6.2%. These increases have not been served and are presented as a pro forma scenario rather than current income. Even after the modeled increases, the property retains approximately 34% additional rental upside. The offering gives investors several potential strategies: continue operating the property as a well-located apartment asset near Harbor-UCLA Medical Center, pursue income growth over time, acquire it with one or both neighboring properties, or evaluate the longer-term redevelopment potential associated with the site's C2 zoning and proximity to qualifying transit.1554 W Carson Street may be purchased separately or as part of the three-property offering totaling 41 units at 1554-1568 W Carson Street. DEVELOPMENT OPPORTUNITY - The subject properties comprise 33,240 SF (180' x 185.07') zoned C2-1, with a General Plan land use designation of Neighborhood Office Commercial. The property qualifies for several state and local density-bonus programs that materially increase its development potential above base zoning. A feasibility study has indicated the potential to develop 135 mixed income units. Contact LA1 for Offering Memorandum.

1554 W Carson Street, Torrance
1568 W Carson Street, Torrance
$3,400,000
23 Beds ⋅ 23 Baths ⋅ 26998177 MLS ⋅ Active Status
Lyon Stahl Investment Real Estate is pleased to present 1568 W Carson Street, a 19-unit multifamily property offering immediate income, substantial rental upside, and the opportunity to participate in a larger three-property assemblage. The property is conveniently located near Harbor-UCLA Medical Center, one of the South Bay's major medical and employment centers, providing access to a significant base of healthcare professionals, staff, patients, and visitors. The property is not subject to the Los Angeles Rent Stabilization Ordinance (LA RSO). It is being offered individually or together with the adjacent apartment buildings at 1554 and 1562 W Carson Street, creating the opportunity to acquire a contiguous 41-unit portfolio. Constructed in 1986, 1568 W Carson Street is the largest and newest of the three properties. It contains 13,716 square feet of building area on an 11,021-square-foot lot. The unit mix consists of 15 one-bedroom/one bathroom units and four two-bedroom/two-bathroom units. The property provides 29parking spaces and generates additional income from an on-site laundry facility. Offered at $3,400,000, the property is priced at $178,947 per unit and $248 per square foot. After correcting Unit 4 to $1,850 per month, current scheduled apartment rent totals $26,421 per month. The property produces an estimated 5.3% current cap rate and 10.6 GRM, including laundry income. Current apartment rents average $1,391 per unit, compared with modeled market rents averaging $2,034 per unit. The rent roll includes a two-bedroom manager unit at a substantially discounted rent, creating another source of long-term income potential. An alternative underwriting scenario assumes allowable increases of up to 8.7% for eligible tenants, subject to the modeled market-rent ceilings. Under this scenario, potential scheduled apartment rent increases to $28,462 per month and the estimated cap rate improves to 6.0%. These increases have not been served and should not be treated as current income. Approximately 36% additional rental upside remains after the modeled increases. With a strong unit mix, ample parking, laundry income, a 1986 construction date, and meaningful rent-growth potential, 1568 W Carson Street offers compelling standalone economics. Its location beside 1554 and 1562 W Carson Street also gives a buyer the ability to control the entire contiguous 41-unit offering. DEVELOPMENT OPPORTUNITY - The subject properties comprise 33,240 SF (180' x 185.07') zoned C2-1, with a General Plan land use designation of Neighborhood Office Commercial. The property qualifies for several state and local density-bonus programs that materially increase its development potential above base zoning. A feasibility study has indicated the potential to develop 135 mixed income units. Contact LA1 for Offering Memorandum.

1568 W Carson Street, Torrance
1351 W 227th Street, Torrance
$4,100,000
36 Beds ⋅ 20 Baths ⋅ 26940023 MLS ⋅ Active Status
SELLER FINANCING AVAILABLE !! Situated on an expansive 20,853 square foot lot, this well-maintained multifamily property consists of 20residential units totaling approximately 14,404 square feet of rentable building area. Originally constructedin 1963, the asset offers a desirable unit mix of four one-bedroom units, fourteen two-bedroom units, andtwo spacious two-bedroom-plus-den units, providing broad appeal to a diverse tenant base. 31%+ upside.

1351 W 227th Street, Torrance
1627 W 206th Street, Torrance
$2,495,000
16 Beds ⋅ 12 Baths ⋅ 26842409 MLS ⋅ Active Status
Bella Vista is a 12-unit apartment property located in the Torrance P.O. neighborhood of Los Angeles. The property consists of two 6-unit buildings with a rentable square footage of 7,756 square feet and is situated on two parcels totaling 14,007 square feet. Built in 1964, the property is subject to the City of Los Angeles Rent Control Ordinance.The subject property consists of 8 one-bedroom / one-bath units, and 4 two-bedroom / one-bath units. Parking consists of a total of 12 uncovered spaces located at the rear of the property. The building is separately metered for electricity and gas. Ownership has recently upgraded the elevated walkways, painted the building, and added a high-end camera system for tenant safety.

1627 W 206th Street, Torrance
1570 W 207th Street, Torrance
$1,650,000
8 Beds ⋅ 8 Baths ⋅ 26829629 MLS ⋅ Active Status
Gated building and not subject to LAHD Rent Control. Well-located 4-unit income property at the gateway to Torrance, featuring a desirable unit mix of four 2-bedroom, 2-bath units totaling approximately 3,479 sq ft on a ~6,000 sq ft lot. The property is fully occupied with long-term tenants and currently generates approximately $9,045 per month in gross rental income, offering stable in-place cash flow. Each unit includes a functional layout with kitchen, living area, and dining space. The property is separately metered for gas and electricity, while a central water heater services the building. Tenants pay for their own trash, contributing to efficient operating expenses. Coin laundry in the building for tenants only. The rear portion of the lot is paved, providing ample on-site parking. Conveniently located near major freeways including the 405 and 110, and close to local amenities. Please do not disturb tenants. Please submit offers subject to interior inspection.

1570 W 207th Street, Torrance

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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