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2720 Gramercy Avenue Unit 5, Torrance
$699,000
2 Beds ⋅ 3 Baths ⋅ PV26126853 MLS ⋅ Active Status
PRIVATE 2-CAR GARAGE • INTERIOR LAUNDRY • GAS RANGE • FHA APPROVED! These are just a few of the features that make this beautifully remodeled townhome a rare find in the heart of Torrance. Nestled in an intimate community of only 18 homes, this move-in ready residence offers 2 spacious ensuite bedrooms, 3 bathrooms, and the comfort, privacy, and convenience today's buyers are looking for. Extensively remodeled in 2025, the home features fresh designer paint in soothing neutral tones, new carpet, updated bathroom hardware, stylish ceiling fans with integrated lighting, and an inviting, light-filled interior. Mature trees outside create a peaceful setting while welcoming refreshing coastal breezes throughout the home. The spacious primary suite includes a charming alcove—perfect for a home office, reading nook, yoga space, or quiet retreat. A convenient guest bath is located on the main level. The private two-car garage with additional storage, interior laundry, and gas range are amenities rarely found together and offer everyday convenience that truly sets this home apart. Residents enjoy a sparkling pool and spa, mature landscaping, and a welcoming community with many long-term homeowners. Ideally located adjacent to a neighborhood park and just minutes from historic Old Torrance, the popular Farmers Market, restaurants, shopping, and entertainment. Outstanding Added Value! The HOA has retained professional management and is actively completing significant community improvements, including exterior stucco repairs, fascia replacement, landscaping enhancements, tree trimming, patio improvements, and pool upgrades. The seller has paid the special assessment in full, allowing the next owner to enjoy the benefits of these community improvements without that additional cost. This is a wonderful opportunity to own a beautifully updated home in an established neighborhood where the community is being thoughtfully revitalized. ***Note: SPACE IS VIRTUALLY STAGED

2720 Gramercy Avenue Unit 5, Torrance
1541 W 224th Street, Torrance
$899,888
6 Beds ⋅ 3 Baths ⋅ PW26112719 MLS ⋅ Active Status
PACKAGE SALE — Both properties must close concurrently. 1541 W 224th St, (MLS# PW26112719) must be purchased together with 1535 W 224th St (MLS# PW26112707). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range from $2,300 to $2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades, including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.

1541 W 224th Street, Torrance
22330 Meyler Street Unit 3, Torrance
$925,000
4 Beds ⋅ 3 Baths ⋅ SB26043828 MLS ⋅ Active Status
Motivated seller wants this 4 beds in Torrance PO to be sold. Detached property over 2200sqft of 4 beds, 2.5baths, with its own enclosed backyard waiting for next owner. Wood flooring, newer windows, updated kitchen cabinets, counters, and bathrooms. Primary suite with two walk-in closet, dual sinks, bathtub, separate shower with high ceiling. Three other bedrooms are good size and bright. Couple skylights to provide natural lights. AC working during these hot weather.

22330 Meyler Street Unit 3, Torrance
1010 W 223rd Street Unit 3, Torrance
$969,990
3 Beds ⋅ 3 Baths ⋅ PW25281393 MLS ⋅ Active Status
NEW CONSTRUCTION 3 bed, 2.5 bath, three-story townhome with sky deck at the GATED community, "Welkin 223". Gourmet kitchen with energy-efficient stainless steel electric range with hood + dishwasher, and designer cabinets. Upgraded laminate flooring throughout the home. Large primary suite with walk-in closet, balcony, and ensuite bathroom featuring an oversized glass shower and stand-alone tub. Welkin 223 is conveniently located near the 110 and 405 Freeways, providing quick access to neighboring cities, major employment centers, the beach, and beyond. The home is currently under construction and is expected to be complete in May 2026. Photos are of the model home, not that actual home being sold.

1010 W 223rd Street Unit 3, Torrance
26114 Delos Drive, Torrance
$1,599,000
4 Beds ⋅ 3 Baths ⋅ PV25234069 MLS ⋅ Active Status
Beautiful and stunning, picturesque Victoria Knolls Hillside family home on a large lot with no rear neighbors. This updated, light and bright almost 2,000 square feet of living area, 4 bedroom, 3 bath home features hardwood floors, updated kitchen and baths, a large separate upstairs primary suite, updated windows and doors, a huge backyard and patio and mature landscape. Close to schools, shopping and trails. Don’t miss out on this fabulous opportunity.

26114 Delos Drive, 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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