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Investment Highlights

  • 100% VACANT - ALL UNITS CAN BE RENTED AT MARKET RATE RENTS!
  • Lots of character with original hardwood oak floors and kitchen/bathroom tile in great condition!
  • Easy access to major employers such as Honda HQ, Chevron, Harbor-UCLA Medical Center, and Little Company, easy freeway access to 110 and 405
  • PLUS POTENTIAL FOR 2 ADU'S BUYER TO VERIFY
  • Old Torrance Location with Top rated schools, including Torrance High School
  • Short drive to Redondo Beach

Executive Summary

100 % VACANT Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. 100% VACANT and ready for full-market rents, this property offers instant cash flow and long-term upside. Each residence lives like its own private home — no common walls, no shared driveways, true street-to-alley access. Two units have backdoors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath, kitchen with stove and refrigerator, and dedicated water heater 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (Buyer to Verify) to increase potential rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Old Hollywood charm with timeless elegance. Private. Boutique layouts. High-demand location.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,700,000
Price Per Unit $340,000
Sale Type Investment
Cap Rate 6.76%
Gross Rent Multiplier 10.96
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,648 SF
Average Occupancy 0%
No. Stories 2
Year Built 1944
Parking Ratio 1.1/1,000 SF
Zoning TOCC-GEN - General Commercial Zone

Amenities

Unit Amenities

  • Hardwood Floors
  • Built-In Bookshelves
  • Dining Room
  • Double Pane Windows

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,350 660
2+1 1 $2,950 1,000
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
7354-013-010
Land Assessment
$268,742 (2025)
Improvements Assessment
$167,955 (2025)
Total Assessment
$436,697 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 36339987

  • Date on Market: 6/21/2025

  • Last Updated:

  • Address: 2363 Torrance Blvd, Torrance, CA 90501

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