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Investment Highlights

  • Spacious Low-Density 2-Unit Property in Desirable Torrance Location
  • Both Units Feature Direct-Access 2-Car Garages
  • Newer Roof, Windows, and Sliding Doors
  • Large Townhouse-Style Floorplans (Approx. ±1,350 SF & ±1,890 SF)
  • One Unit Fully Remodeled in 2016
  • Residential Feel with Functional Multi-Level Layouts

Executive Summary

Morgan Skenderian, Inc. is pleased to present 2863 W. Carson Street, a well-maintained two-unit property located in the highly desirable South Bay city of Torrance. Offering a unique low-density configuration with spacious townhouse-style units, the property provides an attractive alternative to traditional multifamily assets, appealing to tenants seeking larger living spaces and a more residential environment.
The property consists of two large two-bedroom units, including a ±1,350 square foot 2BR/1.5BA townhouse-style unit (2863) and a ±1,890 square foot 2BR/2BA townhouse unit (2867), both offering functional layouts and generous living space. 2863 was fully remodeled in 2016, featuring updated finishes and modern improvements, while the overall property has been well maintained, including the installation of a new roof in 2011, and new dual pane windows and sliding doors in 2018.
With its sizable unit mix, desirable South Bay location, and strong underlying rental demand for larger floorplans, 2863 W. Carson Street presents a compelling opportunity for investors seeking stable income with long-term upside potential in a high-demand rental market.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $71,820 $22.16
Other Income - -
Vacancy Loss $2,154 $0.66
Effective Gross Income $69,666 $21.50
Taxes $19,167 $5.91
Operating Expenses $8,323 $2.57
Total Expenses $27,490 $8.48
Net Operating Income $42,176 $13.01

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $71,820
Annual Per SF $22.16
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $2,154
Annual Per SF $0.66
Effective Gross Income
Annual $69,666
Annual Per SF $21.50
Taxes
Annual $19,167
Annual Per SF $5.91
Operating Expenses
Annual $8,323
Annual Per SF $2.57
Total Expenses
Annual $27,490
Annual Per SF $8.48
Net Operating Income
Annual $42,176
Annual Per SF $13.01

Property Facts

Price $1,675,000
Price Per Unit $837,500
Sale Type Investment
Cap Rate 2.52%
Gross Rent Multiplier 23.32
No. Units 2
Property Type Multifamily
Apartment Style Garden
Lot Size 0.16 AC
Building Size 3,241 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Parking Ratio 2.47/1,000 SF

Amenities

Unit Amenities

  • Washer/Dryer Hookup

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 $3,185 1,350
2+2 1 $2,800 1,890
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 40942116

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 2863-2867 W Carson St, Torrance, CA 90503

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