J
Seller's Agent in 2025
James Porter
Porter Heritage
(310) 375-3197
2 in this area
7 Total Sales
22720 Harvard Blvd Torrance, CA 90501
Harbor Gateway Neighborhood
12
Beds
6
Baths
6,240
Sq Ft
8,068
Sq Ft Lot
Highlights
- Traditional Architecture
- Quartz Countertops
- Double Pane Windows
- Wood Flooring
- No HOA
- Living Room
About This Home
As of December 20258-Unit Apartment Building | First Time on Market in 26 Years!
Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Last Agent to Sell the Property
Porter Heritage Brokerage Phone: 310-408-8129 License #01266035 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955 | Remodeled
Lot Details
- 8,068 Sq Ft Lot
- Lot Dimensions are 89 x 90
- No Common Walls
- Block Wall Fence
- Rectangular Lot
- Back Yard
- Density is up to 1 Unit/Acre
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Pre-Cast Concrete Construction
- Copper Plumbing
- Stucco
Interior Spaces
- 6,240 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Living Room
Kitchen
- Gas Range
- Quartz Countertops
- Ceramic Countertops
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- 8 Carport Spaces
- Parking Available
- Parking Lot
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 520
- Tax Tract Number 4529
- Assessor Parcel Number 7347015002
- $2,098 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- 7 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Gardener Expense $600
- Insurance Expense $13,709
- Pest Control $576
- Professional Management Expense $3,000
- Trash Expense $5,500
- Water Sewer Expense $4,800
- Operating Expense $45,006
- Gross Income $132,948
- Net Operating Income $87,942
Security
- Resident Manager or Management On Site
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Sold | $1,300,000 | -18.5% | $208 / Sq Ft |
| 11/20/2025 11/20/25 | Pending | -- | -- | -- |
| 10/29/2025 10/29/25 | Price Changed | $1,595,000 | -11.1% | $256 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $1,795,000 | -- | $288 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
James Porter
-
Linda Hernandez
Buyer's Agent in 2025
Linda Hernandez
eXp Realty of California, Inc.
(310) 977-9597
1 in this area
67 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25231210
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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