$1,800,000
$50K PRICE DROP

2363 Torrance Blvd Torrance, CA 90501

East Torrance Neighborhood

Estimated payment $11,608/month

Total Views 4,078
3 Beds
2 Baths
3,648 Sq Ft
$493 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Tile Countertops
  • Fern Elementary School Rated A
  • Double Pane Windows
  • Laundry Room

About This Home

First time on the market in over 30 years! This well-maintained 5-unit building in charming Old Torrance features a classic mid-century vibe. Units feel like individual homes with backdoors from the kitchen, built-in bookshelves, original hardwood floors in excellent condition, separate dining rooms, newer windows (all except one unit), tile baths, appliances light and bright. Mix is four spacious 1BD/1BA units plus one 2BD/1BA unit with fireplace and separate dining. Upside potential in bringing Rents up to market rate. On-site coin laundry adds extra income. Includes 4 garages, driveway, and street parking. Property has lifestyle amenities in all directions, Downtown OLD Torrance shops, restaurants, Wilson Park, DEL AMO MALL ,Torrance High School. Torrance has an excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children. Major employers i.e, Honda HQ., Chevron, Harbor UCLA hospital, Little Company of Mary, 405 & 110 FWYs and minutes to Redondo Beach. No local rent control.

Listing Agent

martha alonso

Estate Properties Brokerage Phone: 310 901-8670 License #01313095 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,302 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Workshop in Garage
  • Rear-Facing Garage
  • Shared Driveway

Home Design

  • Midcentury Modern Architecture
  • Apartment
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 64
  • Tax Tract Number 6509
  • Assessor Parcel Number 7354013010

Community Details

Recreation

  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Gardener Expense $1,500
  • Insurance Expense $4,507
  • Maintenance Expense $4,000
  • Other Expense $2,300
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $15,667
  • Gross Income $5,400
  • Net Operating Income $90,600

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.89
  • Price Per Unit: 360000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: TOCC-GEN
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 7354013010
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 493.42
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Shared Driveway, Workshop in Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6302.00
  • Lot Size Acres: 0.1447

Rental Info

  • Tenant Pays: Electricity, Gas, Parking Fee

Multi Family

  • Electric Expense: 960.00
  • Garage Income: 5400.00
  • Gross Income: 5400.00
  • Gross Multiplier: 15.97
  • Gross Scheduled Income: 115800.00
  • Insurance Expense: 4507.00
  • Lot Size Area: 6302.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 90600.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 21726.00
  • Other Expense: 2300.00
  • Other Expense Description: Reserve
  • Other Income Description: Coin Operated Laundry
  • Rent Control: No
  • Total Expenses: 15667.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 64
  • Tax Census Tract: 6509.01
  • Tax Lot: 9
  • Tax Tract Number: 6509

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $1,800,000 -2.7% $493 / Sq Ft
07/29/2025 07/29/25 Off Market $1,850,000 -- --
06/18/2025 06/18/25 For Sale $1,850,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25128507

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Torrance 90501 East Torrance

2363 Torrance Blvd, Torrance, CA

This home is located at 2363 Torrance Blvd, Torrance, CA 90501 and is currently priced at $1,800,000, approximately $493 per square foot. This property was built in 1944. 2363 Torrance Blvd is a home located in Los Angeles County with nearby schools including Fern Elementary School, Madrona Middle School, and Torrance High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes
martha alonso
Listing Agent
martha alonso
Section Image
Estate Properties
(424) 722-6247