2363 Torrance Blvd Torrance, CA 90501
East Torrance NeighborhoodEstimated payment $10,947/month
Highlights
- Midcentury Modern Architecture
- Wood Flooring
- Tile Countertops
- Fern Elementary School Rated A
- Double Pane Windows
- Laundry Room
About This Home
Outstanding value-add or turnkey rental opportunity in charming Old Torrance. This well-maintained mid-century 5-unit building is delivered ready for immediate occupancy — an exceptional chance for investors to take possession without delay, lease at full market rents, and establish strong cash flow from day one. Thoughtful layouts make each residence feel like its own home, featuring back doors off the kitchen, built-in bookshelves, original hardwood floors in excellent condition, separate dining areas, and bright, inviting interiors. Most windows have been updated (all but one unit). Classic tile baths and included appliances maintain the vintage-modern appeal. The unit mix offers four spacious 4-1BD/1BA apartments and one 2BD/1BA residence with a fireplace and formal dining. On-site coin laundry adds ancillary income. Parking is convenient with four garages, driveway spaces, and plentiful street parking. Ideally located near Downtown Old Torrance’s shops and restaurants, Wilson Park, Del Amo Fashion Center, and Torrance High School, with proximity to major employers such as Honda HQ and Providence Little Company of Mary. Easy access to the 405 and 110 freeways and minutes to Redondo Beach ensure consistently strong rental demand.
Listing Agent
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
- Entry on the 1st floor
- 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Price Changed | $1,750,000 | 0.0% | $480 / Sq Ft |
| 12/17/2025 12/17/25 | For Sale | $1,750,000 | -2.8% | $480 / Sq Ft |
| 12/15/2025 12/15/25 | Off Market | $1,800,000 | -- | -- |
| 12/14/2025 12/14/25 | For Sale | $1,800,000 | 0.0% | $493 / Sq Ft |
| 12/11/2025 12/11/25 | Off Market | $1,800,000 | -- | -- |
| 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)
MLS Number: SB25128507
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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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