Torrance Homes with Triplex Subtype

Torrance Homes with Triplex Subtype

Welcome to Torrance, California – a vibrant city nestled in the heart of Los Angeles County, known for its beautiful beaches, thriving community, and excellent quality of life. With a perfect blend of suburban charm and urban convenience, Torrance offers residents a delightful atmosphere that is both welcoming and dynamic. The city is renowned for its top-rated schools, lush parks, and a diverse array of shopping and dining options, making it a prime location for families, young professionals, and retirees alike.

One of the hidden gems of Torrance real estate is the availability of triplex homes. These unique properties offer an exceptional investment opportunity, allowing homeowners to live in one unit while renting out the other two. This not only provides a steady stream of rental income but also fosters a sense of community among neighbors. The triplex homes in Torrance are often characterized by their spacious layouts, modern amenities, and proximity to local attractions, making them an appealing choice for both investors and multi-generational families.

Living in Torrance means enjoying a laid-back lifestyle with easy access to stunning beaches like Torrance Beach and Redondo Beach, as well as a variety of recreational activities, including hiking trails, sports facilities, and community events. With its rich cultural diversity and strong sense of community, Torrance is more than just a place to live – it’s a place to thrive. Explore the triplex opportunities in this charming city and discover the perfect blend of comfort, convenience, and investment potential!

Newest Torrance Homes with Triplex Subtype

$950,000
6 Beds 3 Baths PW26112719 MLS Active Status
PACKAGE SALE — Both properties must close concurrently. Combined asking price: $1,800,000. 1541 W 224th St, (MLS# PW26112719) must be purchased together with 1535 W 224th St (MLS# PW26112707). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range from $2,300 to $2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades, including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.

1541 W 224th Street, Torrance

$950,000
PW26112441 MLS Active Status
PACKAGE SALE — Both properties must close concurrently. Combined asking price: $1,800,000. 1541 W 224th St, (MLS# PW26112441) must be purchased together with 1535 W 224th St (MLS# PW26108833). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range $2,300–$2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. LOCATION: Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.

1541 W 224th Street, Torrance

$1,525,000
5 Beds 3 Baths PW26006679 MLS Active Status
RARE TURNKEY investment opportunity featuring THREE PERMITTED VACANT UNITS in a Single Family Home Dwelling with major system upgrades and strong income potential! This well-maintained property offers an ideal setup for owner-users or investors seeking cash flow, house-hacking, or multi-generational living. The front unit (1520) is a spacious 3-bedroom residence featuring bamboo and tile flooring, a generously sized living area, an updated bathroom, and an upgraded kitchen, making it highly desirable for long-term tenants or owner occupancy. The JADU (1522 ½) was completed and fully permitted in 2023, offering modern efficiency with newer electrical, recess lighting, mini-split heating and cooling, a fully updated kitchen and full bathroom, and sliding door access to the backyard and patio—perfect for maximizing rental appeal. The rear ADU (1522), built in 2018, is an oversized 1-bedroom, 1-bath unit with an expansive living room and floor-to-ceiling sliding doors opening to the backyard and patio. This unit features a kitchen with a portable granite-top island, recessed lighting, upgraded dual-pane windows for abundant natural light, and a gas fireplace to entertain and enjoy! Bamboo and tile flooring is installed throughout for design and durability. Property has double pane energy efficient windows throughout and is wired for a rear jacuzzi, pre-wired for interior and exterior security cameras, and is sprinkler ready. Additional cost saving upgrades includes full exterior including security gates and block walls were painted in 2024 along with ABS replacement of the main sewer line. Owner may take advantage of FHA and Conventional financing for owner occupy income earning opportunity. Take advantage of the strong cash flow, rental upside, and long-term appreciation potential—a true income-producing asset ready for immediate returns.

1520 W 215th, Torrance

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.