Home | Los Angeles County | Los Angeles | 90501 | 1542 W 223rd
MLS: CROC26113980 | Status: Active | Price: $1,100,000
Beds/Baths: 3 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 3 | 3 | 1,656 | 6,681 | 1920 |
Welcome to 1542 W 223rd Street, a rare 3-unit South Bay opportunity offering current income, flexible living options, and long-term upside in the heart of Torrance. Situated on an approximately 6,681 square foot lot, the property includes three separate living spaces: a front 2-bedroom, 1-bath residence, a middle 1-bedroom, 1-bath ADU, and a rear studio with 1 bathroom. Together, the property generates $6,800 per month and $81,600 in annual gross income, with all tenants currently month-to-month and current on rent. The front house is rented for $2,750 per month, the middle ADU is rented for $2,350 per month, and the rear studio is rented for $1,700 per month. With separate entrances, updated interiors, brand new split A/C units in all three spaces, and laundry inside the front and middle units, this property offers immediate income with room to grow. The layout creates multiple possibilities for investors, owner-users, extended families, and buyers seeking flexibility. Continue leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term up
| Field | Value |
|---|---|
| MLS # | CROC26113980 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Appliances | Dishwasher, Microwave, Other, Oven Range - Gas |
| Dining Room | Dining Area in Living Room, Formal Dining Room, In Kitchen, Other |
| Fireplace | None |
| Laundry | Hookup - Gas Dryer, Other |
| Cooling | Ceiling Fan, Central Forced Air, Window/Wall Unit |
| Heating | Forced Air, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Other, Shingle |
| Foundation | Raised, Slab |
| Pool | None |
| Style | Contemporary, Ranch |
| Feature | Details |
|---|---|
| Garage/Parking | Drive Through, Gate/Door Opener, Off-Street Parking, Other, RV Access, Garage: 0 Car(s) |
| Elementary District | Los Angeles Unified |
| High School District | Los Angeles Unified |
| HOA Fee | $0 |
| Zoning | LAR1 |
Lionel Franklin
Keller Williams Realty Irvine
License #: 01730363
Phone: (714) 580-1047
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2760 El Dorado St. | $1,149,999 | 4 | 1/1 | 1,486 | PendingDoNotShow |
| 1019 Park Circle | $989,000 | 5 | 2/1 | 2,222 | Active |
| 2423 W 233rd St | $1,299,000 | 4 | 3 | 1,837 | Active |
| 2767 Sonoma | $1,095,000 | 3 | 1 | 1,086 | Active |
| 2768 Border | $998,000 | 4 | 3 | 2,248 | Active |
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This listing information is up-to-date as of July 09, 2026. For the most current information, please contact Lionel Franklin, (714) 580-1047.