Home | Los Angeles County | Los Angeles | 90501 | 1542 W 223rd
MLS: CROC26139951 | Status: Active | Price: $1,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 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 upside.
| Field | Value |
|---|---|
| MLS # | CROC26139951 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Microwave, Other, Oven Range - Gas |
| Cooling | Central Forced Air, Window/Wall Unit |
| Heating | Forced Air, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Other, Shingle |
| Pool | None |
| Style | Contemporary, Ranch |
| Feature | Details |
|---|---|
| Garage/Parking | Drive Through, Gate/Door Opener, Off-Street Parking, Other, RV Access, Garage: 2 Car(s) |
Lionel Franklin
Keller Williams Realty Irvine
License #: 01730363
Phone: (714) 580-1047
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 3 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1064 253rd | $898,999 | – | – | – | PendingDoNotShow |
| 2210 W 229th | $1,229,000 | – | – | – | Contingent |
| 2022 Cabrillo | $1,087,000 | – | – | – | Contingent |
| 1625 W 226th | $1,249,000 | – | – | – | 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.