Home | Los Angeles County | Torrance | 90503 | 5326 Lorna St
MLS: CRSB26098719 | Status: | Price: $3,990,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 14,117 | 1960 |
Prime 11-Unit Investment Opportunity in West Torrance Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal. The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses. Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability. From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an at
| Field | Value |
|---|---|
| MLS # | CRSB26098719 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Appliances | Other, Oven - Gas |
| Laundry | Community Facility |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Common Parking - Shared, Gate/Door Opener, Garage: 11 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Derf Fredericks | Danny Fredericks |
| Fredericks Realty | |
| License #: 00491652 | License #: 01903928 |
| Phone: – | Phone: (310) 951-9479 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Victor Elementary School | public | K-5 | 0.44 mi | 9 |
| Anza Elementary School | public | K-5 | 0.46 mi | 10 |
| West High School | public | 9-12 | 0.52 mi | 10 |
| Parras (Nick G.) Middle School | public | 6-8 | 0.57 mi | 7 |
| Redondo Shores High (Continuation) School | public | 9-12 | 0.77 mi | 4 |
| Redondo Beach Learning Academy | public | 9-12 | 0.77 mi | N/A |
| Alta Vista Elementary School | public | K-5 | 0.81 mi | 8 |
| Jefferson Middle School | public | 6-8 | 0.86 mi | 9 |
| Bert M. Lynn Middle School | public | 6-8 | 0.93 mi | 8 |
| Towers Elementary School | public | K-5 | 1.11 mi | 9 |
| Beryl Heights Elementary School | public | K-5 | 1.16 mi | 8 |
| Tulita Elementary School | public | K-5 | 1.30 mi | 9 |
| Seaside Elementary School | public | K-5 | 1.33 mi | 7 |
| Joseph Arnold Elementary School | public | K-5 | 1.40 mi | 9 |
| Launch Preschool | public | UG | 1.45 mi | N/A |
| Madrona Middle School | public | 6-8 | 1.54 mi | 8 |
| Jefferson Elementary School | public | K-5 | 1.58 mi | 8 |
| Calle Mayor Middle School | public | 6-8 | 1.66 mi | 10 |
| Washington Elementary School | public | K-5 | 1.82 mi | 8 |
| Adams Middle School | public | 6-8 | 1.91 mi | 8 |
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This listing information is up-to-date as of May 06, 2026. For the most current information, please contact Derf Fredericks.