1546 W 223rd, Los Angeles, CA 90501
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1546 W 223rd, Los Angeles, CA 90501
1546 W 223rd, Los Angeles, CA 90501
1546 W 223rd, Los Angeles, CA 90501
1546 W 223rd, Los Angeles, CA 90501
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DON JACKS

+1(562) 201-4670
$ 1,000,000
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1546 W 223rd Los Angeles, CA 90501

6,682 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26139958

HOA Y/N No

Year Built 1947

Lot Size 6,682 Sqft

Property Sub-Type Duplex

Property Description

Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger, this opens the door to scale, portfolio growth, family compound possibilities, income expansion, or a long-term hold strategy. Perfectly positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers connectivity to major employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Torrance remains one of Southern California's most sought-after rental and ownership markets, making this a standout opportunity for buyers who understand location, flexibility, and income potential. Whether you are searching for income, a live-and-rent opportunity, multigenerational living, or the chance to secure a rare Torrance asset with upside, 1546 W 223rd Street delivers. Don't miss your chance to own a flexible two-home property in one of the South Bay's strongest markets.

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Interior

Interior Features Open Floorplan, Stone Counters, Tile Counters, Unfurnished, All Bedrooms Down

Heating Central, Wall Furnace

Cooling Ductless, Wall/Window Unit(s), Zoned

Flooring Laminate, Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway Level, Driveway, Garage, On Site, Oversized, Paved, Pull-through, RV Access/Parking

Fence Block, Privacy, Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

View Y/N Yes

View City Lights, Neighborhood

Roof Type Common Roof,Shingle

Accessibility Safe Emergency Egress from Home, Grab Bars, No Stairs, Parking

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Lawn

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Ranch, Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7347002007

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan, VA No Loan, VA No No Loan

Listing Terms Cash, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan, VA No Loan, VA No No Loan

Special Listing Condition Standard

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Listed by Lionel Franklin Keller Williams Realty Irvine 714-580-1047, DRE #01730363

Nearby Locations

DON JACKS

DON JACKS

License ID: 01231532

+1(562) 201-4670

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1546 W 223rd