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For sale
  • Listed by: Keller Williams Realty Irvine • Lionel Franklin • Contact: 714-580-1047
    $1,000,000

    1546 W 223rd St, Torrance, CA 90501

    3beds
    1,360sqft
    : 
    $6,519/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    6,682 Square Feet Lot
    $987,300 Zestimate®
    $735/sqft
    $-- HOA

    What's special

    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.
    21 days
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    312
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lionel Franklin DRE #01730363 714-580-1047,

    Keller Williams Realty Irvine

    Source: CRMLS,MLS#: OC26113977MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Living Room
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Bathtub, Separate Shower, Tub Shower
      Kitchen
      • Features: Remodeled, Tile Counters, Updated Kitchen, Utility Sink
      Heating
      • Central, Wall Furnace
      Cooling
      • Ductless, Wall/Window Unit(s), Zoned
      Appliances
      • Included: Gas Oven, Gas Range
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Eat-in Kitchen, Open Floorplan, Stone Counters, Tile Counters, Unfurnished, All Bedrooms Down
      • Flooring: Laminate, Vinyl, Wood
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,360 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway Level, Driveway, Garage, On Site, Oversized, Paved, Pull-through, RV Access/Parking
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home, Grab Bars, No Stairs, Parking
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front Door
      • Patio & porch: Concrete, Enclosed, Front Porch
      • Pool features: None
      • Spa features: None
      • Fencing: Block,Privacy,Wrought Iron
      • Has view: Yes
      • View description: City Lights, Neighborhood
      Lot
      • Size: 6,682 Square Feet
      • Features: 0-1 Unit/Acre, Front Yard, Lawn
      Details
      • Parcel number: 7347002007
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Common Roof,Shingle
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks, Urban
      • Security: Fire Detection System, Smoke Detector(s)
      Location
      • Region: Torrance

      Financial & listing details

      • Price per square foot: $735/sqft
      • Tax assessed value: $680,421
      • Annual tax amount: $8,626
      • Date on market: 7/3/2026
      • Cumulative days on market: 22 days
      • 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
      • Road surface type: Paved

        Estimated market value

        $987,300

        $938,000 - $1.04M

        $4,063/mo

        Price history

        DateEventPrice
        7/4/2026Listed for sale$1,000,000-9.1%$735/sqft
        Source: CRMLS #OC26139958 Report a problem
        3/13/2026Listing removed$1,100,000$809/sqft
        Source: CLAW #25594175 Report a problem
        9/18/2025Listed for sale$1,100,000+120%$809/sqft
        Source: CLAW #25594175 Report a problem
        8/1/2024Listing removed--
        Source: CRMLS #IN24143215 Report a problem
        7/12/2024Listed for rent$2,700$2/sqft
        Source: CRMLS #IN24143215 Report a problem
        11/18/2022Sold$500,000+11.1%$368/sqft
        Source: Public Record Report a problem
        10/10/2022Pending sale$449,950+301.7%$331/sqft
        Source: CRMLS #SR22218138 Report a problem
        7/1/1998Sold$112,000+52.4%$82/sqft
        Source: Public Record Report a problem
        7/10/1997Sold$73,500$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,626 +1.7%$680,421 +2%
        2024$8,485 +2%$667,080 +2%
        2023$8,322 +46.8%$654,000 +46.6%
        2022$5,669 +0.8%$446,205 +1.5%
        2021$5,626 -0.9%$439,601 +1%
        2020$5,679 $435,094 +2%
        2019$5,679 +6.5%$426,564 +2%
        2018$5,334 $418,200 +176.5%
        2017$5,334 +150.5%$151,270 +2%
        2016$2,129 +2.5%$148,305 +1.5%
        2015$2,077 +1%$146,078 +2%
        2014$2,056 $143,217 +2.5%
        2012-- $139,776 +2%
        2011-- $137,036 +0.8%
        2010-- $136,013 -0.2%
        2009-- $136,337 +2%
        2008-- $133,665 +2%
        2007-- $131,045 +2%
        2006-- $128,477
        2005-- $128,477 +4%
        2004-- $123,491 +1.9%
        2003-- $121,229 +2%
        2002-- $118,853 +4%
        2000-- $114,240
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90501

        Getting around

        67 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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