Prime 4-Plex Investment in Torrance!
Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway).
Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units.
This is a great opportunity for both investors and owner-occupants—live in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81.
Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.
Sold for $1,460,000
Listed by: Porter Heritage • Jim Porter • Contact: 310-375-3197
Bought with: East West Estates
$1,460,000
1601 Torrance Blvd, Torrance, CA 90501
12beds
8baths
5,356sqft
Quadruplex
Built in 1963
-- sqft lot
$1,455,000 Zestimate®
$273/sqft
$3,047 Estimated rent
Home value
$1,455,000
$1.32M - $1.60M
$3,047/mo
Zestimate® history
Owner options
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$3,047/mo
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$3,047/mo
Rent Zestimate®
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$9,415/mo
Est. payment
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$9,415/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jim Porter DRE #01266035 310-408-8129,
Porter Heritage
Bought with:
Donnie Muldrow, DRE #01798416
East West Estates
Source: CRMLS,MLS#: SB25249286
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Rooms
- Room types: Laundry, Living Room, Other
Other
- Features: Walk-In Closet(s)
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Vinyl
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,356
- Total interior livable area: 5,356 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Driveway, Garage
- Garage spaces: 4
Features
- Entry location: 1
- Pool features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,514 Square Feet
- Features: 0-1 Unit/Acre, Near Public Transit, Rectangular Lot
Details
- Parcel number: 7349002015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete, Stucco, Copper Plumbing
- Foundation: Slab
- Roof: Asphalt,Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Curbs, Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $962,772
- Annual tax amount: $12,788
- Date on market: 10/29/2025
- Cumulative days on market: 6 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $1,460,000+0.7%$273/sqft |
Source:  CRMLS #SB25249286 Report a problem | ||
| 12/4/2025 | Pending sale | $1,450,000$271/sqft |
Source: CRMLS #SB25249286 Report a problem | ||
| 11/7/2025 | Contingent | $1,450,000$271/sqft |
Source: CRMLS #SB25249286 Report a problem | ||
| 10/29/2025 | Listed for sale | $1,450,000+80.6%$271/sqft |
Source: CRMLS #SB25249286 Report a problem | ||
| 11/29/2022 | Listed for rent | $2,795+12.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/10/2020 | Listing removed | $2,475 |
Source: PorterHeritage Report a problem | ||
| 4/30/2020 | Price change | $2,475-2.9% |
Source: PorterHeritage Report a problem | ||
| 3/26/2020 | Listed for rent | $2,550 |
Source: PorterHeritage Report a problem | ||
| 3/27/2015 | Sold | $803,000$150/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,788 +1.5% | $962,772 +2% |
| 2024 | $12,595 +1.9% | $943,921 +2% |
| 2023 | $12,361 +4.6% | $925,440 +2% |
| 2022 | $11,817 +1.5% | $907,321 +2% |
| 2021 | $11,646 -0.9% | $889,557 +1% |
| 2020 | $11,751 | $880,450 +2% |
| 2019 | $11,751 +5.6% | $863,213 +2% |
| 2018 | $11,124 | $846,314 +2.2% |
| 2017 | $11,124 +2.2% | $828,427 +2% |
| 2016 | $10,887 +2.8% | $812,184 +336.1% |
| 2015 | $10,594 +236.7% | $186,227 +2% |
| 2014 | $3,146 | $182,580 +2.5% |
| 2012 | -- | $178,193 +2% |
| 2011 | -- | $174,700 +0.8% |
| 2010 | -- | $173,396 -0.2% |
| 2009 | -- | $173,809 +2% |
| 2008 | -- | $170,402 +2% |
| 2007 | -- | $167,062 +2% |
| 2006 | -- | $163,787 |
| 2005 | -- | $163,787 +4% |
| 2004 | -- | $157,429 +1.9% |
| 2003 | -- | $154,545 +2% |
| 2002 | -- | $151,516 +4% |
| 2000 | -- | $145,634 |
Find assessor info on the county website
Neighborhood: 90501
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Nearby schools
GreatSchools rating
- 6/10One Hundred Eighty-Sixth Street Elementary SchoolGrades: K-5Distance: 1.5 mi
- 6/10Stephen M. White Middle SchoolGrades: 6-8Distance: 1.6 mi
- 6/10Humanities And Arts (HARTS) Academy Of Los AngelesGrades: 9-12Distance: 2.5 mi
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Estimated market value
$1,455,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,455,000
- California
- Los Angeles County
- Torrance
- 90501
- 1601 Torrance Blvd
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