8-Unit Apartment Building | First Time on Market in 26 Years!
Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Sold for $1,300,000
Listed by: Porter Heritage • Jim Porter • Contact: 310-375-3197
Bought with: eXp Realty of California, Inc.
$1,300,000
22720 Harvard Blvd, Torrance, CA 90501
16beds
8baths
6,240sqft
Mixed Use
Built in 1955
-- sqft lot
$-- Zestimate®
$208/sqft
$2,691 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,691/mo
Zestimate® history
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List your homeWhat's special
New electrical panelsShared courtyardRemodeled unitNew roofsFreshly painted exteriorCovered carport spaceGas range
Zillow last checked:
Listing updated:
Listed by:
Jim Porter DRE #01266035 310-408-8129,
Porter Heritage
Bought with:
Linda Hernandez, DRE #01371287
eXp Realty of California, Inc.
Source: CRMLS,MLS#: SB25231210
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Rooms
- Room types: Living Room
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Water Heater
- Laundry: Washer Hookup, In Kitchen
Features
- Ceiling Fan(s), Ceramic Counters, Quartz Counters
- Flooring: Carpet, Tile, Vinyl, Wood
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 6,240
- Total interior livable area: 6,240 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Off Street, One Space
- Carport spaces: 8
Accessibility
- Accessibility features: None
Features
- Entry location: courtyard
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 8,068 Square Feet
- Dimensions: 89 x 90
- Features: 0-1 Unit/Acre, Back Yard, Rectangular Lot
Details
- Parcel number: 7347015002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
Materials
- Drywall, Concrete, Stucco, Copper Plumbing
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $461,076
- Annual tax amount: $7,698
- Date on market: 10/3/2025
- Cumulative days on market: 48 days
- Listing terms: Cash to New Loan
- Total actual rent: 11089
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $1,300,000-18.5%$208/sqft |
Source:  CRMLS #SB25231210 Report a problem | ||
| 12/24/2025 | Pending sale | $1,595,000$256/sqft |
Source: CRMLS #SB25231210 Report a problem | ||
| 11/21/2025 | Contingent | $1,595,000$256/sqft |
Source: CRMLS #SB25231210 Report a problem | ||
| 10/29/2025 | Price change | $1,595,000-11.1%$256/sqft |
Source: CRMLS #SB25231210 Report a problem | ||
| 10/3/2025 | Listed for sale | $1,795,000+498.3%$288/sqft |
Source: CRMLS #SB25231210 Report a problem | ||
| 7/2/1999 | Sold | $300,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,698 +2.1% | $461,076 +2% |
| 2024 | $7,540 +1.7% | $452,036 +2% |
| 2023 | $7,413 +9.2% | $443,173 +2% |
| 2022 | $6,788 +1.9% | $434,484 +2% |
| 2021 | $6,663 -0.7% | $425,966 +1% |
| 2020 | $6,710 | $421,599 +2% |
| 2019 | $6,710 +6.2% | $413,334 +2% |
| 2018 | $6,319 | $405,230 +2% |
| 2017 | $6,319 +2.1% | $397,285 +2% |
| 2016 | $6,189 +3.5% | $389,496 +1.5% |
| 2015 | $5,979 +0.8% | $383,646 +2% |
| 2014 | $5,932 | $376,131 +2.5% |
| 2012 | -- | $367,091 +2% |
| 2011 | -- | $359,894 +0.5% |
| 2009 | -- | $358,055 +2% |
| 2008 | -- | $351,035 +4% |
| 2006 | -- | $337,405 |
| 2005 | -- | $337,405 +8.1% |
| 2002 | -- | $312,120 -28.2% |
| 2000 | -- | $435,000 |
Find assessor info on the county website
Neighborhood: 90501
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Nearby schools
GreatSchools rating
- 4/10Meyler Street Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Alexander Fleming Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Humanities And Arts (HARTS) Academy Of Los AngelesGrades: 9-12Distance: 1.1 mi
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- California
- Los Angeles County
- Torrance
- 90501
- 22720 Harvard Blvd
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