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Under contract
  • Listed by: eXp Realty of California, Inc • Edward Kaminsky • Contact: 310-427-2414
    $1,899,000

    23209 Arlington Ave, Torrance, CA 90501

    8beds
    7baths
    4,468sqft
    : 
    $12,654/mo
    Get pre-qualified
    Quadruplex
    Built in 1964
    -- sqft lot
    $1,852,400 Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often.
    21 days
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    433
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Kaminsky DRE #00958114 310-427-2414,

    eXp Realty of California, Inc

    Source: CRMLS,MLS#: SB26149936MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      Rooms
      • Room types: Kitchen, Living Room, Other
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
      • Laundry: Inside, In Kitchen
      Features
      • Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,468
      • Total interior livable area: 4,468 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Assigned, Door-Single, Driveway, Garage
      • Garage spaces: 3
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Unit doors
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 6,313 Square Feet
      • Features: Back Yard, Garden, Lawn, Landscaped, Yard
      Details
      • Parcel number: 7370022077
      • Zoning: TORR-OF
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      HOA
      • Amenities included: Maintenance Front Yard, Trash, Water
      • Services included: Sewer
      Location
      • Region: Torrance

      Financial & listing details

      • Price per square foot: $425/sqft
      • Tax assessed value: $1,322,026
      • Annual tax amount: $15,623
      • Date on market: 7/11/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Contract
      • Total actual rent: 129600
      • Tenant pays: Electricity, Gas

        Estimated market value

        $1,852,400

        $1.76M - $1.95M

        $2,554/mo

        Price history

        DateEventPrice
        7/29/2026Contingent$1,899,000$425/sqft
        Source: CRMLS #SB26149936 Report a problem
        7/11/2026Listed for sale$1,899,000+331.6%$425/sqft
        Source: CRMLS #SB26149936 Report a problem
        8/16/1999Sold$440,000$98/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,623 +1.9%$1,322,026 +2%
        2024$15,335 +1.9%$1,296,105 +2%
        2023$15,053 +1.4%$1,270,692 +2%
        2022$14,850 +1.9%$1,245,778 +2%
        2021$14,572 +1.5%$1,221,352 +1%
        2020$14,356 $1,208,829 +2%
        2019$14,356 +4.7%$1,185,127 +2%
        2018$13,713 $1,161,890 +2%
        2017$13,713 +2.1%$1,139,109 +2%
        2016$13,425 +2.6%$1,116,774 +98.5%
        2015$13,084 +95%$562,682 +2%
        2014$6,710 $551,660 +2.5%
        2012-- $538,400 +2%
        2011-- $527,844 +0.8%
        2010-- $523,900 -0.2%
        2009-- $525,146 +2%
        2008-- $514,850 +2%
        2007-- $504,756 +2%
        2006-- $494,860
        2005-- $494,860 +4%
        2004-- $475,646 +1.9%
        2003-- $466,930 +2%
        2002-- $457,776 +4%
        2000-- $440,000
        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: Southeast Torrance

        Getting around

        59 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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