$1,000,000
 $5,368 est/mo Sourced by Back At You

1546 W 223rd,Los Angeles, CA 90501

Los Angeles, CA 90501

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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.

Details

MLS #OC26139958
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1947
Days On Site56
Listing Provided ByKeller Williams Realty Irvine | Lionel Franklin

Features

SQ Feet1,360
Story(s)1
Units2
Building(s)2
Acreage0.15
Property ViewYes

Interior

CoolingDuctless, Wall Window Units, Zoned
HeatingCentral, Wall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesOpen Floorplan, Stone Counters, Tile Counters, Unfurnished, All Bedrooms Down
AppliancesGas Oven, Gas Range
Fireplace Yes / NoNo

Exterior

RoofCommon Roof, Shingle
Construction MaterialsStucco
Lot FeaturesZero To One Unit Acre, Front Yard, Lawn
FencingBlock, Privacy, Wrought Iron

Parking

Parking FeaturesDriveway Level, Driveway, Garage, On Site, Oversized, Paved, Pull Through, Rv Access Parking
Garage Yes / NoNo

Utilities

UtilitiesCable Available, Electricity Available, Sewer Available, Water Available
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$1,000,000
low | high
Med:
$899,000
60.1% of Average
sqft:
1,360
low | high
Med:
1,800
17.647058823529% of Average
$ / sqft:
$735
low | high
Med:
$499
82.075555555556% of Average
On site:
56
low | high
Med:
63
88.888888888889% of Average
Sourced by Back At You

Market Activity 90501

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$1,000,000
low | high
Med:
$899,000
60.1% of Average
sqft:
1,360
low | high
Med:
1,800
17.647058823529% of Average
$ / sqft:
$735
low | high
Med:
$499
82.075555555556% of Average
On site:
56
low | high
Med:
63
88.888888888889% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $750K - $1.25M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1546 W 223rd Property Photo 1
$1,000,000
1546 W 223rd
Los Angeles, CA 90501
1524 W 223rd Street Property Photo 1
$889,900
1524 W 223rd Street
Torrance, CA 90501
Listing Updated: August 21, 2026 at 11:35:56 PM PDT