$3,700,000
-$290,0005326 Lorna Street, Torrance CA 90503
Multi-Family (11 Units)
Property type
30 days
On market
$473
Price per sqft
11 cars
Garage
1960
Year built
14,117 sqft
Lot size
Home highlights
Open Houses
Overview
Prime 11-Unit Investment Opportunity in West Torrance Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent...
Listing provided by: Derf Fredericks DRE #00491652, Fredericks Realty, Danny Fredericks DRE #01903928 310-951-9479, Fredericks Realty,Broker
Listing updated: Jun 2, 2026 at 09:39pm.
Last checked: Jun 2, 2026 at 10:00pm
Source: CRMLS #SB26098719
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,800 | $1,800 | $1,900 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,795 | $1,795 | $1,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,980 | $1,980 | $2,400 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,300 | $2,300 | $2,300 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,675 | $1,675 | $1,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,860 | $1,860 | $2,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,695 | $1,695 | $1,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,900 | $1,900 | $2,600 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,450 | $1,450 | $1,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,300 | $2,300 | $2,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Separate Electric Meters: 12
Separate Gas Meters: 12
Separate Water Meters: 1
Rent Control: No
Units Leased: 10
Total Actual Rent: $18,755
Financial Snapshot
Gross Rent Multiplier
16.4x
List Price / Annual Gross Rent
Cap Rate
5.57%
NOI / List Price
Gross Scheduled Income: $225,060
Operating Expense: $25,078
Net Operating Income: $206,253
Annual Operating Expenses
Electric: $747
Fuel: $3,620
Insurance: $6,000
Maintenance: $1,200
Pest Control: $1,090
Professional Management: $0
Trash: $6,269
Water / Sewer: $5,652
Interior
Interior Features: Storage
Flooring: Vinyl
Cooling: None
Heating: Wall Furnace
Appliances: Gas Cooktop, Gas Oven
Fireplace: None
Laundry: Common Area
Accessibility: No Stairs
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: Two
Common Walls: One Common Wall
Lot Features: Corner Lot, Cul-de-sac
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Water Available
View: None
Garage and Parking
Parking: Assigned, Garage, Garage Door Opener, Community Structure
Garage Spaces: 11
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7519001065
Additional Parcels: No
Tax Lot: 1
Community
HOA: No
HOA Fee: $0
HOA Phone: 3107920907
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 5326 Lorna Street, Torrance, CA 90503. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,960,000
Total Interest
$3,775,317
Total Payment
$6,735,317
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$22,713
per month
Property History for 5326 Lorna Street
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90503.
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