$1,099,000
2304 Torrance blvd, Torrance CA 90501
Multi-Family (Triplex)
Property type
24 days
On market
$680
Price per sqft
4 cars
Garage
1928
Year built
7,203 sqft
Lot size
Home highlights
Open Houses
Overview
Located in one of the most sought-after neighborhoods in the City of Torrance, this expansive corner lot features a three-unit building, with an adjacent lot also available for sale. This is an exceptional opportunity for investors, developers, and owner-users alike, with tremendous upside potential for repositioning, redevelopment, increased rental income, or long-term...
Listing provided by: Marco Asaro DRE #01973078, Beach City Brokers, Kourosh Kaghazi DRE #02000002, Beach City Brokers
Listing updated: May 13, 2026 at 01:32pm.
Last checked: Jun 4, 2026 at 06:30am
Source: CRMLS #SB26102503
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 0 | — | $1,290 | $1,290 | $1,750 | Unfurnished |
| 1 | 1 | 0 | — | $1,317 | $1,317 | $1,750 | Unfurnished |
| 1 | 1 | 0 | — | $2,350 | $2,350 | $2,350 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
18.5x
List Price / Annual Gross Rent
Cap Rate
5.41%
NOI / List Price
Gross Scheduled Income: $59,484
Operating Expense: $0
Net Operating Income: $59,484
Annual Operating Expenses
Cable TV: $0
Furniture Replacement: $0
Fuel: $0
Insurance: $0
Licenses: $0
New Taxes: $13,737
Pest Control: $0
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $0
Workers Comp: $0
Interior
Cooling: None
Fireplace: None
Laundry: In Garage
Accessibility: Parking
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Direction Faces: North
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7355004005
Additional Parcels: No
Tax Lot: 6
Tax Block: 60
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 2304 Torrance blvd, Torrance, CA 90501. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$879,200
Total Interest
$1,121,371
Total Payment
$2,000,571
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,852
per month
Property History for 2304 Torrance blvd
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90501.
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