Est. cap rate

2.3%

Assumed rent, all units

$4,600/mo

Units

2

Price per unit

$587,500

Est. annual NOI

$27,600

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,839 sqft

Lot size

7,201 sqft

Year built

1963

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

5

MLS #

248162279

About this property

Two detached homes on a 7,200 sq. ft. RD 1.5-1 lot offer an uncommon combination of flexibility, privacy, and future potential in Torrance. The front residence features 3 bedrooms and 1 bath with a detached 2-car garage, while the second residence offers 2 bedrooms and 1 bath with two dedicated parking spaces. Additional driveway parking provides room for several vehicles. The large backyard creates valuable outdoor space and potential for future expansion, while approved ADU plans and the property's zoning provide additional possibilities for an owner-user, multigenerational household, or investor looking to add housing over time. Whether the goal is to keep family members close while maintaining separate living spaces, live in one home and generate rental income from the other, or pursue future development, the property offers multiple paths to use the site......... Located in an established Torrance neighborhood, the property places everyday conveniences within easy reach, including shopping, dining, public transportation, schools, and major commuter routes. The South Bay lifestyle is a major draw, with nearby beaches, parks, recreation, and the communities of Redondo Beach, Lomita, and the Palos Verdes Peninsula all within convenient reach. Torrance's established residential character, access to highly regarded schools, and proximity to both coastal amenities and major employment centers make the area particularly appealing to families seeking long-term flexibility and a place where different generations can live near one another while maintaining their own space.

Location

1516 W 226th

Torrance, Los Angeles, CA, 90501