1542 W 223rd, Los Angeles, CA 90501
1542 W 223rd, Los Angeles, CA 90501
1542 W 223rd, Los Angeles, CA 90501
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Listed by Lionel Franklin, DRE #01730363 • Keller Williams Realty Irvine
$1,100,000
Est. payment /mo
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3 Beds
3 Baths
1,656 SqFt
New

1542 W 223rd Los Angeles, CA 90501

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Alex Kononoff

Alex Kononoff

+1(650) 207-5341

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,656 sqft

Price per Sqft $664

MLS Listing ID CROC26113980

Style Contemporary,Ranch

Bedrooms 3

Full Baths 3

Year Built 1920

Lot Size 6,681 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Welcome to 1542 W 223rd Street, a rare 3-unit South Bay opportunity offering current income, flexible living options, and long-term upside in the heart of Torrance. Situated on an approximately 6,681 square foot lot, the property includes three separate living spaces: a front 2-bedroom, 1-bath residence, a middle 1-bedroom, 1-bath ADU, and a rear studio with 1 bathroom. Together, the property generates $6,800 per month and $81,600 in annual gross income, with all tenants currently month-to-month and current on rent. The front house is rented for $2,750 per month, the middle ADU is rented for $2,350 per month, and the rear studio is rented for $1,700 per month. With separate entrances, updated interiors, brand new split A/C units in all three spaces, and laundry inside the front and middle units, this property offers immediate income with room to grow. The layout creates multiple possibilities for investors, owner-users, extended families, and buyers seeking flexibility. Continue leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term up

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LAR1

Rooms

Dining Room Formal Dining Room, In Kitchen, Dining Area in Living Room, Other

Kitchen Dishwasher, Microwave, Oven Range - Gas

Interior

Heating Forced Air, Wall Furnace

Cooling Central AC, Window / Wall Unit, 9

Fireplaces Type None

Laundry Gas Hookup, 30, Other

Exterior

Parking Features Drive Through, Gate / Door Opener, RV Access, Off-Street Parking, Other

Fence Other, 22

Pool 31, None

Utilities Available Other

View Local/Neighborhood, City Lights

Roof Type Other,Shingle

Building

Lot Description Grade - Level, Paved

Story One Story

Foundation Raised, Concrete Slab

Water Hot Water, District - Public

Architectural Style Contemporary, Ranch

Others

Tax ID 7347002008

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1542 W 223rd