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Listed by Edward Kaminsky, DRE #00958114 • eXp Realty of California, Inc
$1,899,000
Est. payment /mo
6,313 Sqft Lot
Active
23209 Arlington AVE Torrance, CA 90501
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26149936
Year Built 1964
Lot Size 6,313 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractiv
Location
State CA
County Los Angeles
Area 135 - South East Torrance - East
Rooms
Kitchen Other, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry In Kitchen, Other, Washer, Dryer
Exterior
Parking Features Assigned Spaces, Garage, Other
Garage Spaces 5.0
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 7370022077
Special Listing Condition Not Applicable

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