5326 Lorna Street, Torrance, California 90503
- $3,600,000
- $3,700,000
- $3,600,000
- $3,700,000
Overview
- Apartment, Residential Income
- 11.0
- 7820 Sqft
- 1960
Description
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 accessibility and tenant appeal. The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses. Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability. From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity. Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location. This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.
Address
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Address: 5326 Lorna Street
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City: Torrance
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State/county: CA
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Zip/Postal Code: 90503
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Country: US
Details
Updated on July 6, 2026 at 6:03 pm-
Property ID SB26098719
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Price $3,600,000
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Property Size 7820 Sqft
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Land Area 0.3241 Acres
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Garages 11.0
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Year Built 1960
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, Owner May Carry, Submit
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Utilities Electricity Available, Natural Gas Available, Water Available
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Sewer Public Sewer
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Cooling None
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Heating Wall Furnace
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Flooring Vinyl
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Garage, Garage Door Opener, Community Structure
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Community Features Curbs, Street Lights, Sidewalks
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