23209 Arlington Avenue, Torrance, California 90501
- $1,899,000
- $1,899,000
Overview
- Quadruplex, Residential Income
- 3.0
- 4468 Sqft
- 1964
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 attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property’s condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you’re expanding an established portfolio or making your next strategic acquisition, opportunities like this don’t come along often.
Address
Open on Google Maps-
Address: 23209 Arlington Avenue
-
City: Torrance
-
State/county: CA
-
Zip/Postal Code: 90501
-
Country: US
Details
Updated on July 11, 2026 at 5:23 pm-
Property ID SB26149936
-
Price $1,899,000
-
Property Size 4468 Sqft
-
Land Area 0.1449 Acres
-
Garages 3.0
-
Year Built 1964
-
Property Type Quadruplex, Residential Income
-
Property Status Active
Additional details
-
Listing Terms Cash, Cash to New Loan, Conventional, Contract
-
Sewer Public Sewer
-
Cooling Wall/Window Unit(s)
-
Heating Wall Furnace
-
Flooring Laminate
-
County Los Angeles
-
Property Type Residential Income
-
Pool None
-
Parking Assigned, Door-Single, Driveway, Garage
-
Community Features Curbs, Sidewalks
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees