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1542 W 223rd
Single Family Residence 
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1542 W 223rd 
$1,100,000
Offered at
Los Angeles, CA 90501
Los Angeles County
3
Beds
3
Baths
1,656
Sq Ft
6,682
Lot Sq Ft
1920
Year Built
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…
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 upside.
The opportunity becomes even more compelling with neighboring 1546 W 223rd Street also available, creating a rare chance to acquire side-by-side parcels in Torrance for scale, future planning, portfolio growth, or a larger South Bay footprint.
Located just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers strong connectivity to employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Three income streams, multiple possibilities, and a prime Torrance location make 1542 W 223rd Street an opportunity worth seeing.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Cooling: Central Air, Wall Window Units, Zoned
Appliances
- Included: Dishwasher, Gas Range, Microwave, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Outside
Features
- Flooring: Tile, Vinyl, Wood
- Has fireplace: No
Interior area
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 0
- Parking features: Concrete, Driveway Level, Driveway, Gated, Off Street, Paved, Pull Through, Rv Access Parking
- Garage spaces: 0
Features
- Stories: 1
- Patio & porch: Front Porch
- Has private pool: No
- Fencing: Privacy, Wrought Iron
- Has view: Yes
- View features: City Lights, Neighborhood
Lot
- Size: 0.15 Acres
- Features: Zero To One Unit Acre, Back Yard, Front Yard, Paved, Sprinkler System, Street Level, Yard
Details
- Parcel number: 7347002008
- Zoning: LAR1
Construction
Type & style
- Home type: Residential
- Architectural style: Modern, Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Raised, Slab
- Roof: Common Roof, Shingle
Condition
- Year built: 1920
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Keller Williams Realty Irvine · Listing Agent: Lionel Franklin · 714-580-1047 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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1542 W 223rd, Los Angeles, CA 90501
951-528-0626
mike@mzhomes.us
mzhomes.us
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