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Key Details
Sold Price $1,853,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26149936
Sold Date 09/10/26
HOA Y/N No
Year Built 1964
Lot Size 6,311 Sqft
Property Sub-Type Quadruplex
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 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.
Location
State CA
County Los Angeles
Area 135 - South East Torrance - East
Zoning TORR-OF
Interior
Interior Features Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
Laundry Inside, In Kitchen
Exterior
Parking Features Assigned, Door-Single, Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Sidewalks
Amenities Available Maintenance Front Yard, Trash, Water
View Y/N Yes
View Neighborhood
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Garden, Lawn, Landscaped, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
HOA Fee Include Sewer
Senior Community No
Tax ID 7370022077
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Financing Conventional
Special Listing Condition Standard
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Bought with Xingqun Zheng Keller Williams Palos Verdes
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