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Los Angeles, CA

$1,000,000

1546 W 223rd, Los Angeles, CA
1947
Built
13
Days listed

About this home

Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger, this opens the door to scale, portfolio growth, family compound possibilities, income expansion, or a long-term hold strategy. Perfectly positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers connectivity to major employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Torrance remains one of Southern California’s most sought-after rental and ownership markets, making this a standout opportunity for buyers who understand location, flexibility, and income potential. Whether you are searching for income, a live-and-rent opportunity, multigenerational living, or the chance to secure a rare Torrance asset with upside, 1546 W 223rd Street delivers. Don’t miss your chance to own a flexible two-home property in one of the South Bay’s strongest markets.

Facts & features

Interior
Interior features
Open Floorplan, Stone Counters, Tile Counters, Unfurnished, All Bedrooms Down
Appliances
Gas Oven, Gas Range
Flooring
Laminate, Vinyl, Wood
Fireplace
None
Heating
Central, Wall Furnace
Cooling
Ductless, Wall Window Units, Zoned
Laundry
Washer Hookup, Gas Dryer Hookup
Levels
One
Spa
None
Exterior & lot
Lot size
0.153 acres (6,682 sq ft)
Pool
None
View
City Lights, Neighborhood
Architectural style
Ranch, Traditional
Year built
1947
Parking
Driveway Level, Driveway, Garage, On Site, Oversized, Paved, Pull Through, Rv Access Parking
Community
Area
122 - Harbor Gateway
County
Los Angeles
Community features
Street Lights, Sidewalks
Listing details
Status
Active
Property type
Duplex
Days on market
13
Listed
2026-07-03
Terms
Cash, Cash To New Loan, Conventional, Contract, Cal Vet Loan, Exchange 1031, Fha 203b, Fha 203k, FHA, Fannie Mae, Freddie Mac, Government Loan, Va Loan, Va No Loan, Va No No Loan
Parcel #
7347002007
MLS #
OC26139958
Listed by
Lionel Franklin · Keller Williams Realty Irvine

Location

Price history

Listed
$1,000,000 · 2026-07-03
Days on market
13
Current price
$1,000,000
Financing

Could this home be yours?

Estimated monthly payment
$6,273
$5,057 principal & interest · $1,217 taxes & insurance
$200,000
Estimate only
Loan $800,000

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Listing data provided by CRMLS

Listing courtesy of Keller Williams Realty Irvine. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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