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Torrance, CA

$1,899,000

23209 Arlington Avenue, Torrance, CA
1964
Built
2
Days listed

About this home

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.

Facts & features

Interior
Interior features
Ceiling Fans, Granite Counters, Walk In Closets
Appliances
Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
Flooring
Laminate
Fireplace
None
Heating
Wall Furnace
Cooling
Wall Window Units
Laundry
Inside, In Kitchen
Levels
Two
Spa
None
Exterior & lot
Lot size
0.145 acres (6,313 sq ft)
Pool
None
View
Neighborhood
Year built
1964
Parking
Assigned, Door Single, Driveway, Garage
Parking spaces
5
Community
Area
135 - South East Torrance - East
County
Los Angeles
Community features
Curbs, Sidewalks
Listing details
Status
Active
Property type
Quadruplex
Days on market
2
Listed
2026-07-03
Terms
Cash, Cash To New Loan, Conventional, Contract
Parcel #
7370022077
MLS #
SB26149936
Listed by
Edward Kaminsky · eXp Realty of California, Inc

Location

Price history

Listed
$1,899,000 · 2026-07-03
Days on market
2
Current price
$1,899,000
Financing

Could this home be yours?

Estimated monthly payment
$11,913
$9,602 principal & interest · $2,310 taxes & insurance
$379,800
Estimate only
Loan $1,519,200

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Listing data provided by CRMLS

Listing courtesy of eXp Realty of California, Inc. © 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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