1557 Plaza Del Amo, Torrance, CA 90501
1557 Plaza Del Amo, Torrance, CA 90501
1557 Plaza Del Amo, Torrance, CA 90501
1557 Plaza Del Amo, Torrance, CA 90501
1557 Plaza Del Amo, Torrance, CA 90501
1557 Plaza Del Amo, Torrance, CA 90501
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Lawrence Velo

Lawrence Velo

+1(949) 791-9131
$ 1,748,000
Est. payment | /mo

16 Beds

16 Baths

7,772 SqFt

Save
$ 1,748,000
Est. payment | /mo
Save

16 Beds

16 Baths

7,772 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,772 sqft

Price per Sqft $224

MLS Listing ID 26106923

Bedrooms 16

HOA Y/N No

Year Built 1985

Lot Size 0.267 Acres

Property Description

1557 Plaza del Amo offers the opportunity to acquire a fully occupied, 8-unit multifamily asset in Torrance, one of the South Bay's most established and sought-after rental markets. Built in 1985, the property combines stable in-place income with a clear, defined path to a meaningful increase in cash flow. The property consists of eight 2 bed / 2 bath units averaging approximately 970 square feet per unit. The generous floorplans, with select units offering private patios or balconies, are a standout for the submarket and support strong, consistent tenant demand. The property is gated and secured, with rear parking consisting of private carport and garage spaces. The building is 100% occupied, with in-place rents approximately 34% below current market. As the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and is governed by AB 1482, a new owner can systematically bring rents to market as units turn, creating a clear value-add path without a major renovation program. Owner pays water, sewer, trash, gardener, and common area electric and gas. Tenants pay unit electric and gas. Torrance is a core South Bay submarket with a deep and diverse renter pool, supported by major employers in aerospace, healthcare, and logistics, as well as proximity to LAX and El Segundo. Residents enjoy convenient access to the 405, 110, and 107 freeway corridors, Del Amo Fashion Center, Torrance Memorial Medical Center, Downtown Torrance, and the South Bay beaches. Consistently limited supply and strong schools and amenities continue to draw long-term renters, keeping vacancy low and supporting durable rent growth across the submarket. Offering Memorandum available upon request. Seller is a licensed California real estate broker.

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LARD1.5

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Common Area

Exterior

Parking Features Carport, Gated

Total Parking Spaces 16

Building

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7347007046

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Nabil Awada Matthews Real Estate Investment Services #02046840

Nearby Locations

Lawrence Velo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 791-9131

lawrencerealtor1@gmail.com

15935 Whittier Blvd, Whittier, CA 90603

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1557 Plaza Del Amo