$1,000,000

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… Read More 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. Read Less

Courtesy of Lionel Franklin, Keller Williams Realty Irvine

Listing Snapshot

Days Online

Last Updated

Aug 30, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,360

Lot Size

0.15 Acres

Year Built

1947

MLS Number

OC-26113977

Additional Details

Property Access

Road frontage type: City Street, Road surface type: Paved

Appliances & Equipment

Gas Oven, Gas Range

Building

Built in 1947, Building area total: 1,360, Architectural style: Ranch, Traditional, Construction materials: Stucco

Community

Curbs, Sidewalks, Street Lights, Urban

Cooling

Ductless, Wall/Window Unit(s), Zoned

Fence

Privacy, Wrought Iron, Block

Fireplaces

None

Floors

Vinyl, Laminate, Wood

Heating

Wall Furnace, Central

Interior Features

Open Floorplan, Stone Counters, Tile Counters, Unfurnished, Remodeled Kitchen, Utility Sink

Laundry

Gas Dryer Hookup, Washer Hookup

Lot

0.15 acres, 6,682 square feet, Area: 6,682, Front Yard, Lawn, 0-1 Unit/Acre

Parking

Driveway

Pool

None

Property

View: City Lights

Roof

Shingle, Common Roof

Security Features

Fire and Smoke Detection System

Sewer

Public Sewer

Spa

None

Utilities

Sewer Available, Water Available, Cable Available, Electricity Available

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

1546 West 223rd

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send