1546 W 223rd, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1546 W 223rd

Los Angeles, CA 90501
6,682 Lot Sq Ft
Built 1947
$1,000,000

Property Overview

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.

Home Details

Property type
Residential Income - Duplex
Year built
1947
Lot size
6,682 sq ft
Stories
1
Days on market
13
MLS status
Active
Architectural style
Ranch,Traditional

Features & Amenities

Interior

  • Open Floorplan
  • Stone Counters
  • Tile Counters
  • Unfurnished
  • All Bedrooms Down

Appliances

  • Gas Oven
  • Gas Range

Parking

  • Driveway Level
  • Driveway
  • Garage
  • On Site
  • Oversized
  • Paved
  • Pull Through
  • Rv Access Parking

Pool

  • None

Lot

  • Zero To One Unit Acre
  • Front Yard
  • Lawn

Community, Schools & Utilities

Community

View
CityLights,Neighborhood

Utilities

Heating
Central,WallFurnace
Cooling
Ductless,WallWindowUnits,Zoned
Electric
Standard
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1546 W 223rd

Los Angeles, CA 90501

Frequently Asked Questions About 1546 W 223rd

Property type: Residential Income

The current asking price is $1,000,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1546 W 223rd. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1947. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 13 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Lionel Franklin
MLS ID: SFRANLIO

Available property

$1,000,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.