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$3,990,000
13 Days On Site

5326 Lorna Street
Torrance, CA 90503

For Sale|Apartment|Active
0
Beds
0
Total Baths
7,820
SqFt
$510
/SqFt
1960
Built
County:
Los Angeles
Listed by Derf Fredericks of Fredericks Realty [email protected]

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310-363-9871
5326 Lorna Street5326 Lorna Street5326 Lorna Street5326 Lorna Street
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Prime 11-Unit Investment Opportunity in West Torrance Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal. The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses. Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability. From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity. Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location. This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.

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Listing Snapshot
Price 
$3,990,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,820 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3241 Acres
Year Built 
1960
MLS® Number 
SB26098719
Status 
Active
Property Tax 
$6,952
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.3241
Garage 
Yes
Garage Spaces 
11
Land Lease 
No
Lease Term 
12 Months
Levels 
Two
Number Of Stories 
1
Parking 
AssignedGarageGarage Door OpenerCommunity Structure
Parking Spaces 
11
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7820
Utilities 
Electricity AvailableNatural Gas AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
Gas CooktopGas Oven
Fireplace Features 
None
Flooring 
Vinyl
Heating 
Wall Furnace
Interior 
Storage
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Corner LotCul-De-Sac
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventionalOwner May CarrySubmit
MLS Area 
131 - West Torrance


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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