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We are pleased to present 1542 W 223rdStreet, a rare South Bay opportunity located in the heart of Torrance. Positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 Freeways, the property offers excellent connectivity to major job centers, beaches, and lifestyle amenities across Los Angeles County. Situated on a 6,681 square foot parcel, 1542 W 223rd Street provides investors and owner-users alike with immediate functionality and future upside. The property includes a mix of (1) non-conforming studio, (1) 1 Bedroom/1 Bath, and (1) 2 Bedroom/1 Bath. Buyers may explore SB-9 eligibility for a potential lot split (Buyer to Verify) and the ability to add detached Accessory Dwelling Units (ADUs) (Buyer to Verify), creating long-term flexibility and additional income opportunities. The property is also available alongside 1546 W 223rdStreet, allowing the rare chance to acquire two side-by-side parcels in Torrance for scale, future optionality, and value creation. Torrance continues to rank among the strongest rental and ownership markets in Southern California. The city features a majority renter population with a median household income exceeding $100,000, supporting stable rental demand and long-term performance. Proximity to California State University Dominguez Hills, El Camino College, and Los Angeles Harbor College further reinforces consistent tenant demand from students, faculty, and staff. Beyond its immediate strengths, Torrance stands to benefit from long-term growth tied to steady job creation, population expansion, and infrastructure improvements ahead of the 2028 Los Angeles Olympics. This global event is expected to increase visibility and investment across the South Bay, further bolstering rental demand and property values.1542 W 223rd Street represents a versatile investment with multiple strategies: occupy the property as an owner-user, lease for consistent income, or combine with the adjacent parcel to unlock a larger footprint. In one of the South Bay's most supply-constrained and desirable locations, this property offers both stability today and upside for tomorrow.
Property Type(s):
Residential Income
| Last Updated | 9/18/2025 | Year Built | 1920 |
|---|---|---|---|
| Community | 122 - Harbor Gateway | County | Los Angeles |
Additional Details
| AREA | 122 - Harbor Gateway |
|---|---|
| LOT | 6682 sq ft |
| LOT DIMENSIONS | 40x167 |
| STORIES | 1 |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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