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.

Last Updated	7/3/2026	Year Built	1947
Community	122 - Harbor Gateway	County	Los Angeles

Additional Details

AIR	Ductless, Wall/Window Unit(s), Zoned
AIR CONDITIONING	Yes
APPLIANCES	Gas Oven, Gas Range
AREA	122 - Harbor Gateway
CONSTRUCTION	Stucco
GARAGE	Yes
HEAT	Central, Wall Furnace
INTERIOR	Open Floorplan, Stone Counters, Tile Counters
LOT	6682 sq ft
LOT DESCRIPTION	Front Yard
LOT DIMENSIONS	6682
PARKING	Driveway, Garage, On Site, Oversized, Paved, RV Access/Parking
POOL DESCRIPTION	None
SEWER	Public Sewer
STORIES	1
STYLE	Ranch, Traditional
UTILITIES	Cable Available, Electricity Available, Sewer Available, Water Available
VIEW	Yes
VIEW DESCRIPTION	City Lights, Neighborhood
WATER	Public

Location

 

Contact us about this Property

---