22720 Harvard, Torrance, CA 90501
- $1,300,000
- Sold Price
- $1,300,000
- List Price
- $1,595,000
- Closing Date
- Dec 29, 2025
- Status
- CLOSED
- MLS#
- SB25231210
- Year Built
- 1955
- Lot Size
- 8,068
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre, Back Yard, Rectangular Lot
- Days on Market
- 48
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Mixed Use
Property Description
8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
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Additional Information
- Appliances
- Gas Range, Water Heater
- Pool Description
- None
- Heat
- Natural Gas, Wall Furnace
- Cooling Description
- None
- Exterior Construction
- Drywall, Concrete, Stucco, Copper Plumbing
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Ceramic Counters, Quartz Counters
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $137,060
- Operating Expense
- 45006
Listing courtesy of Listing Agent: Jim Porter (jim@porterheritage.com) from Listing Office: Porter Heritage.
Listing sold by Linda Hernandez from eXp Realty of California, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.