Outstanding value-add or turnkey rental opportunity in charming Old Torrance. This well-maintained mid-century 5-unit building is delivered ready for immediate occupancy — an exceptional chance for investors to take possession without delay, lease at full market rents, and establish strong cash flow from day one. Thoughtful layouts make each residence feel like its own home, featuring back doors off the kitchen, built-in bookshelves, original hardwood floors in excellent condition, separate dining areas, and bright, inviting interiors. Most windows have been updated (all but one unit). Classic tile baths and included appliances maintain the vintage-modern appeal. The unit mix offers four spacious 4-1BD/1BA apartments and one 2BD/1BA residence with a fireplace and formal dining. On-site coin laundry adds ancillary income. Parking is convenient with four garages, driveway spaces, and plentiful street parking. Ideally located near Downtown Old Torrance’s shops and restaurants, Wilson Park, Del Amo Fashion Center, and Torrance High School, with proximity to major employers such as Honda HQ and Providence Little Company of Mary. Easy access to the 405 and 110 freeways and minutes to Redondo Beach ensure consistently strong rental demand.

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