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1557 Plaza del Amo, Torrance, CA, 90501

1557 Plaza del Amo

$1,748,000

Key Information

Cap Rate
5.84%
$ per SF
$225
Tot. SF
7,772
Lot Size
0.27 Acres
Units
8
Year Built
1985
Type
Apartments
Occupancy
100%
NOI
$102,026

Highlights

• 100% Occupied 8-Unit Multifamily Asset in Torrance — Fully occupied property in one of the South Bay’s most established and sought-after rental markets, offering stable in-place income.
• Approximately 34% Rental Upside to Market — The property is not subject to the City of LA RSO. It falls under AB 1482, which allows a new owner to raise rents annually by 5% plus CPI while resetting to market as units turn. Current rents average $1,834 per month, compared to $2,450 per month at market.
• Large 2 Bed / 2 Bath Floorplans — All eight units are 2 bed / 2 bath layouts averaging approximately 970 SF, with select units offering private patios or balconies.
• Gated and Secured Property — The community is gated, with rear parking that includes private carport and garage spaces.
• Priced Below Sales Comps — At $225/SF and $218,500 per unit, the asking price sits below the sales comp averages of $308/SF and $237,695 per unit.
• Established South Bay Location — Torrance is anchored by aerospace and advanced manufacturing, with over 39,700 residents and a $93,628 median household income within one mile.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245