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$1,100,000
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Property Description
We are pleased to present 1546 W 223rd Street, 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 6,680 square foot parcel, 1546 W 223rd Street provides investors and owner-users alike with immediate functionality and future upside. The property includes a mix of (2) 2 Bedroom/1 Bath units. 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 1542 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. 1546 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.
Full Property Details
Full Property Details for 1546 W 223rd St
General
- Price: $1,100,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25594175
- Updated: 9/18/2025
- Added to Site: 121 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: None
Parking
- Garage Description: Other
Location
- Area: Harbor Gateway
- County: Los Angeles
- Driving Directions: To reach 1546 W 223rd St, Torrance from the I-405 and I-110 freeway junction, take I-405 S toward Long Beach. Exit at Wilmington Ave and head south. Turn right onto W 223rd St, continue west, and the destination will be on your left.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Square Feet: 1,360
- Sq. Ft. Source: Owner
- Year Built: 1947
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1534
- Lot Size: 6682
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 167
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $808.82
- Assessment Year: 1947
Disclosures and Reports
- Disclosures/Reports: None
- APN: 7347-002-007
Listed by Marcus & Millichap, Oscar Diaz
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Schools
Schools serving 1546 W 223rd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Meyler Street Elementary School 1123 West 223rd Street, Torrance, CA 90502 | K-5 | 0.6 mi |
Alexander Fleming Middle School 25425 Walnut Street, Lomita, CA 90717 | 6-8 | 2.3 mi |
Nathaniel Narbonne Senior High School 24300 W.ern Ave., Los Angeles, CA 90710 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1546 W 223rd St
Date
Details
Price
Change
Source
9/18/2025
Listed
$1,100,000
120%
MLS
10/21/2022
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1546 W 223rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,626
4%
$680,421
4%
2023
$8,322
47%
$654,000
47%
2022
$5,669
1%
$446,205
2%
2021
$5,626
-1%
$439,601
1%
2020
$5,679
4%
$435,094
2%
2019
$5,462
2%
$426,564
2%
2018
$5,334
151%
$418,200
176%
2017
$2,129
3%
$151,270
2%
2016
$2,077
2%
$148,305
2%
2015
$2,046
—
$146,078
2%
2014
$2,056
—
$143,217
—
2013
$2,052
—
$142,571
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1546 W 223rd St
1546 W 223rd St, Torrance, CA 90501 (MLS# 25594175) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 1546 W 223rd St is currently listed for $1,100,000 and was received on September 18, 2025. Want to learn more about 1546 W 223rd St? Do you have questions about finding other Multi-Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.

