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Property Description
RARE OPPORTUNITY - TWO DETACHED HOMES ON AN EXPANSIVE 13,365 SQ. FT. LOT
A truly exceptional South Bay investment and owner-user opportunity! Located in the desirable LA County Strip/Torrance area, just the other side of Western. This unique property features two separate homes, both one-story, each offering 3 bedrooms and 2 bathrooms, situated on an extraordinary 13,365-square-foot lot. Both units are vacant.
Both residences are in excellent condition and offer comfortable, open floor plans with interior laundry. Each home has its own two-car garage, plus its own driveway, providing an abundance of parking rarely found with income properties of this size. One unit has an EV charging station, adding a modern convenience for today's lifestyle.
The expansive lot provides tremendous flexibility and potential, whether you're looking to live in one home and rent the other, accommodate extended family, or maximize rental income. The generous land area also offers opportunities for future improvements or additional development potential, subject to zoning and applicable approvals.
Conveniently located near shopping, restaurants, schools, major employment centers, beaches, and all that the South Bay has to offer.
TWO HOMES •6 BEDROOMS •4 BATHROOMS •13,365 SQ. FT. LOT •2 GARAGES •2 DRIVEWAYS •INTERIOR LAUNDRY •EV CHARGING
A property this versatile and substantial is a rare find in the South Bay and offers an exceptional opportunity for both investors and owner-users.
Full Property Details
Full Property Details for 1559 W 223rd
General
- Price: $1,499,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PV26217517
- Updated: 10/7/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Primary Suite, Primary Bathroom
- Interior Features: Quartz Counters, Recessed Lighting, Open Floorplan
- Fireplace(s): None
- Appliances: 6 Burner Stove, Water Heater, Microwave, Refrigerator, Gas Range, Dishwasher
- Flooring: Vinyl, Laminate
Rooms
Other Rooms
- Laundry: Individual Room, Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Direct Garage Access, Driveway
- Parking: Garage (Direct Access), Driveway
Location
- Area: 122 - Harbor Gateway
- County: Los Angeles
- Development Name: 122 - Harbor Gateway
- Driving Directions: East of Western
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Contemporary
- Foundation: Slab
- Roof: Composition
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,475
- Year Built: 1946
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: None
- Lot Size (Acres): 0.3068
- Lot Size (Sq. Ft.): 13,365
- Lot Size Source: Assessor
- Lot Dimensions: 80 x 167
- Lot Description: Level, Near Public Transit, Lot 10000-19999 Sqft, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $605.66
- Price Per Unit: 749500
Listed by Estate Properties, Lynn Lord
Get Pre-Approved Today
Schools
Schools serving 1559 W 223rd
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 |
Humanities And Arts (Harts) Academy Of Los Angeles 24300 S. W.ern Ave., Los Angeles, CA 90710 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1559 W 223rd
Date
Details
Price
Change
Source
10/07/2026
Listed
$1,499,000
—
MLS
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 1559 W 223rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,322
—
$470,237
2%
2025
$6,322
3%
$461,018
4%
2023
$6,152
4%
$443,118
2%
2022
$5,889
1%
$434,431
2%
2021
$5,807
-1%
$425,913
1%
2020
$5,857
4%
$421,547
2%
2019
$5,646
4%
$413,282
2%
2018
$5,422
2%
$405,179
2%
2017
$5,306
3%
$397,235
2%
2016
$5,167
22%
$389,447
25%
2015
$4,233
-1%
$311,522
2%
2014
$4,255
—
$305,420
—
2013
$4,249
—
$304,041
—
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 1559 W 223rd
1559 W 223rd, Torrance, CA 90501 (MLS# PV26217517) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1559 W 223rd is currently listed for $1,499,000 and was received on October 07, 2026. Want to learn more about 1559 W 223rd? 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.

