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$1,300,000
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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.
Full Property Details
Full Property Details for 22720 Harvard
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25231210
- Added to Site: 105 day(s) ago
Interior
- Rooms/Areas: Living Room
- Interior Features: Ceiling Fan(s), Ceramic Counters, Copper Plumbing (Full), Quartz Counters
- Fireplace(s): None
- Appliances: Gas Range, Water Heater
- Flooring: Carpet, Tile, Vinyl, Wood
Rooms
Other Rooms
- Laundry: In Kitchen, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Off-Street, Parking Space
- Parking: Assigned, Off-Street, Parking Space
Location
- Area: 122 - Harbor Gateway
- County: Los Angeles
- Development Name: 122 - Harbor Gateway
- Driving Directions: Western Avenue, east on 228th Street, north on Harvard Blvd
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Architectural Style: Traditional
- Foundation: Raised
- Roof: Composition, Shingle
- Windows: Double-Pane Windows
- Entry Location: courtyard
- Square Feet: 6,240
- Year Built: 1955
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1852
- Lot Size Source: Assessor
- Lot Dimensions: 89 x 90
- Lot Description: 0-1 Unit/Acre, Back Yard, Lot 6500-9999, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $208.33
- Price Per Unit: 199375
Listed by Porter Heritage, Jim Porter
Sold by eXp Realty of California, Inc., Linda Hernandez
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Schools
Schools serving 22720 Harvard
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Meyler Street Elementary School 1123 West 223rd Street, Torrance, CA 90502 | K-5 | 0.7 mi |
Alexander Fleming Middle School 25425 Walnut Street, Lomita, CA 90717 | 6-8 | 2 mi |
Nathaniel Narbonne Senior High School 24300 W.ern Ave., Los Angeles, CA 90710 | 9-12 | 1.1 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 22720 Harvard
Date
Details
Price
Change
Source
12/29/2025
Sold
$1,300,000
-18.5%
MLS
10/29/2025
Price Reduced
$1,595,000
-11.14%
MLS
10/03/2025
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
22720 Harvard, Torrance, CA 90501 (MLS# SB25231210) is a Multi-Family property that was sold at $1,300,000 on December 29, 2025. Want to learn more about 22720 Harvard? 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.

