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$1,853,000
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Property Description
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio.
Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom.
The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike.
For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often.
Full Property Details
Full Property Details for 23209 Arlington Ave
General
- Sold For: $1,853,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26149936
- Added to Site: 103 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Kitchen, Living Room
- Interior Features: Ceiling Fan(s), Granite Counters
- Fireplace(s): None
- Appliances: Gas Cooktop, Refrigerator, Gas Range, Gas Oven
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Inside, In Kitchen, Washer Included, Dryer Included
Additional Information
- Shared Amenities: Water, Maintenance Front Yard, Sewer, Trash
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Garage, Assigned, Garage (Single Door), Driveway
- Parking: Garage, Assigned, Garage (Single Door), Driveway
Location
- Area: 135 - South East Torrance - East
- County: Los Angeles
- Development Name: 135 - South East Torrance - East
- Driving Directions: Between 232nd and 233rd St. South of Sepulveda
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Unit doors
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,468
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1449
- Lot Size Source: Assessor
- Zoning: TORR-OF
- Lot Description: Landscaped, Garden, Back Yard, Lawn, Yard
Financial Considerations
- Price Per Sq. Ft.: $414.73
- Price Per Unit: 474750
Listed by eXp Realty of California, Inc, Edward Kaminsky
Sold by Keller Williams Palos Verdes, Xingqun Zheng
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Schools
Schools serving 23209 Arlington Ave
School District:Torrance Unified School District
| Name | Grades | Distance |
|---|---|---|
Howard Wood Elementary School 2250 West 235th Street, Torrance, CA 90501 | PK-5 | 0.2 mi |
J. H. Hull Middle School 2080 231st Street, Torrance, CA 90501 | 6-8 | 0.1 mi |
Torrance High School 2200 West Carson Street, Torrance, CA 90501 | 9-12 | 1 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 23209 Arlington Ave
Date
Details
Price
Change
Source
9/10/2026
Sold
$1,853,000
-2.42%
MLS
7/11/2026
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
23209 Arlington Avenue, Torrance, CA 90501 (MLS# SB26149936) is a Multi-Family property that was sold at $1,853,000 on September 10, 2026. Want to learn more about 23209 Arlington Avenue? 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.

