Multifamily
226th Street Apartments
1536 226th St, Torrance, CA 90501
Listing Price: $3,950,000
Investment Overview
Marcus & Millichap is pleased to present the 226th Street Apartments, a 14-unit property located in the highly desirable rental market of Torrance, California. This property features (10) single-story units and (4) newly constructed Accessory Dwelling Units (ADUs) completed in 2025. The asset spans two contiguous lots totaling approximately 14,398 square feet.
The unit mix includes (4) three-bedroom/ two-bathroom ADUs and (10) one-bedroom/ one-bathroom units. The ADUs are highly upgraded, featuring modern kitchens and bathrooms, quartz countertops, recessed lighting, individual water heaters, A/C, and contemporary appliances. Tenants enjoy easy access to freeways, schools, retail, employment hubs, and entertainment.
Torrance remains a high-demand rental market, characterized by strong occupancy, steady rent growth, and consistent tenant demand, making it one of the most resilient submarkets within the South Bay region of Greater Los Angeles.
226th Street Apartments
Investment Highlights
- Prime Location in Torrance Rental Market
- 5.68% CAP Rate (Current) / 8.70% CAP Rate (Pro Forma)
- Attractive Unit Mix: (4) Newly Built Three-Bedroom ADUs + (10) Single-Story One-Bedroom Units
- 2025 Construction ADUs with Modern Premium Finishes Throughout
- Separately Metered for Gas & Electricity
- 32% Upside in Rents
- Low-Expense Asset with Stable Cash Flow
- Close Proximity to Major Freeways, Schools, Shopping, & Employment Centers
Exclusively Listed By
Listing Price: $3,950,000
Investment Highlights
- Prime Location in Torrance Rental Market
- 5.68% CAP Rate (Current) / 8.70% CAP Rate (Pro Forma)
- Attractive Unit Mix: (4) Newly Built Three-Bedroom ADUs + (10) Single-Story One-Bedroom Units
- 2025 Construction ADUs with Modern Premium Finishes Throughout
- Separately Metered for Gas & Electricity
- 32% Upside in Rents
- Low-Expense Asset with Stable Cash Flow
- Close Proximity to Major Freeways, Schools, Shopping, & Employment Centers
Investment Overview
Marcus & Millichap is pleased to present the 226th Street Apartments, a 14-unit property located in the highly desirable rental market of Torrance, California. This property features (10) single-story units and (4) newly constructed Accessory Dwelling Units (ADUs) completed in 2025. The asset spans two contiguous lots totaling approximately 14,398 square feet. The unit mix includes (4) three-bedroom/ two-bathroom ADUs and (10) one-bedroom/ one-bathroom units. The ADUs are highly upgraded, featuring modern kitchens and bathrooms, quartz countertops, recessed lighting, individual water heaters, A/C, and contemporary appliances. Tenants enjoy easy access to freeways, schools, retail, employment hubs, and entertainment. Torrance remains a high-demand rental market, characterized by strong occupancy, steady rent growth, and consistent tenant demand, making it one of the most resilient submarkets within the South Bay region of Greater Los Angeles.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
