1546 W 223rd
Los Angeles, CA 90501
Listing broker / agent: Keller Williams Realty Irvine · Lionel Franklin · 714-580-1047 · CRMLS
MLS # OC26139958 · Last checked Oct 20, 2026 20:50 UTC
About this property
Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger, this opens the door to scale, portfolio growth, family compound possibilities, income expansion, or a long-term hold strategy. Perfectly positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers connectivity to major employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Torrance remains one of Southern California’s most sought-after rental and ownership markets, making this a standout opportunity for buyers who understand location, flexibility, and income potential. Whether you are searching for income, a live-and-rent opportunity, multigenerational living, or the chance to secure a rare Torrance asset with upside, 1546 W 223rd Street delivers. Don’t miss your chance to own a flexible two-home property in one of the South Bay’s strongest markets.
Property details
- MLS number
- OC26139958
- Status
- Active
- Type
- Residential Income
- Subtype
- Duplex
- Lot size
- 0.1534 acres
- County
- Los Angeles
- Year built
- 1947
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 13
Building
- Year built
- 1947
- Year built source
- Public Records
- Architectural style
- Ranch, Traditional
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Stucco
- Roof
- Common Roof, Shingle
Rooms & interior
- Rooms
- Bedroom, Family Room, Kitchen, Living Room
- Appliances
- Gas Oven, Gas Range
- Interior features
- Open Floorplan, Stone Counters, Tile Counters, Unfurnished, All Bedrooms Down
- Flooring
- Laminate, Vinyl, Wood
- Heating
- Central, Wall Furnace
- Cooling
- Ductless, Wall Window Units, Zoned
- Fireplace
- None
- Laundry
- Washer Hookup, Gas Dryer Hookup
- Accessibility features
- Safe Emergency Egress From Home, Grab Bars, No Stairs, Parking
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Parking
- Driveway Level, Driveway, Garage, On Site, Oversized, Paved, Pull Through, Rv Access Parking
- Pool
- None
- Spa
- None
- Lot features
- Zero To One Unit Acre, Front Yard, Lawn
- Lot size source
- Assessor
- Fencing
- Block, Privacy, Wrought Iron
- Property outlook
- City Lights, Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
- Community features
- Street Lights, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Meyler Street Elementary (school website, opens in a new tab) Los Angeles Unified · Torrance | K–5 | 0.6 mi |
| Halldale Elementary (school website, opens in a new tab) Los Angeles Unified · Torrance | K–5 | 0.7 mi |
| Gene Drevno Community Day (school website, opens in a new tab) Torrance Unified · Torrance | 7–12 | 0.9 mi |
| J. H. Hull Middle Torrance Unified · Torrance | 6–8 | 0.9 mi |
| Torrance Elementary Torrance Unified · Torrance | K–5 | 0.9 mi |
| Torrance High Torrance Unified · Torrance | 9–12 | 1.0 mi |
| Shery (Kurt T.) High (Continuation) Torrance Unified · Torrance | 9–12 | 1.1 mi |
| Stephen M. White Middle (school website, opens in a new tab) Los Angeles Unified · Carson | 6–8 | 1.2 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,000,000
- MLS-reported original asking price
- $1,000,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:32 | $1,000,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
552 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 21:38 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗