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1546 W 223rd StLos Angeles, CA 90501

For Sale

$1,000,000

Smart Buyer Rebate $10,000

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.

Listed by Lionel Franklin

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License #01730363

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Keller Williams Realty Irvine

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714-580-1047

Last updated July 16, 2026

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Source: CRMLS #OC26113977

Listing Facts

  • TypeSingle-family
  • NeighborhoodGateway L.A.
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu29
  • Size1,360 sqft
  • Price per sqft$735

Amenities

  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/03/2026
Listed by Keller Williams Realty Irvine
$1,000,000

Property Details for 1546 W 223rd St

Association

Amenities

  • Community Features: Curbs, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: House
  • Year Built: 1947
  • Architectural Style: Ranch, Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: Front Door

Features

  • Fencing: Block, Privacy, Wrought Iron
  • Patio And Porch Features: Enclosed, Front Porch
  • Road Frontage Type: City Street
  • View: City Lights, Neighborhood

Measurements

  • Lot Features: Front Yard
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,682
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,682
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 7347002007

Interior

Features

  • Appliances: Gas Oven, Gas Range
  • Flooring: Laminate, Vinyl, Wood
  • Interior Features: Eat-in Kitchen, Open Floorplan, Stone Counters, Tile Counters

Measurements

  • Living Area: 1,360
  • Living Area Source: Estimated
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home, Grip-Accessible Features

Location

  • Tax Lot: 233

Parking

Parking

  • Garage: Yes
  • Parking Features: Driveway, Garage, On Site, Oversized, Paved, RV Access/Parking

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Cooling: Ductless, Wall/Window Unit(s), Zoned
  • Has Cooling: Yes
  • Heating: Central, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 1546 W 223rd St.

How does 1546 W 223rd St compare to other single-family homes in Gateway L.A.?

This single-family home is listed 2% below the average price for single-family homes in Gateway L.A. and has been on the market for 72 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,360 sqft.

1546 W 223rd St is a 3-bedroom, 2-bath single-family home for sale in Los Angeles CA 90501. On Prevu for 29 days at $1,000,000. This residence features 1,360 square feet of living space, located in Gateway L.A.. The median listing price for single-family homes in this area is $970,000. Additional amenities include private outdoor space, parking, and swimming pool. Explore more single-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.