




5326 Lorna St, Torrance, CA, 90503
About This Home
Prime 11-Unit Investment Opportunity in West Torrance Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal. The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses. Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability. From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity. Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location. This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.
Getting Around
Schools
Construction
Condition
- Year built: 1960
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Cooktop,Gas Oven
- Laundry features: Common Area
Features
- Storage
- Flooring: Vinyl
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 7,820
- Total interior livable area: 7,820 sqft
Property
Accessibility
- Accessibility features: No Stairs
Details
- Parcel number: 7519001065
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot,Cul-De-Sac
Parking
- Total spaces: 11
- Parking features: Assigned,Garage,Garage Door Opener,Community Structure
- Has garage: Yes
- Attached garage spaces: 11
- Covered spaces: 11
