- 17 Beds
- 11 Baths
- .32 Acres
- 68 DOM
5326 Lorna Street
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.
Essential Information
- MLS® #SB26098719
- Price$3,600,000
- Bedrooms17
- Bathrooms11.00
- Acres0.32
- Year Built1960
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address5326 Lorna Street
- Area131 - West Torrance
- CityTorrance
- CountyLos Angeles
- Zip Code90503
Amenities
- Parking Spaces11
- # of Garages11
- ViewNone
- PoolNone
Utilities
Electricity Available, Natural Gas Available, Water Available
Parking
Assigned, Garage, Garage Door Opener, Community Structure
Garages
Assigned, Garage, Garage Door Opener, Community Structure
Interior
- InteriorVinyl
- Interior FeaturesStorage
- AppliancesGas Cooktop, Gas Oven
- HeatingWall Furnace
- CoolingNone
- FireplacesNone
- # of Stories1
- StoriesTwo
Exterior
- Lot DescriptionCorner Lot, Cul-De-Sac
Additional Information
- Date ListedMay 6th, 2026
- Days on Market68
Listing Details
- AgentDerf Fredericks
- OfficeFredericks Realty
Price Change History for 5326 Lorna Street, Torrance, (MLS® #SB26098719)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $3,700,000 to $3,600,000 | ||
| Price Reduced from $3,990,000 to $3,700,000 |
Derf Fredericks, Fredericks Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of July 13th, 2026 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.