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Arlington Square Apartments 23805 Arlington Ave 36 Unit Apartment Building $22,127,322 CAD ($614,648 CAD/Unit) 5.09% Cap Rate Torrance, CA 90501

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INVESTMENT HIGHLIGHTS

  • 33 of 36 units fully renovated – turnkey and zero CapEx required
  • $100/unit below market – 5-10% rent upside without additional investment
  • Prime Torrance location on Arlington Corridor near emerging Lomita downtown
  • Over $2 Million invested in the property in the last 24 months
  • Upgraded units feature: quartz counters, stainless steel appliances, and vinyl plank flooring
  • One-mile to Palos Verdes, three miles to Old Town Torrance, and five miles to the beach

EXECUTIVE SUMMARY

Arlington Square Apartments represents a rare opportunity to acquire a completely turnkey, 36-unit apartment community in one of Southern California’s most desirable coastal markets. Located in the heart of Southeast Torrance along the thriving Arlington Avenue corridor, this property delivers immediate cash flow with clear, built-in upside—no additional capital required. The value-add work is complete. With comprehensive renovations finished throughout 33 of 36 units—including modern kitchens with quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and contemporary fixtures—the property is 100% stabilized with zero deferred maintenance. The immediate value creation requires zero capital input. NOI can be increased by 5–10% in Year 1 through simple lease rollovers to market rates. Furthermore, three unrenovated units remain, offering an opportunity for high ROI.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $22,127,322 CAD
Price Per Unit $614,648 CAD
Sale Type Investment
Cap Rate 5.09%
Gross Rent Multiplier 13.95
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.89 AC
Building Size 26,846 SF
No. Stories 2
Year Built/Renovated 1964/2025
Zoning TORR-OF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Quartz Countertops

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Property Manager on Site
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $3,335 CAD 650
2+1 15 $3,943 CAD 800
2+2 3 $4,212 CAD 800
3+2 2 $4,873 CAD 1,000
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7371-027-027
Land Assessment
$4,749,426 CAD (2025)
Improvements Assessment
$11,513,760 CAD (2025)
Total Assessment
$16,263,186 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38571226

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 23805 Arlington Ave, Torrance, CA 90501

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