About this home

Price reduced by $195,000! Prime Hollywood Riviera Location: 6-unit apartment located just two blocks from Torrance Beach, the Pacific Ocean, and within a few blocks of Riviera Village. Recent Capital Improvements: All new electrical panels and wiring (2025), updated plumbing drains (2024), and recent exterior and landscaping improvements. Outstanding Unit Mix: Comprised of (2) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units, and (2) 1-bedroom/1-bathroom units, with one of the 2-bedroom units delivered vacant. Desirable Property Amenities: Individual hot water heaters for each unit, six carport parking spaces, and a spacious, landscaped common area front yard. Large 8,747-SF Lot: Expansive parcel offering desirable ADU potential (Buyer to Verify). Strong Value-Add Opportunity: Rents are approximately 40% below market, equating to a 5.64% pro-forma cap rate and 12.91 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).

Facts and features

Schools

• Riviera Elementary School

  elementary · K-5 · 0.9 mi

  8

• Edward J. Richardson Middle School

  middle · 6-8 · 1.3 mi

  8

• South High School

  high · 9-12 · 1.3 mi

  10

• Riviera Hall Lutheran

  elementary · 0.2 mi

• St. Lawrence Martyr Elementary School

  elementary · 0.8 mi

• The Knowing Garden

  elementary · K-3 · 0.9 mi

Price history

• Oct 12, 2026 · Price Changed$3,300,000
• Aug 4, 2026 · Listed$3,495,000
• Nov 15, 2021 · Sold$3,700,000

Tax history

• 2025$44,269 tax · $4,004,997 assessed
• 2024$43,942 tax · $3,926,469 assessed
• 2023$43,123 tax · $3,774,000 assessed
• 2022$42,558 tax · $3,700,000 assessed
• 2021$5,586 tax · $373,227 assessed
• 2020$5,517 tax · $369,401 assessed
• 2019$5,450 tax · $362,159 assessed
• 2018$5,206 tax · $355,058 assessed

Home value

$4,293,136

• Quantarium$4,293,136
• Collateral Analytics$2,348,000

Where it is