1754 Martina Ave Immeuble residentiel 6 lots 1 492 430 € (248 738 €/Lot) Torrance, CA 90501

JLL, as exclusive advisor, is excited to present for sale 1754 Martina (“the property”), a 6-unit, value-add multifamily investment opportunity located
in the heart of the Historic Old Torrance submarket of Torrance, CA.
Built in 1962 and not subject to LA RSO rent control, 1754 Martina has been well kept by current ownership and is now available for sale for the first time in 40+ years. The property has a phenomenal unit mix featuring three 1-bedroom units, and three 2-bedroom units. 1754 Martina has a total of six parking spaces with four tuck-under and two private garage spaces.
The property offers significant value-add potential, with two renovated units and the remainder featuring original finishes. Current average rents are 83% below market rates, which present a golden opportunity for comprehensive upgrades including modern finishes, stainless steel appliances, and new flooring. By implementing these improvements and adopting an aggressive 5% plus CPI annual rent increase strategy, new ownership can substantially boost rental income, aligning the property with market standards and maximizing its financial performance.
Located in the highly desirable Torrance Unified School District, the property is directly opposite from Torrance High School and is within a one-mile radius of other nearby schools. Its strategic position provides excellent access to major industries, including the South Bay’s Aerospace and Defense sector, Santa Monica’s Silicon Beach, and the two largest ports on the West Coast -the Port of Los Angeles and the Port of Long Beach. This prime location ensures steady demand from a diverse pool of potential tenants, making 1754 Martina an attractive investment opportunity in a dynamic and growing market.