1520 W 215th
Torrance, CA, 90501
$1,575,000
Original list price: $1,650,000
MLS: PW26006679
Beds
5
Baths
3
Sq Ft
2,315
Lot
0.16 ac
Year Built
1955
MLS #
PW26006679
Days on Market
152
Listed
Jan 14, 2026
Description
RARE TURNKEY investment opportunity featuring THREE PERMITTED VACANT UNITS in a Single Family Home Dwelling with major system upgrades and strong income potential! This well-maintained property offers an ideal setup for owner-users or investors seeking cash flow, house-hacking, or multi-generational living. The front unit (1520) is a spacious 3-bedroom residence featuring bamboo and tile flooring, a generously sized living area, an updated bathroom, and an upgraded kitchen, making it highly desirable for long-term tenants or owner occupancy. The JADU (1522 ½) was completed and fully permitted in 2023, offering modern efficiency with newer electrical, recess lighting, mini-split heating and cooling, a fully updated kitchen and full bathroom, and sliding door access to the backyard and patio—perfect for maximizing rental appeal. The rear ADU (1522), built in 2018, is an oversized 1-bedroom, 1-bath unit with an expansive living room and floor-to-ceiling sliding doors opening to the backyard and patio. This unit features a kitchen with a portable granite-top island, recessed lighting, upgraded dual-pane windows for abundant natural light, and a gas fireplace to entertain and enjoy! Bamboo and tile flooring is installed throughout for design and durability. Property has double pane energy efficient windows throughout and is wired for a rear jacuzzi, pre-wired for interior and exterior security cameras, and is sprinkler ready. Additional cost saving upgrades includes full exterior including security gates and block walls were painted in 2024 along with ABS replacement of the main sewer line. Owner may take advantage of FHA and Conventional financing for owner occupy income earning opportunity. Take advantage of the strong cash flow, rental upside, and long-term appreciation potential—a true income-producing asset ready for immediate returns.
Location
Torrance, Los Angeles County, CA 90501
Open on Google Maps ↗Listed by: Sarah Bui · Luxre Realty, Inc.
Payment estimate
$11,509
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $157,500 · Loan: $1,417,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,978
- Property tax (1.25%)
- $1,641
- Homeowners insurance
- $300
- Mortgage insurance
- $591
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Torrance home with as little as 3.5% down using an FHA loan — roughly $55,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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