About 22720 Harvard
8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Features of 22720 Harvard
| MLS® # | SB25231210 |
|---|---|
| Price | $1,595,000 |
| Sold Price | $1,300,000 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Lot Sqft | 8,068 |
| Acres | 0.19 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Style | Traditional |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 22720 Harvard |
|---|---|
| Area | 122 - Harbor Gateway |
| City | Torrance |
| County | Los Angeles |
| Zip Code | 90501 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Assigned, Off Street, One Space |
| Garages | Assigned, Off Street, One Space |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Tile, Vinyl, Wood |
|---|---|
| Interior Features | Quartz Counters, Ceiling Fan(s), Ceramic Counters |
| Appliances | Gas Range, Water Heater |
| Heating | Natural Gas, Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
Exterior
| Exterior | Drywall, Concrete, Stucco, Copper Plumbing |
|---|---|
| Lot Description | ZeroToOneUnitAcre, Back Yard, Rectangular Lot |
| Windows | Double Pane Windows |
| Roof | Composition, Shingle |
| Construction | Drywall, Concrete, Stucco, Copper Plumbing |
| Foundation | Raised |
Additional Information
| Date Listed | October 3rd, 2025 |
|---|---|
| Date Sold | December 29th, 2025 |
| Days on Market | 48 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jim Porter |
|---|---|
| Office | Porter Heritage |