48,156 sqft

$18,000,000

24065 Ocean Avenue, Torrance CA, 90505

Price per sqft$373.79

Built in1962

Property size48,156 sqft

Property typeCondominium

Bought with John Katnik with BRC Advisors- BH and Listed by Theodore Gardner CA DRE# 00328734 with Gardner 310-489-1410

Overview

Sold

Closed

Listed Dec 11, 2024

Updated Jun 19

**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!** For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torrance’s most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents. The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets. Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail. **Disclaimer:** The information provided is subject to change.

Additional information

MLS^® ID: SB24247906

Interior Features

Basement: No

Exterior Features

Lot Size: 1.27 Acres

Other Property Details

Maintenance Expense: $47,447
Garage: Yes
55+/Senior Community: No

Bought with John Katnik with BRC Advisors- BH and Listed by Theodore Gardner CA DRE# 00328734 with Gardner 310-489-1410

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:57 PM UTC Last Checked: 1:57 PM UTC