
Arlington Square Apartments
Multifamily | 5.09% CAP | 36 Units
Marketing description
Arlington Square Apartments represents a rare, turnkey investment opportunity following an impressive $2M+ capital transformation completed over the past 24 months. This 36-unit garden-style community in Southeast Torrance has been comprehensively reimagined—from a complete exterior and interior rebrand to thoughtful amenity upgrades that have repositioned the asset for today's renters.
Built in 1964 and conveniently located approximately 20 miles south of Los Angeles and 5 miles from the beach, Arlington Square now showcases a modern aesthetic with fresh exterior paint, contemporary signage, and enhanced curb appeal. The ownership's vision extended beyond cosmetics: a newly designed courtyard with communal BBQ area creates an inviting social hub, while upgraded landscaping, controlled access entry, on-site laundry facilities and a brand-new leasing office round out the resident experience.
The renovation program speaks for itself: 33 of 36 units have been fully renovated and are generating strong rent premiums. Only three original-condition units remain, two occupied by long-term residents and one vacant unit currently offered at $2,195/month. This trio offers immediate, high-ROI value-add potential, as the sellers have secured the necessary permits to renovate the final 3 units.
With an attractive unit mix of one-, two-, and three-bedroom floor plans averaging approximately 746 square feet, 40 private garages (1.1:1 ratio), an on-site management office, and proximity to local shopping and dining, Arlington Square delivers the rare combination of a stabilized, cash-flowing asset with minimal remaining lease-up risk and a proven value-add playbook already executed.
Investment highlights
- 33 of 36 units fully renovated – turnkey and zero CapEx required
- Over $2 Million invested in the property in the last 24 months
- $100/unit below market – 5-10% rent upside without additional investment
- Upgraded units feature: quartz counters, stainless steel appliances, and vinyl plank flooring
- Torrance schools consistently rank in top 10% of California schools
- Prime Torrance location on Arlington Corridor near emerging Lomita downtown
- One-mile to Palos Verdes, three miles to Old Town Torrance, and five miles to the beach
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