Walteria (125) Homes with Apartment Subtype

Welcome to Walteria, a hidden gem nestled in the heart of Torrance, California. This charming neighborhood, part of the vibrant Los Angeles County, offers a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, friendly community atmosphere, and proximity to stunning Southern California beaches, Walteria is an ideal place to call home.

Walteria is renowned for its diverse selection of homes, particularly those with apartment subtypes. Whether you’re a first-time buyer looking for a cozy apartment or an investor seeking a lucrative rental property, this area has something for everyone. The apartment-style homes in Walteria are designed to maximize space and comfort, often featuring modern amenities, open floor plans, and private outdoor spaces. Many properties boast beautiful views of the surrounding hills and easy access to local parks, making it perfect for families and outdoor enthusiasts alike.

Living in Walteria means enjoying the best of both worlds—easy access to the bustling city life of Torrance while being just minutes away from the serene beaches of the Pacific Ocean. Residents can take advantage of excellent schools, vibrant shopping districts, and a variety of dining options, all within a short drive or bike ride.

As you explore the real estate opportunities in Walteria, you’ll discover a community that values both comfort and convenience. With its inviting atmosphere and attractive housing options, Walteria is not just a place to live; it’s a place to thrive. Come and experience the charm of Walteria for yourself!

Newest Walteria (125) Homes with Apartment Subtype

$14,950,000

OC26180225 MLS ⋅ Active Status

The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.

3929 W 242nd Street, Torrance

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.