Walteria (125) Homes with Apartment Subtype

Welcome to Walteria, a charming neighborhood nestled in the heart of Torrance, California. This picturesque enclave, known for its inviting atmosphere and friendly community, is an ideal place for those seeking a vibrant lifestyle in Los Angeles County. Walteria boasts a unique blend of suburban tranquility and urban convenience, making it a sought-after destination for families, young professionals, and retirees alike.

The homes in Walteria are as diverse as the residents who call this area home. With a variety of styles and sizes, you'll find everything from cozy single-family residences to modern apartments, catering to a wide range of preferences and budgets. Notably, the apartment subtypes in Walteria offer an excellent opportunity for those looking to invest in a property that combines comfort with accessibility. These apartments are designed with contemporary living in mind, featuring open floor plans, updated kitchens, and ample natural light, making them perfect for both relaxation and entertaining.

Living in Walteria means enjoying the best of both worlds: serene residential streets and easy access to the bustling life of Torrance. The community is conveniently located near top-rated schools, lush parks, and a variety of shopping and dining options. Whether you're taking a leisurely stroll through the neighborhood or enjoying a day at the beach just a short drive away, Walteria offers a lifestyle that's hard to resist.

Come discover why Walteria is more than just a place to live—it's a place to thrive! With its welcoming spirit and beautiful homes, this neighborhood is ready to welcome you home.

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.