Walteria (125) Homes with Apartment Subtype

Welcome to Walteria, a charming neighborhood nestled in the heart of Torrance, California, within the vibrant Los Angeles County. Known for its friendly atmosphere and community-oriented spirit, Walteria offers a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Walteria is characterized by its picturesque tree-lined streets, well-maintained parks, and a strong sense of community. Residents enjoy easy access to a variety of local amenities, including quaint shops, diverse dining options, and top-rated schools. The nearby Torrance Beach and the scenic Del Amo Fashion Center provide endless opportunities for recreation and shopping, ensuring that there's always something to do.

When it comes to housing, Walteria boasts a selection of beautiful homes with apartment subtypes, catering to a range of lifestyles and budgets. Whether you’re searching for a cozy apartment or a spacious multi-family residence, you’ll find properties that offer modern amenities and charming architectural styles. Many homes in the area feature well-designed floor plans, private outdoor spaces, and easy access to local parks, making them perfect for both relaxation and entertaining.

In addition to its prime location and appealing homes, Walteria is also known for its strong sense of community. Neighborhood events and gatherings foster connections among residents, ensuring that newcomers feel right at home. With its unique blend of charm, convenience, and community spirit, Walteria is truly a hidden gem in Torrance, inviting you to discover the joys of living in this delightful neighborhood.

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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