
Torrance, California 90502
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $783,252 Fair Market Value by 4%. This valuation gap offers $34,252 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home includes recent cosmetic updates and significant ADU Potential on its 5,912 sqft lot. While located in the Los Angeles Unified School District, its proximity to the 110 and 405 freeways ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1003 W 225th Subject | $749,000* List Price | 3 | 2 | 1,143 | $689 | - |
A 23229 Meyler Avenue Sold | $775,000 | 3 | 1 | 1,172 | $661 | 0.6 mi |
B 939 Belson Street Sold | $910,000 | 3 | 2 | 1,382 | $658 | 0.3 mi |
C 21337 Payne Sold | $825,000 | 3 | 2 | 1,233 | $669 | 0.8 mi |
D 938 Rayland Drive Sold | $915,000 | 3 | 2 | 1,528 | $599 | 0.6 mi |
E 1024 W 220th Sold | $625,000 | 3 | 1 | 1,012 | $618 | 0.4 mi |
F 1123 W 213th Sold | $855,000 | 3 | 2 | 1,352 | $632 | 0.9 mi |
G 23117 Meyler Ave Active Under Contract | $789,500 List Price | 3 | 1 | 1,225 | $644 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is dated but functional. While it features recent cosmetic updates like exterior paint (6 months) and new countertops (2 years), the overall condition remains dated. The presence of a portable AC unit suggests potential issues or lack of central HVAC, and the cracked driveway indicates deferred maintenance typical of the 'Fair' category.
The generous 5,912 sqft lot size offers significant potential for an Accessory Dwelling Unit (ADU), providing an excellent opportunity for rental income or multi-generational living.
The property features recent maintenance and upgrades, including exterior paint completed six months ago and countertops installed two years ago, reducing immediate move-in costs.
Strategically located near the 110 and 405 freeways, this home offers exceptional accessibility for commuters and is close to major shopping and dining hubs.
The property is situated within the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, which may impact long-term resale value for families.
With 1,143 square feet distributed across three bedrooms and two baths, the living spaces may feel relatively small and constrained for larger households.
Welcome to this 3 Bedroom and 2 full Bath with 1,143 sqft living space. Laminate Wood flooring throughout. Spacious lot size with potential for ADU, buyer to verify with city. Exterior paint was done about 6 months ago, and new countertops installed 2 years ago. 2 car attached garage. Conveniently located close to major freeways, 110 and 405 fwy. Close to shopping, dining, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,143 | 1,651.482 |
| Lot Size | 5,912 | 5,818.359 |
| Price | $749.0K | $1.25M |
| Price per sq ft | $655 | $775 |
| Built year | 1959 | 1955 |
| HOA | $0 | $190 |
| Days on market | 40 | 43 |
Jul 31, 2026
$749,000
Initial Listing
Sep 10, 2013
$281,000
Public Record
Jan 27, 2010
$281,000
Public Record
Oct 31, 2005
$595,000
Public Record
Jul 29, 2005
$484,000
Public Record
Nov 21, 1995
$159,000
Public Record