1020 W 220th Street, Torrance, California 90502, Torrance, 90502 - 2 bed, 1 bath
Loading property details...
Torrance, California 90502
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $580,262 Fair Market Value by -20%. While the home requires significant capital investment due to its Poor Condition Rating and original 1952 kitchen, the expansive 5,939 square foot lot offers substantial upside for an ADU or home extension. Its strategic location near medical facilities and freeways ensures long-term rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 W 220th Street Subject | $699,000* List Price | 2 | 1 | 812 | $715 | - |
A 1024 W 220th Sold | $625,000 | 3 | 1 | 1,012 | $618 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 72 years old with an original 1952 kitchen and likely outdated systems, as evidenced by the portable AC unit. While the bathroom is upgraded, the age and need for a kitchen rehab fall into the poor category based on the 30+ year criteria.
The generous 5,939 square foot lot provides significant space for outdoor living, gardening, or the potential to add an Accessory Dwelling Unit (ADU) or home extension.
Ideally situated near major medical facilities, diverse shopping options, and key freeway access, offering high convenience for commuters and healthcare professionals.
The property features a modernized bathroom and the highly desirable convenience of an indoor laundry area, providing immediate functional value to the buyer.
At only 812 square feet, the home's compact footprint may be a constraint for growing families or those requiring dedicated home office space.
The kitchen is in its original 1952 state, which will likely necessitate a significant capital investment for modern upgrades and aesthetic improvements.
Delightful cozy two bedroom home with up-graded bathroom, original kitchen and inside laundry. Large backyard to enjoy gardening and shady trees. One car attached garage. Close to restaurants, shopping, medical facilities and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 812 | 1,352 | 8% |
| Lot Size | 5,939 | 5,530 | 69% |
| Price | $699.0K | $857.5K | 15% |
| Price per sq ft | $861 | $640 | 88% |
| Built year | 1952 | 1957 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 121 | 12% |
Jun 8, 2026
$699,000
Initial Listing