1020 W 220th, Torrance, California 90502, Torrance, 90502 - 2 bed, 1 bath
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1020 W 220th
Torrance, California 90502
ACTIVE
CONDITION: FAIR
2Beds
1Baths
812Sq Ft
5,939Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$642,295
8% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $699,000—positioned well above the $642,296 Fair Market Value. While the home requires modernization, the 5,939 sqft lot and upgraded bathroom provide a solid foundation for value-add improvements. With a Condition Rating of 4, the property is functional but dated, offering significant potential for cosmetic updates to increase long-term equity. Its prime location near major freeways and medical facilities ensures lasting demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Estimated Market Value
$642,295
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 W 220th Subject | $699,000* List Price | 2 | 1 | 812 | $791 | - |
A 1024 W 220th Sold | $625,000 | 3 | 1 | 1,012 | $618 | 0.0 mi |
B 22903 Petroleum Active | $825,000 List Price | 3 | 1 | 968 | $852 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1952, this 72-year-old home is dated but functional. While the bathroom has been upgraded, the kitchen and laundry remain in their original condition. The presence of newer laminate flooring suggests some maintenance, but the age of the structure and original utility areas indicate a need for modernization and likely updates to older systems.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot Size
The property features a substantial 5,939 sqft lot, providing ample space for outdoor entertaining, gardening, or potential future expansion.
- Modernized Bathroom
The home includes a recently upgraded bathroom, offering a contemporary touch and reducing the immediate need for renovation in a key area.
- Prime Accessibility
Conveniently located near major freeways, medical facilities, and shopping centers, this home offers excellent connectivity for commuters and residents.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 812 square feet of living space, the home's compact footprint may feel restrictive for those requiring more room or storage.
- Original Kitchen Condition
The kitchen is described as 'original,' suggesting it likely requires a full modernization to meet current aesthetic and functional standards.
About 1020 W 220th
Welcome to this delightful cozy home with two bedrooms and an up-graded bathroom. Original family style kitchen and laundry room. One car attached garage and extra parking. Large back yard for relaxing and enough room for family & friends to gather and celebrate life. Close to restaurants, shopping, medical facilities and freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,939 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 812 | 1,651.482 |
| Lot Size | 5,939 | 5,818.359 |
| Price | $699.0K | $1.25M |
| Price per sq ft | $861 | $775 |
| Built year | 1952 | 1955 |
| HOA | $0 | $190 |
| Days on market | 6 | 43 |
Pricing History
Listed for Sale
Sep 3, 2026
$699,000
Initial Listing