1024 Cranbrook Avenue, Torrance, California 90503, Torrance, 90503 - 3 bed, 2 bath
Loading property details...
Torrance, California 90503
This Traditional Torrance Gardens Residence is listed at $1,100,000, offering a stable acquisition price that aligns perfectly with its $1,099,392 Fair Market Value. Maintaining a Condition Rating of 4, the property features timeless original hardwood floors, a cozy fireplace, and classic French doors opening to a private backyard with a covered patio. While the 1,577-square-foot interior requires cosmetic updates, the functional layout and location within the prestigious Torrance Unified School District provide a clear path for forced appreciation. This is an ideal opportunity for Owner-Occupants looking to build equity through customization or Value-Add Investors seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Cranbrook Avenue Subject | $1,100,000* List Price | 3 | 2 | 1,577 | $697 | - |
A 1014 Maple Avenue Sold | $1,070,000 | 3 | 3 | 1,668 | $641 | 0.2 mi |
B 1325 Florwood Sold | $1,300,000 | 3 | 2 | 2,039 | $638 | 0.4 mi |
C 3209 W Carson Street Sold | $1,080,000 | 3 | 2 | 1,333 | $810 | 0.6 mi |
D 20526 Avis Avenue Sold | $1,215,000 | 4 | 3 | 1,825 | $666 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this property is well-maintained but shows significant signs of being outdated, consistent with the 'fair' criteria. While the original hardwood floors are a plus and one bathroom has a newer vanity, the kitchen features older blue-painted cabinetry and dated tile flooring. The presence of popcorn ceilings, ornate vintage carpeting in the den, and older-style shower enclosures indicate that while the home is functional and livable, it has not undergone a major renovation in several decades and requires cosmetic updates (TLC) to meet modern standards.
Situated in the highly desirable Torrance Gardens neighborhood, this home offers access to award-winning Torrance schools and is conveniently located near major freeways and shopping centers.
The property retains timeless appeal with original hardwood floors, a cozy fireplace, and elegant French doors that create a seamless indoor-outdoor flow to the backyard.
With 1,577 square feet of living space including a dedicated den and a light-filled kitchen with an eat-in nook, the floor plan provides a versatile foundation for modern living.
The listing indicates the home requires 'TLC,' suggesting that buyers should anticipate additional investment for cosmetic updates or potential repairs to modernize the space.
The property features only a single-car garage, which may be a significant drawback for multi-vehicle households or those requiring extra storage space.
Welcome to this charming home located in the desirable Torrance Gardens neighborhood! This 3-bedroom, 2-bath residence offers a warm and inviting atmosphere with timeless character and incredible potential. Step through the entry into a cozy living room featuring a fireplace, perfect for relaxing evenings. Original hardwood floors add natural beauty and elegance throughout the home. The adjacent dining area opens to the backyard through classic French doors, creating a seamless indoor-outdoor flow. The light-filled kitchen offers a lovely view of the backyard and includes a quaint eat-in nook—ideal for casual meals and morning coffee. While the home could use a little TLC, it presents a wonderful opportunity to make it your own. A comfortable den showcases a distinctive ornate rug, adding unique charm and character. Additional highlights include a new stackable washer and dryer, well-sized bedrooms, and two bathrooms for convenience. Enjoy a private backyard retreat featuring a lemon tree and a covered patio area—perfect for outdoor dining or entertaining. The property also includes an attached single-car garage. Ideally located close to shopping, freeways, and award-winning Torrance schools, this home combines classic appeal, a great location, and endless possibilities. Don’t miss this opportunity to create your dream home in one of Torrance’s most sought-after neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,577 | 1,586 | 48% |
| Lot Size | 5,077 | 5,804 | 11% |
| Price | $1.10M | $1.36M | 13% |
| Price per sq ft | $698 | $874 | 26% |
| Built year | 1951 | 1955 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 160 | 2% |
Mar 25, 2026
$1,100,000
Initial Listing