1024 W 220th, Torrance, California 90502, Torrance, 90502 - 3 bed, 1 bath
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Torrance, California 90502
This Prime South Bay Fixer-Upper is a strategic acquisition listed at $690,000, located directly across from Harbor-UCLA Medical Center. While the Fair Market Value is $604,696, the price reflects the exceptional Strategic Location and Development Potential of the 5,938 sq ft lot. Currently holding a Condition Rating of 5, the 1952 structure requires full rehabilitation, offering a path for forced appreciation and rental demand from medical staff. This cash-only asset is an ideal high-reward project for Fix-and-Flip Investors or Contractors within the Los Angeles Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 W 220th Subject | $690,000* List Price | 3 | 1 | 1,012 | $598 | - |
A 1150 Levinson Street Sold | $685,000 | 3 | 2 | 1,287 | $532 | 0.5 mi |
B 22919 Broadwell Avenue Sold | $830,000 | 4 | 2 | 1,256 | $661 | 0.7 mi |
C 1007 W 213th Pending | $725,000 List Price | 3 | 2 | 1,352 | $536 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1952 property is explicitly marketed as a 'fixer' in original condition, requiring substantial rehabilitation. Interior images reveal significant deferred maintenance, including damaged drywall, outdated shag carpeting, and aged fixtures. Exterior photos show structural concerns such as deep stucco cracking, crumbling concrete at the base, and damaged eaves/soffits. The requirement for cash-only offers further confirms that the home's condition does not meet standard financing safety and soundness requirements.
Situated directly across from Harbor-UCLA Medical Center, this property offers exceptional rental or resale potential catering to medical professionals and staff.
The generous 5,938 sq ft lot includes a large detached shed and ample outdoor space, providing significant flexibility for expansion, ADU potential, or redevelopment.
Priced as a prime South Bay fixer-upper, this home presents a high-value opportunity for investors or contractors to build significant equity through a comprehensive renovation.
The property is sold strictly as-is and requires cash offers only, which eliminates buyers relying on traditional FHA, VA, or conventional financing.
The current 3-bedroom, 1-bathroom configuration is considered undersized for modern family standards and will likely require the addition of a second bathroom during renovation.
Prime South Bay Investor Opportunity – Fixer Across from Harbor UCLA Medical Center Investor opportunity in a prime South Bay location! Located directly across from Harbor–UCLA Medical Center, this 3-bedroom, 1-bath home offers excellent potential for renovation or redevelopment. Situated on a 5,938 sq ft lot, the property features a functional floor plan and a spacious backyard with a large detached shed, providing additional flexibility for future use. The home is in original condition and will require repairs, making it well-suited for cash buyers, investors, or contractors seeking their next project. Carport parking in front and ample outdoor space add to the possibilities. Conveniently located near Torrance amenities, shopping, dining, and major freeways. Property sold strictly as-is. Cash offers only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 1,012 | 1,256 | 26% |
| Lot Size | 5,940 | 5,129 | 79% |
| Price | $690.0K | $815.0K | 21% |
| Price per sq ft | $682 | $681 | 53% |
| Built year | 1952 | 1957 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 126 | 5% |
Apr 3, 2026
$690,000
Initial Listing