1028 Cerise Avenue, Torrance, California 90503, Torrance, 90503 - 2 bed, 1 bath
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Torrance, California 90503
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,069,000—positioned well below the $1,076,752 Fair Market Value by 0.72%. This valuation gap offers $7,752 in Instant Equity. Featuring an Excellent Condition Rating with extensive upgrades like PEX plumbing, a new electrical panel, and a brand-new deck, the home offers immediate peace of mind. Located in the Torrance Unified district, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in-ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 Cerise Avenue Subject | $1,069,000* List Price | 2 | 1 | 1,010 | $1,066 | - |
A 926 Kornblum Avenue Sold | $935,000 | 2 | 1 | 1,045 | $895 | 0.3 mi |
B 1017 Faysmith Sold | $1,290,000 | 3 | 2 | 1,396 | $924 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1951, the property has undergone extensive recent renovations including a completely remodeled bathroom and significant system upgrades such as new PEX plumbing, a new electrical panel with 220V service, and a new tankless water heater. With fresh paint, new trim, and a brand-new deck, the home is in mint, turnkey condition.
This turnkey home features significant infrastructure improvements including PEX plumbing, a new 220V electrical panel, a tankless water heater, and a whole-house water filtration system, offering long-term peace of mind and reduced maintenance costs.
Ideally situated in Central Torrance, the property is less than 10 minutes from the beach and minutes from the Del Amo Fashion Center, providing residents with exceptional access to premier shopping, dining, and coastal recreation.
The property boasts a brand-new deck and updated vinyl privacy fencing, creating a private and inviting outdoor oasis that effectively extends the living space for entertaining and relaxation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1010, other record living area = 937.
With only one bathroom for a two-bedroom home, the property may face challenges with multi-person households or buyers seeking a primary suite, potentially impacting marketability at this price point.
At just 1,010 square feet, the interior living space is relatively compact for a million-dollar investment, which may limit appeal for buyers requiring more square footage or a dedicated home office.
Welcome to this beautifully upgraded, turnkey 2-bedroom, 1-bath home that's ready for you to move right in! Every detail has been thoughtfully updated, offering modern comfort, style, and peace of mind. The home also features beautiful original hardwood floors, adding timeless character and warmth throughout. Ideally located less than 10 minutes from the beach and just minutes from Del Amo Fashion Center, you'll enjoy the best of coastal living and everyday convenience. Recent improvements include upgraded PEX plumbing throughout, a completely remodeled bathroom, a new tankless water heater, a whole-house water filtration system, a new electrical panel with 220V service, a whole-house fan, a new sliding glass door, a new garbage disposal, fresh interior paint, new baseboards and door trim, updated blinds and shutters, custom closet organizers, and a brand-new deck perfect for relaxing or entertaining. Outside, you'll also appreciate the updated vinyl privacy fence and new backyard fencing, creating a private and inviting outdoor space. Whether you're a first-time homebuyer, downsizing, or looking for a low-maintenance investment, this move-in-ready home checks all the boxes. Conveniently located near parks, schools, and major freeways, this exceptional home offers the perfect blend of comfort, convenience, and style. Don't miss your opportunity to make it yours—schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,010 | 1,619.5 |
| Lot Size | 4,851 | 5,695.5 |
| Price | $1.07M | $1.25M |
| Price per sq ft | $1.1K | $770 |
| Built year | 1951 | 1955 |
| HOA | $0 | $85 |
| Days on market | 13 | 42 |
Jul 9, 2026
$1,069,000
Initial Listing
Oct 13, 2020
$800,000
Public Record
Apr 26, 2013
$527,500
Public Record