
Torrance, California 90503
This property presents a High-Potential Investment Opportunity with a List Price of $974,900—positioned well below the $989,843 Fair Market Value by 1.5%. This valuation gap offers $14,943 in Instant Equity for buyers. With a Condition Rating of 5, the home requires modernization, yet its 6,205 sqft lot and Madrona location in the Torrance Unified district provide significant upside. This is an ideal acquisition for Value-Add Investors or first-time buyers seeking to build long-term wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 Fonthill Subject | $1,006,000* List Price | 3 | 2 | 1,396 | $740 | - |
A 2546 Maricopa Street Sold | $995,000 | 3 | 2 | 1,480 | $672 | 0.5 mi |
B 1024 Cranbrook Avenue Sold | $1,110,000 | 3 | 2 | 1,577 | $704 | 0.2 mi |
C 1322 Kornblum Avenue Sold | $1,100,000 | 3 | 2 | 1,260 | $873 | 0.2 mi |
D 20526 Avis Avenue Sold | $1,215,000 | 4 | 3 | 1,825 | $666 | 0.7 mi |
E 2760 El Dorado St. Active | $1,149,999 List Price | 4 | 2 | 1,486 | $774 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this 75-year-old home shows no evidence of recent renovations to major systems, kitchens, or baths. The interior features dated wood paneling, older Saltillo tile, and original hardwood floors that require attention. The listing description explicitly invites the buyer to 'update and personalize,' which, combined with the age and visible condition of the interior and garage area, indicates the property needs a full rehab to meet modern standards.
Situated in the highly sought-after Madrona neighborhood, the property offers excellent proximity to top-rated Torrance Unified schools, local parks, and South Bay beaches.
The spacious 6,205-square-foot lot provides significant outdoor potential for gardening, entertaining, or future expansions such as an ADU.
The 3-bedroom, 2-bathroom floor plan offers a practical and accessible layout that appeals to a wide demographic, including first-time buyers and those looking to downsize.
Built in 1951, the home is described as an opportunity to update, suggesting that buyers will likely need to invest in cosmetic or structural renovations to modernize the space.
The property does not offer any scenic views, which may be a drawback for buyers comparing it to other residences in the South Bay area that feature city or ocean vistas.
**Charming Torrance Home in Prime Madrona Location** Welcome to this inviting single-story home nestled in one of Torrance’s most desirable neighborhoods. Situated on a spacious lot of over 6,200 square feet, this 3-bedroom, 2-bath residence offers approximately 1,396 square feet of comfortable living space, blending classic character with everyday functionality. Step inside to discover a warm and welcoming layout, ideal for both relaxing and entertaining. The home’s thoughtful floor plan features well-proportioned bedrooms, a cozy living area, and abundant natural light throughout. Outside, the generous backyard provides endless possibilities—whether you envision outdoor dining, gardening, or creating your own private retreat. Built in 1951, this home carries timeless appeal while offering the opportunity to update and personalize to your taste. Located in the sought-after Madrona neighborhood, you’ll enjoy proximity to top-rated Torrance schools, local parks, shopping, dining, and convenient access to the South Bay’s beautiful beaches. Whether you’re a first-time buyer, investor, or looking to settle into a well-established community, this property presents an exceptional opportunity to own in the heart of Torrance.
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 | 1,396 | 1,654 | 32% |
| Lot Size | 6,205 | 5,751 | 70% |
| Price | $1.01M | $1.40M | 6% |
| Price per sq ft | $721 | $877 | 28% |
| Built year | 1951 | 1955 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 99 | 4% |
Jun 3, 2026
$1,006,000
$1,000,000
+1% Price Increase
Initial Listing
May 26, 2026
$1,000,000
$974,900
+3% Price Increase
Initial Listing
May 12, 2026
$974,900
Initial Listing