1116 Cerise Ave, Torrance, California 90503, Torrance, 90503 - 3 bed, 3 bath
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1116 Cerise Ave
Torrance, California 90503
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,823Sq Ft
5,122Lot Size
Property Price
LIST PRICE$1,425,000
EST. MARKET VALUE
$1,425,000
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,499,900—positioned well below the $1,505,139 Fair Market Value by 0.34%. Featuring a newly renovated kitchen, luxury vinyl oak flooring, and an oversized primary suite, the property maintains an Excellent Condition Rating. Its prime location near award-winning schools and the beach offers a premium lifestyle. This home provides a stable, move-in-ready environment, making it an ideal acquisition for Owner-Occupants seeking a polished home or discerning buyers prioritizing quality and location.
Estimated Market Value
$1,425,000
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 |
|---|---|---|---|---|---|---|
★ 1116 Cerise Ave Subject | $1,425,000* List Price | 3 | 3 | 1,823 | $782 | - |
A 821 Kornblum Avenue Sold | $1,640,000 | 4 | 2 | 1,790 | $916 | 0.3 mi |
B 20821 Avis Avenue Sold | $1,288,000 | 3 | 2 | 1,573 | $819 | 0.8 mi |
C 1319 Kornblum Avenue Sold | $1,470,000 | 3 | 2 | 1,561 | $942 | 0.3 mi |
D 1017 Faysmith Sold | $1,290,000 | 3 | 2 | 1,396 | $924 | 0.1 mi |
E 20526 Avis Avenue Sold | $1,598,000 | 4 | 3 | 1,825 | $876 | 0.9 mi |
F 1617 Flower Avenue Sold | $1,300,000 | 2 | 2 | 1,666 | $780 | 0.5 mi |
G 2546 Maricopa Active | $1,389,000 List Price | 3 | 2 | 1,480 | $939 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a comprehensive, high-quality renovation within the last 5 years. The kitchen is newly renovated with quartz countertops and stainless appliances, bathrooms feature designer finishes and new tile, and the interior boasts new wide-plank luxury vinyl flooring and recessed lighting, making it completely turnkey.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Renovation
The home is completely remodeled with high-end finishes including luxury vinyl oak flooring, quartz countertops, and designer Bedrosian tile, offering a move-in-ready experience.
- Exceptional Primary Suite
Unlike many 1950s-era homes in the area, this property features a rare, oversized primary suite with a beautifully updated en-suite bath, providing a modern level of comfort and space.
- Prime Torrance Location
Ideally situated within walking distance of award-winning schools and just 15 minutes from the beach, the location offers significant lifestyle appeal and strong neighborhood desirability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Market Stagnation
With 45 days on the market and multiple price adjustments, the property may be facing challenges with buyer perception regarding its valuation relative to current market conditions.
- Modest Lot Size
The 5,122 square foot lot is relatively compact for the $1.5M price point, which may limit outdoor utility or appeal for buyers seeking expansive yard space.
About 1116 Cerise Ave
Single-level stunner in the heart of Torrance—gorgeously remodeled, completely turnkey, and move-in ready! Ideally located within walking distance to award-winning schools, this exceptional home offers a rare oversized primary suite, seamless indoor-outdoor living, and a private backyard designed for relaxing summer evenings. A true neighborhood gem, the generously sized primary suite provides exceptional comfort and space, complete with a beautifully remodeled en-suite bath. Additional highlights include an indoor laundry room, ample storage throughout, and extra garage space. The inviting open floor plan features wide-plank luxury vinyl oak flooring, abundant natural light, recessed lighting, and thoughtfully designed spaces perfect for everyday living and entertaining. The newly renovated kitchen blends style and functionality with quartz countertops, stainless steel appliances, a large sink, and elegant light oak cabinetry. Both bathrooms have been beautifully updated with designer finishes, including Bedrosian tile flooring. Conveniently located near top-rated schools, shopping, restaurants, medical facilities, parks, and freeway access, with the beach just a short 15-minute drive away. Opportunities like this are rare—don’t miss your chance to own a beautifully updated home in one of Torrance’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 5,122 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,823 | 1,651.482 |
| Lot Size | 5,122 | 5,818.359 |
| Price | $1.43M | $1.25M |
| Price per sq ft | $782 | $775 |
| Built year | 1951 | 1955 |
| HOA | $0 | $190 |
| Days on market | 88 | 43 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,425,000
$1,449,900
-2% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$1,449,900
$1,499,900
-3% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$1,499,900
$1,499,000
+0% Price Increase
Initial Listing
Price Change
Jun 26, 2026
$1,499,000
$1,595,000
-6% Price Drop
Initial Listing
Price Change
Jun 13, 2026
$1,595,000
Initial Listing
Sold
Nov 24, 1997
$293,000
Public Record