1338 W 221st Street, Torrance, California 90501, Torrance, 90501 - 3 bed, 3 bath

1338 W 221st Street, Torrance, California 90501 home-pic-0

1338 W 221st Street

Torrance, California 90501

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,922Sq Ft
9,004Lot Size

Property Price

LIST PRICE$1,080,000
EST. MARKET VALUE
$1,176,363
8% BelowMARKET VALUE

SUMMARY

Analysis of 1338 W 221st Street, Torrance, California 90501 reveals a Prime Investment Opportunity with a current list price of $1,080,000—significantly undercutting the $1,176,363 Fair Market Value by 8%. This valuation gap indicates a +$96,363 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Torrance Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,176,363 +$96,363 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Torrance.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1338 W 221st Street
Subject
$1,080,000*
List Price
331,922$612-
A
20907 Halldale
Sold
$1,020,000421,586$6430.9 mi
B
21114 La Salle Avenue
Sold
$874,000321,206$7250.8 mi
C
21011 La Salle Avenue
Sold
$1,080,000321,716$6290.9 mi
D
1567 W 213th
Sold
$905,500421,365$6630.7 mi
E
1520 W 216th Street
Active Under Contract
$899,000
List Price
421,660$5420.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1922, the property underwent a complete down-to-the-studs renovation and recent high-end transformation. It features a modern chef's kitchen with European-style high-gloss cabinetry and quartz countertops, updated bathrooms, new flooring, and a new roof. The home is in turnkey condition with modern systems including a paid-off solar system, EV charger, and updated electrical panel.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9004, living area = 1922.

  • Modernized Energy Efficiency

    The home features a fully paid-off solar system, a dedicated EV charger, and upgraded insulation throughout, providing significant long-term utility savings and eco-friendly living.

  • Versatile Dual-Primary Layout

    The floor plan includes two distinct primary suites with en-suite bathrooms, offering rare flexibility for multi-generational living, guest accommodations, or a private home office.

CONSRISKS & DEFICIENCIES

  • School District Alignment

    Although the property has a Torrance mailing address, it is located within the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, which may impact resale value for some buyers.

  • Historical Build Date

    Despite a comprehensive down-to-the-studs renovation, the original 1922 build year may present challenges with insurance underwriting or buyer perceptions regarding the age of the foundation.

About 1338 W 221st Street

Welcome to 1338 W 221st St — a beautifully refreshed 3-bedroom, 3-full-bath home offering 1,922 sq ft of living space on a rare 9,002 sq ft lot in Harbor Gateway. Don’t let the 1922 build year fool you. The previous owner completely demoed the house down to the studs, added substantial square footage, and brought it to modern standards. The current owner continued the transformation throughout the years with a full kitchen remodel (quartz countertops, European-style high-gloss cabinets, and a large island), updated bathrooms, new flooring, a new roof, an updated electrical panel, custom-designed doors, and many more. The standout floor plan features two dedicated primary suites, each with its own private full bathroom — perfect for multi-generational living, guests, or maximum owner privacy and convenience: Spacious primary suite with a generous bedroom and en-suite bath. Junior primary suite offering a second private retreat with its own full en-suite bath (ideal as a secondary owner’s suite, teen space, or home office). The chef-inspired, custom-designed kitchen features two ovens, a built-in microwave, three spacious pantries, and a large island with ample storage. The 200 sqft covered patio, accessible via the kitchen sliding door, creates a seamless indoor/outdoor atmosphere. This kitchen is ideal for hosting memorable holidays and birthday celebrations. Energy-smart living is built in: a paid-off solar system (often resulting in near-zero utility bills), well-insulated walls, attics, and crawl space to keep this home cooler in summer and warmer in winter, a dedicated EV charger in the detached 2-car garage, and a whole-house water filtration system. Outside is your private sanctuary: a wide, quiet street with easy parking, no apartments or overlooking neighbors, and a fully landscaped front and backyard featuring a 200 sq ft covered vinyl patio and a productive fruit orchard (3 persimmon, lemon, passion fruit vines, jujube, peach, and plum). The custom-designed front yard will make you feel like you are walking in the park. This rare, large lot offers true seclusion and space you won’t find in most neighborhood homes. This turnkey home delivers lifestyle, privacy, and long-term savings that are hard to match. Come see it in person — you will be impressed.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1922
Lot Size
9,004 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

Torrance Unified Schools

Meyler Street Elementary School

Grades K-5 • 0.3 mi

5/10

Halldale Elementary School

Grades K-5 • 0.5 mi

7/10

One Hundred Eighty-Sixth Street Elementary School

Grades K-5 • 2.5 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
74%
Square foot1,9221,586
70%
Lot Size9,0046,009
96%
Price$1.08M$1.10M
49%
Price per sq ft$562$680
11%
Built year19221952
8%
HOA$0$0
50%
Days on market11155
2%

Pricing History

Listed for Sale

Feb 23, 2026

$1,080,000

Initial Listing

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