1505 W 220th, Torrance, California 90501, Torrance, 90501 - 2 bed, 1 bath
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Torrance, California 90501
This Value-Add Fixer represents a strategic acquisition with a List Price of $699,000, positioned near its $638,737 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a full rehabilitation but offers substantial upside via its 6,002 square foot lot and ADU Potential. Situated in the Harbor Gateway area near the 7-rated Halldale Elementary, the location supports strong resale demand and long-term growth. This asset is a high-potential project for Fix-and-Flip Investors or Contractors looking to capitalize on forced appreciation in the Torrance area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1505 W 220th Subject | $699,000* List Price | 2 | 1 | 873 | $701 | - |
A 21117 Normandie Sold | $650,000 | 3 | 1 | 1,090 | $596 | 0.7 mi |
B 20845 Denker Sold | $650,000 | 3 | 1 | 1,080 | $602 | 0.8 mi |
C 1654 W 216th Street Sold | $785,000 | 3 | 2 | 1,061 | $740 | 0.4 mi |
D 1524 W 223rd Active | $750,000 List Price | 4 | 2 | 1,152 | $651 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 and explicitly marketed as a 'FIXER,' the property shows significant signs of neglect and age-related deterioration. The kitchen is in disrepair with damaged cabinetry and flooring, the interior walls and wood floors require extensive restoration, and the presence of an old wall heater indicates outdated HVAC systems. The home requires a full rehabilitation to be move-in ready.
The 6,002 square foot lot provides significant outdoor space and offers ample room for potential home expansion or the addition of an Accessory Dwelling Unit (ADU).
As a 'fixer' priced at an accessible entry point for the area, this property presents a prime opportunity for investors or contractors to build equity through renovation.
The property is located within walking distance of several elementary schools, including Halldale Elementary which boasts a solid rating of 7, adding appeal for small families.
Explicitly identified as a 'fixer,' the home likely requires substantial capital improvement and modernization, which may complicate traditional financing for some buyers.
With only 873 square feet of living space and a single bathroom, the current footprint is quite small and may feel restrictive for modern family needs.
Two bedrooms and one bathroom "FIXER" on a 6000 square foot lot. Property is located in the City of Los Angeles with a Torrance mailing address. One car attached garage and a large back yard.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 873 | 1,520 | 8% |
| Lot Size | 6,002 | 6,118 | 44% |
| Price | $699.0K | $1.05M | 7% |
| Price per sq ft | $801 | $696 | 69% |
| Built year | 1951 | 1952 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 128 | 5% |
Apr 24, 2026
$699,000
Initial Listing