1509 Elm Avenue, Torrance, California 90503, Torrance, 90503 - 6 bed, 7 bath
1509 Elm Avenue
Torrance, California 90503
Property Price
SUMMARY
Analysis of 1509 Elm Avenue, Torrance, California 90503 reveals a Fairly Priced Property with a current list price of $2,995,000 aligned with the estimated $2,988,397 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Elm Avenue Subject | $2,995,000* List Price | 6 | 7 | 3,759 | $795 | - |
A 1307 Greenwood Ave Active | $2,495,000 List Price | 6 | 6 | 3,107 | $803 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a recently completed custom luxury build featuring high-end Thermador appliances, a gourmet kitchen with an oversized island, and modern smart home technology. The home includes premium finishes such as vaulted ceilings, spa-inspired bathrooms with rain shower heads, and a fully detached modern ADU, all meeting the highest current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property includes a fully detached 997 sq. ft. ADU with 2 bedrooms and 2 bathrooms, offering significant potential for rental income, multi-generational living, or a private guest house.
- High-End Gourmet Kitchen
The main residence features a chef-inspired kitchen with top-of-the-line Thermador appliances, an oversized central island, and a seamless open-concept layout designed for luxury entertaining.
- Modern Smart Home Features
Equipped with premium upgrades including a built-in Sonos sound system, Ring security integration, and central climate control, this custom build offers a turnkey, high-tech living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3759, other record living area = 841. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
- Market Price Ceiling
At a list price of nearly $3 million, the property is positioned at the extreme high end for Central Torrance, which may result in a longer market time to find a qualified buyer.
- Limited Private Yard Space
With two large residential structures occupying the 7,500 sq. ft. lot, the remaining outdoor space is primarily dedicated to patios and balconies rather than a traditional expansive backyard.
About 1509 Elm Avenue
Welcome to 1509 Elm — an amazing custom build offering luxury living and investment potential. This stunning home offers 2,762 square feet of living space, plus a 47 sq. ft. balcony and a 234 sq. ft. covered patio. Inside, you’ll find a huge gourmet kitchen with an open floor plan, an oversized island any cooking enthusiast would dream of, and top-of-the-line Thermador appliances, along with 4 spacious bedrooms and 4.5 beautifully appointed bathrooms. The elegant primary suite boasts vaulted ceilings, a walk-in closet, and a spa-inspired bathroom complete with a soaking tub, dual vanities, and a walk-in shower featuring dual faucets and ceiling-mounted rain shower heads. This home is thoughtfully equipped with premium upgrades, including a built-in Sonos sound system, Ring doorbells and security cameras, and central air and heating. Every detail has been beautifully designed and added to create a true modern masterpiece. Situated on a generous 7,500 sq. ft. lot, this exceptional property also includes a detached ADU at 1511 Elm, offering 997 sq. ft. of living space plus a 189 sq. ft. covered patio. Featuring 2 bedrooms and 2 bathrooms, 1511 Elm is just as beautifully designed as the main residence — a seamless extension of 1509 Elm in a more compact form, perfect for rental income, extended family, or guests. A rare opportunity to own a luxury residence with built-in investment potential. 1509 Elm (main house) and 1511 Elm (ADU) won’t last — make this dream home yours today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 3,759 | 1,520.5 | 98% |
| Lot Size | 7,500 | 5,806 | 85% |
| Price | $3.00M | $1.32M | 98% |
| Price per sq ft | $797 | $922 | 27% |
| Built year | 1950 | 1955 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 177 | 2% |
Pricing History
Listed for Sale
Feb 24, 2026
$2,995,000
Initial Listing
Sold
Sep 11, 2024
$1,065,000
Public Record
Sold
Feb 10, 2017
$670,000
Public Record
Sold
Oct 23, 2009
$237,500
Public Record
Sold
Oct 23, 2009
$237,500
Public Record