1509 Elm Avenue, Torrance, California 90503, Torrance, 90503 - 6 bed, 7 bath
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Torrance, California 90503
This Luxury Multi-Unit Compound is a Strong Value Opportunity, listed at $2,795,000—positioned well below the $2,837,718 Fair Market Value by 1%. This valuation gap offers $42,718 in Instant Equity for buyers. Boasting a Condition Rating of 2, the custom-built main home features Thermador appliances and a spa-inspired primary suite, while the detached 2-bedroom ADU provides significant rental potential. Located within the Torrance Unified School District, this turnkey estate is ideal for Multi-Generational Families or Owner-Occupants seeking a high-end lifestyle with built-in investment upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Elm Avenue Subject | $2,795,000* List Price | 6 | 7 | 3,759 | $755 | - |
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.
Property is new construction or fully renovated.
This property is a recently completed custom build featuring high-end modern finishes throughout. The gourmet kitchen is equipped with premium Thermador appliances and a large waterfall island, while the primary suite offers a spa-inspired bathroom. With all-new systems including central HVAC, Sonos sound, and smart security, the home meets the highest current quality standards with no deferred maintenance.
The property features a fully detached 997 sq. ft. ADU with 2 bedrooms and 2 bathrooms, offering a rare opportunity for high-yield rental income or flexible multi-generational living.
This modern masterpiece is equipped with premium upgrades including Thermador appliances, a built-in Sonos sound system, and a luxury primary suite with vaulted ceilings and a spa-inspired bathroom.
Unlike many older homes in the area, this custom build offers full central air and heating, integrated Ring security, and is fully staged for an immediate move-in experience.
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.
The property has undergone multiple price reductions from its original $2.995M listing, indicating potential challenges in aligning the custom build's value with local neighborhood comps.
With two substantial residential structures totaling nearly 3,800 sq. ft. on a 7,500 sq. ft. lot, private outdoor yard space is likely limited compared to traditional single-family residences.
Now Fully Staged! Welcome to Stunning 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 3,759 | 1,594 | 98% |
| Lot Size | 7,500 | 5,821 | 87% |
| Price | $2.79M | $1.37M | 98% |
| Price per sq ft | $744 | $874 | 29% |
| Built year | 1950 | 1955 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 160 | 18% |
Apr 4, 2026
$2,795,000
$2,849,000
-2% Price Drop
Initial Listing
Mar 21, 2026
$2,849,000
$2,995,000
-5% Price Drop
Initial Listing
Feb 24, 2026
$2,995,000
Initial Listing
Sep 11, 2024
$1,065,000
Public Record
Feb 10, 2017
$670,000
Public Record
Oct 23, 2009
$237,500
Public Record
Oct 23, 2009
$237,500
Public Record