1520 W 215th, Torrance, California 90501, Torrance, 90501 - 5 bed, 3 bath

1520 W 215th, Torrance, California 90501 home-pic-0
ACTIVE$1,650,000$2,315/sqft
1520 W 215th, Torrance, California 90501
5Beds
3Baths
2,315Sqft
6,899Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Income Potential: Features three permitted, vacant units (a 3-bedroom front unit, a newly completed JADU, and a recent ADU) offering significant rental income, house-hacking, or multi-generational living opportunities.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$1.65M vs avg $1.20M (+$445,500)63%
Size:2,315 sqft vs avg 2,159 sqft63%
Price/sqft:$713 vs avg $62788%

More Insights

Built in 1955 (71 years old).
Condition: Despite the original 1955 build year, this property has undergone extensive and very recent renovations and additions. The JADU was completed and fully permitted in 2023, making it virtually new with modern electrical, lighting, mini-split HVAC, and fully updated kitchen and bathroom. The ADU was built in 2018 (6 years ago), featuring recessed lighting, upgraded windows, and a modern kitchen and bathroom. The front unit also boasts an upgraded kitchen, updated bathroom, and bamboo/tile flooring. Major system upgrades include double-pane energy-efficient windows throughout, ABS main sewer line replacement, and a full exterior paint in 2024. All units are move-in ready with high-quality, modern finishes and appliances, meeting current quality standards with no deferred maintenance.
Year Built
1955
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$713
HOA
-
Days on market
-
Sold On
-
MLS number
PW26006679
Home ConditionExcellent
Features
View-

About this home

RARE TURNKEY investment opportunity featuring THREE PERMITTED VACANT UNITS in a Single Family Home Dwelling with major system upgrades and strong income potential! This well-maintained property offers an ideal setup for owner-users or investors seeking cash flow, house-hacking, or multi-generational living. The front unit (1520) is a spacious 3-bedroom residence featuring bamboo and tile flooring, a generously sized living area, an updated bathroom, and an upgraded kitchen, making it highly desirable for long-term tenants or owner occupancy. The JADU (1522 ½) was completed and fully permitted in 2023, offering modern efficiency with newer electrical, recess lighting, mini-split heating and cooling, a fully updated kitchen and full bathroom, and sliding door access to the backyard and patio—perfect for maximizing rental appeal. The rear ADU (1522), built in 2018, is an oversized 1-bedroom, 1-bath unit with an expansive living room and floor-to-ceiling sliding doors opening to the backyard and patio. This unit features a kitchen with a portable granite-top island, recessed lighting, upgraded dual-pane windows for abundant natural light, and a gas fireplace to entertain and enjoy! Bamboo and tile flooring is installed throughout for design and durability. Property has double pane energy efficient windows throughout and is wired for a rear jacuzzi, pre-wired for interior and exterior security cameras, and is sprinkler ready. Additional cost saving upgrades includes full exterior including security gates and block walls were painted in 2024 along with ABS replacement of the main sewer line. Owner may take advantage of FHA and Conventional financing for owner occupy income earning opportunity. Take advantage of the strong cash flow, rental upside, and long-term appreciation potential—a true income-producing asset ready for immediate returns.

S
Sarah Bui
Listing Agent

Nearby schools

7/10
Halldale Elementary School
Public,K-50.2mi
5/10
Meyler Street Elementary School
Public,K-50.8mi
5/10
One Hundred Eighty-Sixth Street Elementary School
Public,K-52.0mi
5/10
Stephen M. White Middle School
Public,6-81.2mi
6/10
Alexander Fleming Middle School
Public,6-82.8mi
5/10
Nathaniel Narbonne Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
04/03/01
Sold
$275,000
08/31/98
Sold
$200,000
Condition Rating
Excellent

Despite the original 1955 build year, this property has undergone extensive and very recent renovations and additions. The JADU was completed and fully permitted in 2023, making it virtually new with modern electrical, lighting, mini-split HVAC, and fully updated kitchen and bathroom. The ADU was built in 2018 (6 years ago), featuring recessed lighting, upgraded windows, and a modern kitchen and bathroom. The front unit also boasts an upgraded kitchen, updated bathroom, and bamboo/tile flooring. Major system upgrades include double-pane energy-efficient windows throughout, ABS main sewer line replacement, and a full exterior paint in 2024. All units are move-in ready with high-quality, modern finishes and appliances, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Income Potential: Features three permitted, vacant units (a 3-bedroom front unit, a newly completed JADU, and a recent ADU) offering significant rental income, house-hacking, or multi-generational living opportunities.
Extensive System Upgrades: Benefits from major recent upgrades including newer electrical, mini-split heating/cooling in the JADU, dual-pane energy-efficient windows throughout, ABS main sewer line replacement, and 2024 exterior paint.
Modern & Updated Interiors: All units boast updated kitchens and bathrooms, with the JADU completed in 2023 and the ADU built in 2018, ensuring modern appeal and efficiency for tenants or owner-occupants.
Turnkey Investment Opportunity: Described as a 'turnkey' asset with all units vacant, ready for immediate cash flow and long-term appreciation without requiring immediate renovations.
Broad Financing Eligibility: Qualifies for FHA and Conventional financing for owner-occupants, expanding the potential buyer pool and making the income-earning opportunity more accessible.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Older Core Structure: While extensively upgraded, the original property was built in 1955, which may imply potential for age-related issues in areas not explicitly renovated or a less modern overall aesthetic.
Undisclosed Parking Details: The listing does not specify dedicated or ample parking solutions for all three units, which could be a practical challenge for tenants or owner-occupants in a multi-unit property.
ADU Kitchen Feature: The ADU's kitchen includes a 'portable granite-top island,' which might be viewed as a less integrated or custom feature compared to a built-in island, potentially impacting perceived value.
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