1524 W 223rd Street, Torrance, California 90501, Torrance, 90501 - 3 bed, 2 bath
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1524 W 223rd Street
Torrance, California 90501
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,152Sq Ft
6,680Lot Size
Property Price
LIST PRICE$889,900
EST. MARKET VALUE
$932,274
4% BelowMARKET VALUE
SUMMARY
This Renovated Single-Family Residence represents a High-Potential Investment Opportunity, listed at $889,900—positioned well below the $932,275 Fair Market Value by 4%. This valuation gap offers $42,375 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a modern open-concept layout and significant ADU Potential on its 6,680 sqft lot. While served by the Los Angeles Unified School District, its move-in-ready status and city lights view make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$932,274+$42,374 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1524 W 223rd Street Subject | $889,900* List Price | 3 | 2 | 1,152 | $809 | - |
A 1513 W 211th Street Sold | $845,000 | 3 | 2 | 1,094 | $772 | 1.0 mi |
B 1513 W 215th Street Sold | $1,000,000 | 3 | 2 | 1,491 | $671 | 0.7 mi |
C 1503 W 224th Sold | $690,000 | 2 | 1 | 794 | $869 | 0.1 mi |
D 1983 Reynosa Sold | $1,010,000 | 3 | 2 | 1,485 | $680 | 0.7 mi |
E 1540 W 215th Street Active | $899,000 List Price | 3 | 2 | 1,281 | $702 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years, featuring a brand-new kitchen with quartz countertops and shaker cabinets, fully updated bathrooms with contemporary tile and fixtures, new flooring, and recessed lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Renovations
The home features high-end updates including a new kitchen with quartz countertops and shaker cabinets, offering a move-in-ready experience for buyers.
- ADU Potential
The generous 6,680 sqft lot provides an expansive backyard with significant potential for an Accessory Dwelling Unit (ADU), adding future value and versatility.
- Open-Concept Living
The modified floor plan creates a bright, spacious open-concept layout that enhances the flow and modern appeal of the living areas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Recently Sold Property
The property was recently sold within the past year on 2026-06-17. The sold price is $660,000.00. The property was recently sold within the past year on 2026-06-16. The sold price is $640,000.00.
- Bedroom Count Discrepancy
While public records list the home as a 4-bedroom, one wall was removed to expand the living area, resulting in only 3 functional bedrooms which may impact appraisal or specific buyer needs.
About 1524 W 223rd Street
Beautifully renovated 3-bedroom, 2-bath home, featuring a bright open space with modern finishes throughout. The home offers a stunning new kitchen with shaker cabinets, quartz countertops, recessed lighting, updated bedrooms, and beautifully refreshed living spaces. Step outside to an expansive backyard with excellent ADU potential, offering added flexibility and future value. Public records shows this home as 1152 SF with 4 bedrooms and 2 bathrooms, however one of the bedroom's wall was removed and used as an expanded living room since before the home was purchased by the current owners. Conveniently located near shopping, dining, schools, and major freeways, this move-in-ready home is an exceptional opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,680 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 • 0.5 mi
5/10
Halldale Elementary School
Grades K-5 • 0.7 mi
7/10
One Hundred Eighty-Sixth Street Elementary School
Grades K-5 • 2.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,152 | 1,651.482 |
| Lot Size | 6,680 | 5,818.359 |
| Price | $889.9K | $1.25M |
| Price per sq ft | $772 | $775 |
| Built year | 1947 | 1955 |
| HOA | $0 | $190 |
| Days on market | 16 | 43 |
Pricing History
Listed for Sale
Aug 24, 2026
$889,900
Initial Listing
Sold
Jun 17, 2026
$660,000
Public Record
Sold
Jun 16, 2026
$640,000
Public Record