1524 W 223rd, Torrance, California 90501, Torrance, 90501 - 4 bed, 2 bath
ACTIVE$775,000$1,152/sqft
Est. Value: $764,735
-1%
FairlyEstimate
1524 W 223rd, Torrance, California 90501
4Beds
2Baths
1,152Sqft
6,680Lot
Price Vs. Estimate
The estimated value ($764,735.02) is $10,264.98 (1%) lower than the list price ($775,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant ADU/JADU Potential: The property boasts a huge backyard with ample space to add both an Accessory Dwelling Unit (ADU) and a Junior ADU, offering substantial income potential or multi-generational living options.
Top Cons:
Extensive Renovation Required: The description explicitly states 'The front house requires work' and 'Looking for a property to add value?', indicating that significant renovation and investment will be necessary.
Compared to the nearby listings
Price:$775.0K vs avg $1.10M ($-325,000)9%
Size:1,152 sqft vs avg 1,508 sqft26%
Price/sqft:$673 vs avg $72545%
More Insights
Built in 1947 (79 years old).
Condition: Built in 1947, the property explicitly states 'requires work' and 'extensive renovation required' in the listing. While it has newer flooring and windows, the kitchen features very old, worn cabinets and countertops, and the bathroom, despite a newer vanity, has an outdated tub/tile and fixtures. Walls throughout show significant wear, dirt, and peeling paint. Major systems like heating appear old, indicating substantial repairs and rehabilitation are needed to bring the home to a comfortable and modern standard.
Year Built
1947
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
PV26009013
Home ConditionPoor
Features
View-
About this home
Looking for a property to add value? This property has a huge backyard with room for an ADU and Junior ADU. The front house requires work. It has a nice floor plan with 3 bedrooms and 2 full bathrooms. The home is on a large lot in Torrance P.O. Nice size living room, separate from the dining room. Newer flooring, newer windows. Two separate entrances besides the front door. Gated front yard with access to both sides of the home. Detached one car garage with a long driveway. Close to the Torrance DMV, this property is located east of Western on 223rd.
L
Lynn Lord
Listing Agent
Nearby schools
5/10
Meyler Street Elementary School
Public,•K-5•0.5mi
7/10
Halldale Elementary School
Public,•K-5•0.7mi
5/10
One Hundred Eighty-Sixth Street Elementary School
Public,•K-5•2.6mi
5/10
Stephen M. White Middle School
Public,•6-8•1.1mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.2mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•1.4mi
Condition Rating
Poor
Built in 1947, the property explicitly states 'requires work' and 'extensive renovation required' in the listing. While it has newer flooring and windows, the kitchen features very old, worn cabinets and countertops, and the bathroom, despite a newer vanity, has an outdated tub/tile and fixtures. Walls throughout show significant wear, dirt, and peeling paint. Major systems like heating appear old, indicating substantial repairs and rehabilitation are needed to bring the home to a comfortable and modern standard.
Pros & Cons
Pros
Significant ADU/JADU Potential: The property boasts a huge backyard with ample space to add both an Accessory Dwelling Unit (ADU) and a Junior ADU, offering substantial income potential or multi-generational living options.
Generous Lot Size: With a lot size of 6680 sqft, the property provides considerable outdoor space for expansion, landscaping, and recreational activities, complementing the ADU potential.
Strategic Torrance Location: Located in a desirable Torrance P.O. area, east of Western on 223rd, the property offers good accessibility and proximity to local amenities, including the Torrance DMV.
Functional Floor Plan with Recent Updates: The home features a nice floor plan with 4 bedrooms and 2 full bathrooms, a separate living and dining room, and benefits from newer flooring and windows, providing a solid foundation.
Ample Parking and Gated Access: A detached one-car garage, a long driveway, and a gated front yard with access to both sides of the home provide convenient parking, security, and flexible access.
Cons
Extensive Renovation Required: The description explicitly states 'The front house requires work' and 'Looking for a property to add value?', indicating that significant renovation and investment will be necessary.
Age-Related System Concerns: Built in 1947, the property is an older home, suggesting that major systems (e.g., HVAC, plumbing, electrical) may be original or require substantial upgrades, despite some cosmetic updates.
Limited Garage Space: The property includes only a detached one-car garage, which may be insufficient for households requiring more covered parking, storage, or workshop space.