
Torrance, California 90501
This Turnkey Multi-Unit Residence is listed at $1,480,000, reflecting a premium for its brand-new 2025 ADU and remodeled front home compared to the $1,360,127 Fair Market Value. Boasting a Condition Rating of 2, the property features a custom kitchen, central HVAC, and a 7,202 sq ft lot with a spacious yard and private patio. While situated in the Los Angeles Unified School District, the dual-address configuration offers significant flexibility for rental income or shared living. This property is an ideal match for Owner-Occupants or Multi-generational families seeking a move-in-ready compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1532 -1534 W 221st Subject | $1,480,000* List Price | 5 | 4 | 2,080 | $654 | - |
A 2112 Andreo Avenue Sold | $1,249,000 | 0 | 0 | 2,134 | $585 | 0.6 mi |
B 1520 W 215th Active | $1,650,000 List Price | 5 | 3 | 2,315 | $713 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a fully remodeled front residence and a brand-new 2025 ADU. Both units feature modern custom kitchens, new central HVAC systems, updated electrical and plumbing, recessed lighting, and double-pane windows, meeting the criteria for a recently renovated and newly built property with no deferred maintenance.
The property features two legal residences on a single lot, including a brand-new 3-bedroom ADU, providing an exceptional opportunity for high rental yield or multi-generational living.
Both units are in pristine condition; the front home is fully remodeled and the rear unit is a 2025 new construction featuring all-new systems, modern kitchens, and central climate control.
The generous 7,202 sq ft lot offers rare amenities including ample parking, new concrete work, a large yard for entertaining, and two custom-built sheds for storage or creative use.
Despite the Torrance address, the property is situated within the Los Angeles Unified School District, which may limit its appeal to buyers specifically seeking Torrance Unified Schools.
A significant price reduction from the original list price of $1.65M suggests the property faced initial challenges with market positioning in the Harbor Gateway submarket.
** SELLER WILL PROVIDE A CREDIT TOWARD BUYER CLOSING COSTS OR INTEREST RATE BUY-DOWN WITH ACCEPTABLE OFFER, HELPING REDUCE UPFRONT COSTS OR MONTHLY PAYMENT. TWO ON A LOT! Rare opportunity to own two legal residences on one lot with separate addresses in Torrance. The front home (1532) is a remodeled 2-bedroom, 2-bath featuring hardwood floors, recessed lighting, custom kitchen cabinetry, double-pane windows, central heat and A/C, and a primary bedroom with walk-in closet. The rear home (1534) is a brand-new, fully permitted 3-bedroom, 2-bath ADU (completed December 2025) with new plumbing, electrical panel, recessed lighting, custom kitchen, double-pane windows, central heat and A/C, and a private primary suite with walk-in closet. Situated on a 7,202 sq ft lot with ample parking, new concrete, spacious yard, and two custom-built sheds for storage or workspace. Ideal for owner-occupants, multi-generational living, or investment with strong income potential. (1532) Some images have been virtually staged. Furniture and décor are for illustrative purposes only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 86% |
| Baths | 4.0 | 0.0 | 86% |
| Square foot | 2,080 | 1,784 | 57% |
| Lot Size | 7,202 | 6,251 | 57% |
| Price | $1.48M | $1.00M | 71% |
| Price per sq ft | $712 | $574 | 86% |
| Built year | 1948 | 1944 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 82 | 57% |
Feb 16, 2026
$1,480,000
$1,650,000
-10% Price Drop
Initial Listing
Jan 30, 2026
$1,650,000
Initial Listing