
Torrance, California 90501
This Dual-Unit Income Property is listed at $1,480,000, aligning with its $1,465,376 Fair Market Value to reflect the high market stability for high-utility assets. Featuring a fully remodeled front residence and a brand-new 2025 ADU, the estate earns a Pristine Condition Rating for its turnkey execution. High-end upgrades include custom kitchens, central A/C, and a private patio on a spacious 7,202 sq ft lot. Located within the Los Angeles Unified district, this asset provides significant rental upside. It is a strategic acquisition for Owner-Occupants seeking a house-hack or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1532 1534 W 221st Street Subject | $1,480,000* List Price | 0 | 0 | 2,280 | $645 | - |
A 2011 Reynosa Drive Sold | $1,350,000 | 3 | 2 | 1,786 | $756 | 0.8 mi |
B 2709 Orange Avenue Sold | $1,375,000 | 4 | 2 | 2,022 | $680 | 1.0 mi |
C 21011 La Salle Avenue Sold | $1,080,000 | 3 | 2 | 1,716 | $629 | 0.8 mi |
D 2027 Kathy Sold | $1,175,000 | 3 | 3 | 1,834 | $641 | 0.9 mi |
E 21611 Normandie Avenue Pending | $1,189,000 List Price | 4 | 3 | 2,231 | $533 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features two residences in pristine condition: a fully remodeled front home and a brand-new ADU completed in December 2025. Both units offer modern custom cabinetry, quartz-style countertops, stainless steel appliances, recessed lighting, and new central heating and air conditioning systems. With updated electrical, plumbing, and double-pane windows throughout, the property meets the highest standards for contemporary quality and functionality.
The property features two legal residences on one lot, including a brand-new 3-bedroom ADU, providing an exceptional opportunity for rental income or multi-generational living.
Both units are in pristine condition with the front home fully remodeled and the rear ADU newly constructed in 2025, featuring central A/C, custom kitchens, and updated systems throughout.
The 7,202 sq ft lot offers ample parking, new concrete, and two custom-built sheds for tools or creative space, providing rare outdoor functionality for a multi-unit property.
Located in the Harbor Gateway area (MLS Area 122), the property may be subject to City of Los Angeles services and schools rather than Torrance Unified, despite the Torrance mailing address.
The property does not offer any scenic or city light views, which may be a competitive disadvantage compared to other elevated properties in the South Bay region.
Seller will provide a credit toward buyer closing costs or interest rate buy-down with an acceptable offer, creating an opportunity for buyers to lower their upfront costs or monthly payment . "TWO ON A LOT!!! An Exceptional Value and Rare Opportunity to own two legal residences on one lot with separate addresses in Torrance. The front home (1532) is a fully remodeled 2-bedroom, 2-bath residence featuring original 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 permitted ADU built December 2025, offering 3 bedrooms and 2 bathrooms with everything 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, large yard ideal for gatherings, and two custom-built sheds (craft room and tool storage). Ideal for owner-occupants seeking rental income, multi-generational living, or investment. Not a standard SFR — this is a true two-unit property with income potential.1532 Unit, some images have been virtually staged. Furniture and decor are for illustrative purposes only and may not represent actually property conditions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 2,280 | 1,520 | 90% |
| Lot Size | 7,202 | 6,167 | 80% |
| Price | $1.48M | $1.08M | 97% |
| Price per sq ft | $649 | $697 | 38% |
| Built year | 1948 | 1952 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 104 | 31% |
Feb 10, 2026
$1,480,000
$1,650,000
-10% Price Drop
Initial Listing
Jan 30, 2026
$1,650,000
Initial Listing