1532 1534 W 221st Street, Torrance, California 90501, Torrance, 90501 - bed, bath
1532 1534 W 221st Street
Torrance, California 90501
Property Price
SUMMARY
Analysis of 1532 1534 W 221st Street, Torrance, California 90501 reveals a Fairly Priced Property with a current list price of $1,480,000 aligned with the estimated $1,463,778 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Torrance Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | 2,280 | $642 | - | ||
A 2709 Orange Avenue Sold | $1,375,000 | 4 | 2 | 2,022 | $680 | 1.0 mi |
B 21011 La Salle Avenue Sold | $1,080,000 | 3 | 2 | 1,716 | $629 | 0.8 mi |
C 2027 Kathy Sold | $1,175,000 | 3 | 3 | 1,834 | $641 | 0.9 mi |
D 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property features a brand-new ADU completed in December 2025 and a fully remodeled front residence. Both units offer modern custom kitchens, updated bathrooms, recessed lighting, central HVAC, and double-pane windows. With new electrical and plumbing in the rear unit and high-quality finishes throughout, the property meets the criteria for excellent condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two legal residences on a single lot, including a brand-new 3-bedroom ADU, providing exceptional versatility for high-yield rental income or multi-generational living.
- Turnkey Modern Upgrades
Both homes are in premium condition with contemporary finishes, recessed lighting, and central HVAC systems, offering a move-in-ready experience with no immediate capital expenditure required.
- Spacious Lot and Infrastructure
Situated on a generous 7,202 sq ft lot, the property includes new concrete, ample parking, and custom storage sheds, offering rare functional outdoor space for a multi-unit setup.
CONSRISKS & DEFICIENCIES
- Harbor Gateway Location
While the property carries a Torrance address, its location within the Harbor Gateway area (MLS Area 122) may not satisfy buyers specifically seeking the core Torrance Unified School District.
- Market Positioning
A significant price reduction from the original list price suggests the property is still finding its market equilibrium, which may lead to increased buyer scrutiny regarding valuation.
About 1532 1534 W 221st Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,202 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 4% |
| Baths | - | 2.0 | 4% |
| Square foot | 2,280 | 1,586 | 87% |
| Lot Size | 7,202 | 6,009 | 83% |
| Price | $1.48M | $1.10M | 92% |
| Price per sq ft | $649 | $680 | 38% |
| Built year | 1948 | 1952 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 155 | 4% |
Pricing History
Listed for Sale
Feb 10, 2026
$1,480,000
$1,650,000
-10% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$1,650,000
Initial Listing