
Torrance, California 90504
This Value-Add Residential Asset in North Torrance is listed at $945,000, relative to a $812,387 Fair Market Value. Currently holding a Condition Rating of 5, the property’s primary upside lies in its unpermitted garage conversion—a self-contained suite with a kitchen and bath—offering a blueprint for a legal ADU. Located within the Torrance Unified School District near Lincoln Elementary (8/10) and North High (8/10), the location ensures long-term desirability and strong rental demand. This project is a high-potential opportunity for Fix-and-Flip Investors or Contractors ready to modernize a classic South Bay home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16411 Haas Avenue Subject | $945,000* List Price | 3 | 1 | 1,179 | $689 | - |
A 16725 Elgar Avenue Sold | $885,500 | 3 | 2 | 1,328 | $667 | 0.7 mi |
B 2129 W 178th Street Sold | $865,000 | 3 | 2 | 1,366 | $633 | 0.8 mi |
C 2516 W 164th Street Active | $829,900 List Price | 3 | 1 | 1,070 | $776 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, this property is significantly older, and the description explicitly notes 'potential for updates' for its systems and aesthetics. While the exterior appears maintained, the lack of interior images prevents a full assessment of the kitchen, bathroom, and other critical components. The most significant factor contributing to a 'Poor' score is the unpermitted garage conversion into an additional living area with a kitchen and bathroom. This constitutes a major defect that could lead to legal issues, financing difficulties, and costly remediation, aligning with the 'substantial repairs and rehabilitation' criteria for a poor rating.
Located in the highly desirable North Torrance area, known for its community appeal and strong property values.
Just 10 minutes from South Bay beaches, with easy access to major freeways, shopping centers, and diverse dining options.
The converted garage provides a versatile additional living area with a bedroom, kitchen, and bathroom, offering flexibility for guests or extended family.
The garage has been converted into an additional living area without permits, which could lead to legal issues, difficulty with financing, or require costly remediation.
With three bedrooms, having only one bathroom may present practical challenges and limit convenience for occupants.
Built in 1950, the property may require significant updates to its systems, finishes, or overall aesthetic to align with modern standards and buyer expectations.
Welcome to this delightful 3-bedroom, 1-bath home in the desirable North Torrance area, just about 10 minutes from the beautiful South Bay beaches. This home offers comfortable living spaces with plenty of potential, perfect for those looking to personalize their space. The garage has been converted into an additional living area, complete with a bedroom, kitchen, and bathroom—ideal for guests or extended family. Please note that the conversion was done without permits. This well-maintained home is move-in ready, offering a cozy and functional layout. You'll also love the convenience of being near shopping centers, restaurants, and easy access to major freeways. Don’t miss out on this fantastic opportunity to live in one of the most desirable neighborhoods in Torrance!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,179 | 1,458 | 9% |
| Lot Size | 6,035 | 5,401.5 | 76% |
| Price | $945.0K | $985.0K | 46% |
| Price per sq ft | $802 | $676 | 84% |
| Built year | 1950 | 1954 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 174 | 50% |
Nov 3, 2025
$945,000
Initial Listing
Sep 14, 2018
$595,000
Public Record
Sep 13, 2018
$595,000
Public Record