16718 Cerise Avenue, Torrance, California 90504, Torrance, 90504 - 4 bed, 2 bath
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Torrance, California 90504
This property presents a Strong Value Opportunity with a List Price of $799,000—positioned well below the $749,298 Fair Market Value by -6%. While the home requires a full renovation due to its Condition Rating of 5, the 1,764 square foot floor plan on a Prime Corner Lot provides a solid foundation for modernization. Located in the Torrance Unified School District near top-rated schools, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to capture significant upside through strategic capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16718 Cerise Avenue Subject | $799,000* List Price | 4 | 2 | 1,764 | $425 | - |
A 3838 W 176th Court Sold | $775,000 | 3 | 2 | 1,968 | $394 | 0.6 mi |
B 17214 Elgar Sold | $945,000 | 3 | 2 | 1,786 | $529 | 0.4 mi |
C 3772 Artesia Blvd Sold | $729,525 | 3 | 1 | 1,461 | $499 | 0.5 mi |
D 3838 W 176th Court Active | $839,999 List Price | 3 | 2 | 1,968 | $427 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and largely in original condition, this property requires a full rehab. The kitchen and bathrooms are significantly outdated (30+ years), and the home lacks modern central HVAC, relying on an older wall heater. The listing explicitly targets investors and contractors, confirming the need for major modernization.
Situated on a desirable corner lot in North Torrance, this property offers enhanced curb appeal and exceptional proximity to local schools, including Evelyn Carr Elementary which is just steps away.
Priced competitively for a 4-bedroom home in this area, the property presents a major opportunity for investors or contractors to build equity through modernization and customized renovations.
The 1,764 square foot floor plan is generous for the neighborhood and era, providing a functional foundation with four bedrooms and direct garage access that is ideal for growing families.
The home is largely in its original 1952 state, requiring a substantial capital investment to update the galley kitchen, bathrooms, and overall interior finishes to modern standards.
Due to the property's age and 'as-is' nature, buyers should expect potential needs for upgrades to core systems such as electrical, plumbing, or roofing that often accompany homes of this vintage.
Opportunity awaits in this single-story home situated on a desirable corner lot in North Torrance. Located in a highly sought-after neighborhood, this property offers exceptional potential for those ready to bring their vision to life. Featuring a functional floor plan with 4 bedrooms and 2 bathrooms, the home includes a galley kitchen and direct access to a 2-car garage. The layout provides a strong foundation for renovation and modernization. Largely in original condition and ready for updates, this property presents an excellent opportunity for investors, contractors, or buyers looking to customize and create their dream home. Whether you’re seeking a starter home or an investment, the upside potential is undeniable. Enjoy the charm of a well-established community known for its strong neighborhood feel and enduring value. Conveniently located near shopping centers, parks, schools, and major freeways, this home is ideally situated for both comfort and accessibility. Buyer to verify square footage, permitted/livable areas, lot size, and all property information to their satisfaction.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,764 | 1,513 | 69% |
| Lot Size | 5,202 | 5,520.5 | 26% |
| Price | $799.0K | $1.04M | 7% |
| Price per sq ft | $453 | $679 | 7% |
| Built year | 1952 | 1953 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 111 | 4% |
May 6, 2026
$799,000
Initial Listing