17507 Cerise, Torrance, California 90504, Torrance, 90504 - 2 bed, 2 bath
Loading property details...
Torrance, California 90504
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $823,128 Fair Market Value by 2%. This valuation gap offers $24,128 in Instant Equity. With a Condition Rating of 5, the property requires a full kitchen remodel and modernization. The large lot and cul-de-sac location provide excellent ADU potential, while the Torrance Unified School District location ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17507 Cerise Subject | $799,000* List Price | 2 | 2 | 1,394 | $590 | - |
A 17415 Falda Avenue Sold | $815,000 | 2 | 2 | 1,354 | $602 | 0.2 mi |
B 18220 Patronella Avenue Sold | $1,000,000 | 3 | 2 | 1,444 | $693 | 0.5 mi |
C 2824 W 177th Street Sold | $760,000 | 3 | 2 | 1,220 | $623 | 0.5 mi |
D 3730 W 173rd Street Sold | $870,000 | 3 | 2 | 1,539 | $565 | 0.3 mi |
E 17405 Kornblum Avenue Sold | $880,000 | 3 | 1 | 1,272 | $692 | 0.3 mi |
F 18022 Ardath Sold | $1,010,000 | 3 | 2 | 1,367 | $739 | 0.6 mi |
G 16718 Cerise Avenue Sold | $870,000 | 4 | 2 | 1,764 | $493 | 0.5 mi |
H 2129 W 178th Street Sold | $865,000 | 3 | 2 | 1,366 | $633 | 1.0 mi |
I 18403 Eriel Avenue Active | $920,000 List Price | 3 | 2 | 1,263 | $728 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and held by the same owner for 50 years, the home is significantly dated with original finishes. The listing explicitly states the need for a new kitchen and suggests converting rooms to create a primary suite, indicating the property requires a full rehab to meet modern standards.
The property is situated on a quiet cul-de-sac with a wide driveway and ample parking, providing an ideal layout and space for adding an Accessory Dwelling Unit (ADU).
The floor plan includes a large family room with separate access that can be converted into a primary suite, offering flexibility for multi-generational living or rental income.
Located within the highly regarded Torrance Unified School District, the home is in close proximity to several schools with high ratings of 7 and 8.
Being on the market for the first time in 50 years, the home requires a kitchen remodel and likely further cosmetic updates to meet contemporary buyer expectations.
With only two existing bedrooms, the current configuration may be a drawback for larger families who are not looking to immediately undergo a renovation or conversion.
A warm, clean and well kept house, first time in the market after almost 50 years. Put a new kitchen and call it home. 2 bed / 2 full bath / plus large family room that can be turned into a perfect primary bedroom/suite, with separate access to side yard and backyard, and a totally separate laundry room next to it. There is another laundry hook up area in the garage for those who prefer to have two sets of washer/dryer. This quiet cul-de-sac, with plenty of parking space, and wide drive ways, is the most perfect location to think about adding an ADU.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,394 | 1,619.5 |
| Lot Size | 5,876 | 5,695.5 |
| Price | $799.0K | $1.25M |
| Price per sq ft | $573 | $770 |
| Built year | 1950 | 1955 |
| HOA | $0 | $85 |
| Days on market | 10 | 42 |
Jul 12, 2026
$799,000
Initial Listing