18329 Van Ness Avenue, Torrance, California 90504, Torrance, 90504 - 3 bed, 3 bath
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Torrance, California 90504
This Townhouse presents a Prime Investment Opportunity with a List Price of $655,000—positioned well below the $670,537 Fair Market Value by 2%. This valuation gap offers $15,537 in Instant Equity. Featuring a Condition Rating of 4, the property requires cosmetic modernization, yet offers unique privacy with direct garage-to-backyard access. Located near top-rated schools like North High School and Arlington Elementary, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking long-term value in a quiet Torrance neighborhood.
Property is moderate renovation needed.
Built in 1964, the property is dated with original features like popcorn ceilings, old wallpaper, and worn carpeting. While it includes some newer appliances and updated flooring in the living area, the overall condition of the kitchen and baths reflects a lack of recent major renovation (likely >20 years), requiring cosmetic updates and modernization.
Ideally situated in a peaceful neighborhood within walking distance to Nijiya Market and shopping plazas, offering exceptional convenience and high lifestyle appeal.
The direct connection from the private garage to the backyard is a rare layout feature that provides enhanced security, privacy, and ease of access.
The property is zoned for highly-rated schools, including North High School and Arlington Elementary, which supports long-term property value and family demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =217623, other record lot size in square feet = 217571.
The association fee of $475 per month represents a significant recurring cost that may impact the overall affordability for budget-conscious buyers.
Built in 1964, the property may require additional investment for modernizing older systems or structural elements to meet contemporary standards.
Located in a quiet and peaceful Torrance neighborhood. This home offers a comfortable and functional layout, ideal for both everyday living and long-term value. Conveniently situated within walking distance to Nijiya Market and the surrounding shopping plaza, with El Camino College just minutes away. Easy access to nearby freeway. A unique feature of this home is the direct connection from the private garage to your own backyard, allowing you to enter the home without going around the exterior, providing convenience, privacy, and security. A great opportunity to own in a desirable and accessible location while enjoying a calm residential setting. Come with newer appliances, only one year old refrigerator & oven / stove . Buyer to verify all the property information.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,321 | 1,780 |
| Lot Size | 217,623 | 164,788 |
| Price | $655.0K | $869.7K |
| Price per sq ft | $496 | $561 |
| Built year | 1964 | 1984 |
| HOA | $475.0 | $275 |
| Days on market | 52 | 46 |
May 31, 2026
$655,000
Initial Listing