18403 Eriel Avenue, Torrance, California 90504, Torrance, 90504 - 3 bed, 2 bath
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Torrance, California 90504
This Value-Add Development Asset is listed at $830,000, positioned closely to its $800,678 Fair Market Value. Featuring a Condition Rating of 5, the property requires a comprehensive "design from scratch" rehabilitation to reach modern living standards. The 5,690 Square Foot Lot is situated on a rare, private one-sided cul-de-sac within the prestigious Torrance Unified School District, specifically near North High School and Yukon Elementary. This project offers significant forced appreciation potential, making it a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity in a high-demand South Bay pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18403 Eriel Avenue Subject | $830,000* List Price | 3 | 2 | 1,263 | $634 | - |
A 17405 Kornblum Avenue Sold | $880,000 | 3 | 1 | 1,272 | $692 | 0.9 mi |
B 1925 W 186th Sold | $899,000 | 3 | 2 | 1,228 | $732 | 0.9 mi |
C 16725 Elgar Avenue Sold | $885,500 | 3 | 2 | 1,328 | $667 | 1.0 mi |
D 2306 W 180th Sold | $845,000 | 3 | 2 | 1,364 | $620 | 0.6 mi |
E 18028 Falda Avenue Sold | $925,000 | 3 | 2 | 1,228 | $753 | 0.2 mi |
F 2824 W 177th Street Pending | $819,000 List Price | 3 | 2 | 1,220 | $671 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and marketed as a 'design from scratch' opportunity, this property requires substantial rehabilitation. The listing description emphasizes the lot and location over the interior condition, explicitly suggesting a major remodel or total redesign. Given the age and the 'blank canvas' marketing, the kitchen, bathrooms, and major systems are likely original or severely outdated, fitting the criteria for a property needing significant repair to reach modern living standards.
Situated at the end of a private, one-sided cul-de-sac with only five homes, the property offers exceptional privacy and a quiet environment removed from through-traffic.
The home is located within the prestigious Torrance Unified School District, with North High School and Yukon Elementary both less than half a mile away.
With a 5,690 square foot lot and a structure positioned for a total redesign, this property provides a blank canvas for investors or homeowners to build equity through a custom remodel.
The property is marketed as a 'design from scratch' opportunity, implying that the 1953 structure likely requires a substantial capital investment to reach modern living standards.
At 1,263 square feet for a three-bedroom home, the current interior footprint is relatively compact, which may necessitate a costly expansion to accommodate modern lifestyle preferences.
Location, Location, Location. Privacy, Privacy, Privacy. This property located in the highly desirable Torrance area with built-in privacy is now available for you to design your ultimate dream home. This Torrance home is at the end of a private cul de sac with five homes on a one-sided street, ensuring peace, quiet and privacy. The home has 3 bedrooms, 2 bathrooms and is 1,263 square feet. The primary bedroom has en suite and a hallway bathroom. There is a large front yard with a spacious and private backyard. Total lot size is 5,690 square feet with limitless possibilities for a major remodel or redesign from scratch. Located near award winning schools with Redondo Beach and Hermosa Beach less than 5 miles away. Restaurants, grocery stores, and the Galleria and Del Amo mall are all within 10 minutes. Concerts, ball parks, amusement parks? Whatever your interest your amazing freeway access allows for an immediate commute without fighting surface traffic all while hidden away on a cul de sac street removed from noise and stress. This location allows for the opportunity of a lifetime: a quiet and private lifestyle with immediate access to a multitude of choices for entertainment. Your dream location and home are waiting.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,263 | 1,455 | 22% |
| Lot Size | 5,690 | 5,402 | 67% |
| Price | $830.0K | $990.0K | 13% |
| Price per sq ft | $657 | $671 | 46% |
| Built year | 1953 | 1954 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 670 | 183 | 0% |
Oct 4, 2025
$830,000
$865,000
-4% Price Drop
Initial Listing
Aug 28, 2025
$865,000
Initial Listing
Jun 21, 2024
$1,100,000
Initial Listing