20506 Catalina Street, Torrance, California 90502, Torrance, 90502 - 3 bed, 2 bath
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Torrance, California 90502
This Value-Add Craftsman Asset presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned below the $711,112 Fair Market Value by 1%. This valuation provides $12,112 in Instant Equity. Holding a Condition Rating of 5, the property requires a comprehensive system overhaul but offers substantial upside through its R2 Zoning and ADU development potential. The expansive 6,170 sqft lot and original 1919 architectural details make this a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20506 Catalina Street Subject | $699,000* List Price | 3 | 2 | 1,400 | $507 | - |
A 1007 W 213th Sold | $750,000 | 3 | 2 | 1,352 | $555 | 0.6 mi |
B 1123 W 213th Sold | $855,000 | 3 | 2 | 1,352 | $632 | 0.6 mi |
C 1150 Levinson Street Sold | $685,000 | 3 | 2 | 1,287 | $532 | 0.7 mi |
D 818 W 213th Street Sold | $875,000 | 4 | 2 | 1,884 | $464 | 0.7 mi |
E 21141 Berendo Active Under Contract | $819,000 List Price | 3 | 2 | 1,365 | $600 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1919, this property is explicitly marketed as a 'Fix and Flip' opportunity requiring restoration. The bathroom shows significant deterioration and moisture damage, the kitchen is outdated with mismatched components, and the 'cash or hard money only' requirement indicates the home likely has system or structural defects that prevent traditional financing.
The property is situated on a large R2-zoned lot, offering a prime opportunity to add a second unit or ADU, significantly increasing the long-term investment value.
Built in 1919, this home features timeless architectural details such as original built-ins and a formal dining room, providing a high-value foundation for a restoration project.
The expansive 6,170 sqft lot includes a gated driveway for multiple vehicles and a large backyard, offering rare outdoor space and utility for the Torrance area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1367.
The property is limited to cash or hard money buyers only, which excludes traditional mortgage seekers and narrows the pool of potential purchasers.
As a 'fix and flip' opportunity from 1919, the home likely requires a complete overhaul of major systems and cosmetics to meet modern living standards.
*OPPORTUNITY KNOCKS!* 3 bed 2 bath home on a large R2 lot with incredible potential. Classic Craftsman home with an opportunity to add an additional unit. Features include a spacious living room, formal oversized dining room with beautiful built ins, two large bedrooms and a smaller third bedroom ideal for an office or nursery, plus a screened in porch and indoor laundry room. The expansive yard offers a covered patio and plenty of outdoor space, along with a gated driveway that accommodates multiple vehicles. Conveniently located near shopping, dining, and freeway access. This is a fantastic opportunity! Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses,condition,development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
No exterior & parking available.
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 | 1,400 | 1,374 | 61% |
| Lot Size | 6,170 | 5,596 | 78% |
| Price | $699.0K | $855.0K | 17% |
| Price per sq ft | $499 | $628 | 26% |
| Built year | 1919 | 1957 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 130 | 9% |
May 2, 2026
$699,000
Initial Listing
May 13, 2004
$365,000
Public Record
May 5, 2000
$139,500
Public Record
Jan 14, 2000
$106,000
Public Record
Jun 1, 1994
$120,000
Public Record