20512 Berendo Avenue, Torrance, California 90502, Torrance, 90502 - 3 bed, 2 bath

20512 Berendo Avenue, Torrance, California 90502 home-pic-0
ACTIVE$749,000
20512 Berendo Avenue, Torrance, California 90502
3Beds
2Baths
1,784Sqft
6,483Lot

Price Vs. Estimate

The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential: The property features a 3rd bedroom with a kitchenette, bathroom, and separate entrance, ideal for renting out or use as a mother-in-law suite.
Top Cons:
Fixer-Upper Condition: The property is described as a 'fixer-upper,' indicating that it requires significant repairs and renovations.

Compared to the nearby listings

Price:$749.0K vs avg $824.0K ($-75,000)23%
Size:1,784 sqft vs avg 1,268 sqft77%
Price/sqft:$420 vs avg $6629%

More Insights

Built in 1943 (82 years old).
Condition: The property was built in 1943 and the listing describes it as a 'fixer upper'. The kitchen and bathrooms appear dated with older appliances and fixtures. While the property seems maintained, it requires updates to meet modern standards. Some flooring has been updated, but the kitchen and bathrooms need renovation.
Year Built
1943
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$420
HOA
-
Days on market
-
Sold On
-
MLS number
SB25150499
Home ConditionFair
Features
ViewNeighborhood

About this home

First time on the market in almost 40 years, this fixer upper home is ready for its new owner. This is an incredible opportunity to make it your own. Situated on a cul de sac and just steps away from Wishing Tree Park, this home boasts 3 bedrooms and 2 baths. This property offers a spacious family room and dining area great for entertaining. The 3rd bedroom is located towards the back of the house with its own kitchenette, bathroom and separate entrance. This space can be a mother-in-law quarter or a potential for additional income perfect for investment for those savvy buyers. This is a great opportunity to live in and rent the back space for an extra income or build an ADU (accessory dwelling unit) in the spacious backyard for additional income. The backyard and side yards have multiple fruit trees (apple, pomegranate, orange, fig, guava, apricot, and lime just to name a few). This home is located just minutes away from the beach, Del Amo Fashion Center, shops, restaurants, and the freeways. Come take a look!

Condition Rating
Fair

The property was built in 1943 and the listing describes it as a 'fixer upper'. The kitchen and bathrooms appear dated with older appliances and fixtures. While the property seems maintained, it requires updates to meet modern standards. Some flooring has been updated, but the kitchen and bathrooms need renovation.
Pros & Cons

Pros

Income Potential: The property features a 3rd bedroom with a kitchenette, bathroom, and separate entrance, ideal for renting out or use as a mother-in-law suite.
ADU Potential: The spacious backyard offers the opportunity to build an Accessory Dwelling Unit (ADU) for additional rental income.
Cul-de-sac Location: Situated on a cul-de-sac, providing a safer and quieter environment with less traffic.
Proximity to Amenities: Located minutes away from the beach, Del Amo Fashion Center, shops, restaurants, and freeways, offering convenient access to various amenities.
Fruit Trees: The backyard and side yards boast multiple fruit trees (apple, pomegranate, orange, fig, guava, apricot, and lime), adding to the property's appeal.

Cons

Fixer-Upper Condition: The property is described as a 'fixer-upper,' indicating that it requires significant repairs and renovations.
Age of Property: Built in 1943, the property may have outdated systems and require upgrades to meet modern standards.
Unknown Condition of Systems: The listing does not provide details on the condition of major systems (plumbing, electrical, HVAC), which could pose a risk for potential buyers.

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