20603 Budlong Avenue, Torrance, California 90502, Torrance, 90502 - 5 bed, 3 bath
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20603 Budlong Avenue
Torrance, California 90502
ACTIVE
CONDITION: FAIR
5Beds
3Baths
1,620Sq Ft
4,554Lot Size
Property Price
LIST PRICE$729,000
EST. MARKET VALUE
$805,126
9% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $825,000—positioned well below the $868,168 Fair Market Value by 4%. This valuation gap offers $43,168 in Instant Equity. Featuring a Dual-Living Versatility configuration and a Condition Rating of 4, the home requires cosmetic updates to reach its full potential. Its strategic location near major employment hubs and freeways ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, value-add asset.
Estimated Market Value
$805,126+$76,126 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20603 Budlong Avenue Subject | $729,000* List Price | 5 | 3 | 1,620 | $497 | - |
A 20506 Catalina Street Sold | $730,000 | 3 | 2 | 1,400 | $521 | 0.1 mi |
B 818 W 213th Street Sold | $875,000 | 4 | 2 | 1,884 | $464 | 0.7 mi |
C 1007 W 213th Sold | $750,000 | 3 | 2 | 1,352 | $555 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1951, the property shows a split condition. One unit has undergone a recent renovation (<5 years) with modern shaker cabinets, quartz counters, and updated tile work. However, the second unit and common areas remain dated with visible wear, peeling paint in the bathroom, and older carpet, requiring further updates and minor repairs to be fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Living Versatility
The property is currently configured as two separate units (3BR/2BA and 2BR/1BA), providing excellent flexibility for multi-generational living or rental income potential.
- Strategic Commuter Location
Ideally situated with rapid access to the I-110, I-405, and SR-91 freeways, making it a prime location for professionals commuting throughout the South Bay and Los Angeles.
- Proximity to Employment Hubs
Located near major institutions like Harbor-UCLA Medical Center and CSU Dominguez Hills, ensuring a consistent demand for housing from healthcare workers and academic staff.
CONSRISKS & DEFICIENCIES
- Permit and Zoning Uncertainty
The current two-unit configuration requires buyer verification of legal use and permits, which may present challenges for financing or future compliance.
- High Density on Small Footprint
Fitting 5 bedrooms and 3 bathrooms into 1,620 square feet on a 1951 structure suggests potentially cramped living quarters and dated infrastructure.
About 20603 Budlong Avenue
Welcome to 20603 Budlong Avenue, a rare and versatile opportunity in the South Bay. Originally built as a single-family residence, the property is currently configured as two separate living spaces, featuring a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, offering flexibility for owner-users, multi-generational living, or investment potential (Buyer to verify all permits and legal use). Ideally located near Harbor-UCLA Medical Center, California State University Dominguez Hills, Dignity Health Sports Park, Wilson Park, Del Amo Fashion Center, and an abundance of shopping, dining, and everyday services. Convenient access to the I-110, I-405, and SR-91 Freeways makes commuting throughout the South Bay and greater Los Angeles effortless. This is an outstanding opportunity to own a flexible property in a highly accessible location with endless possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 4,554 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,620 | 1,651.482 |
| Lot Size | 4,554 | 5,818.359 |
| Price | $729.0K | $1.25M |
| Price per sq ft | $450 | $775 |
| Built year | 1951 | 1955 |
| HOA | $0 | $190 |
| Days on market | 50 | 43 |
Pricing History
Listed for Sale
Sep 5, 2026
$729,000
$759,000
-4% Price Drop
Initial Listing
Price Change
Aug 23, 2026
$759,000
$799,000
-5% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$825,000
Initial Listing
Sold
Jul 17, 2020
$610,000
Public Record
Sold
Jun 5, 2017
$425,000
Public Record
Sold
Sep 30, 2002
$299,000
Public Record