20717 Raymond Avenue, Torrance, California 90502, Torrance, 90502 - 2 bed, 1 bath
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Torrance, California 90502
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $750,000—positioned above the $656,383 Fair Market Value. While priced for its Mint Condition Rating, the property offers significant long-term upside through its R2-zoned lot and detached 2-car garage, which provide clear ADU conversion potential. Featuring a fully remodeled kitchen, dual mini-split HVAC, and complete electrical rewiring, this home is ideal for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance asset in a growing Torrance corridor.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (<5 years), featuring a fully remodeled modern kitchen and bathroom. Key systems have been upgraded including a new electrical panel with complete rewiring, dual mini-split HVAC systems, and a tankless water heater, meeting the criteria for mint condition with no immediate maintenance needed.
The property is fully remodeled and move-in ready, featuring significant functional improvements including an upgraded electrical panel, new dual-pane windows, and dual mini-split heating and air conditioning systems.
Situated on an R2-zoned lot with a detached two-car garage, the property offers excellent potential for an ADU conversion or future expansion, making it highly attractive to both investors and growing households.
Beyond cosmetic updates, the home includes high-value infrastructure upgrades such as a tankless water heater and complete electrical rewiring, reducing immediate maintenance concerns for the new owner.
At only 675 square feet, the interior living area is exceptionally small for a two-bedroom home, which may feel restrictive for buyers requiring more storage or larger communal spaces.
While the property holds a Torrance address, it is located in the 'County Strip' and served by the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, potentially impacting long-term resale value.
Beautifully remodeled and move-in ready, this charming home offers the perfect blend of modern upgrades and future potential. Featuring two bedrooms, one fully remodeled bathroom, and a detached 2-car garage, the property has been thoughtfully updated throughout. Recent improvements include new dual-pane windows, upgraded electrical panel with complete rewiring, dual mini-split heating and air conditioning systems, tankless water heater, new flooring, and a beautifully remodeled kitchen complete with appliances. The stylish bathroom has been fully renovated with contemporary finishes, creating a fresh and inviting living space. Step outside to a spacious backyard featuring new vinyl fencing, providing privacy and plenty of room to relax, entertain, or expand. The detached 2-car garage offers additional storage, workspace, or potential ADU possibilities (buyer to verify). Situated on an R2-zoned lot in an area experiencing exciting growth and redevelopment, this property presents an excellent opportunity for homeowners and investors alike. Conveniently located near major freeways, shopping, dining, and everyday amenities, commuting is a breeze. Don't miss your chance to own this turnkey home with exceptional upgrades and outstanding potential. Schedule your private showing today!
No exterior & parking available.
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| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 675 | 1,619.5 |
| Lot Size | 3,827 | 5,695.5 |
| Price | $750.0K | $1.25M |
| Price per sq ft | $1.1K | $770 |
| Built year | 1951 | 1955 |
| HOA | $0 | $85 |
| Days on market | 7 | 42 |
Jul 15, 2026
$750,000
Initial Listing
Jul 10, 2025
$525,000
Public Record