
Torrance, California 90502
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned above the $913,135 Fair Market Value. While priced for its strategic land-banking potential, the Condition Rating of 3 features a modern, high-end kitchen renovation. The 7,026 sqft lot offers significant development upside, especially when combined with adjacent parcels. This is a strategic Asset for Buy-and-Hold Investors or Developers seeking to capitalize on the West Carson corridor’s proximity to major employment centers and medical hubs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22040 Normandie Subject | $995,000* List Price | 3 | 1 | 1,128 | $810 | - |
A 21337 Payne Sold | $825,000 | 3 | 2 | 1,233 | $669 | 0.7 mi |
B 1126 Fiat Street Sold | $920,000 | 3 | 1 | 1,256 | $732 | 0.2 mi |
C 23229 Meyler Avenue Sold | $775,000 | 3 | 1 | 1,172 | $661 | 0.9 mi |
D 23232 Doble Sold | $926,000 | 3 | 2 | 1,290 | $718 | 1.0 mi |
E 950 Belson Sold | $860,000 | 3 | 1 | 968 | $888 | 0.8 mi |
F 22832 Menlo Sold | $725,000 | 3 | 2 | 910 | $797 | 0.9 mi |
G 939 Belson Street Sold | $910,000 | 3 | 2 | 1,382 | $658 | 0.8 mi |
H 806 W 219th Street Sold | $730,000 | 2 | 1 | 820 | $890 | 0.6 mi |
I 1003 W 225th Active | $749,000 List Price | 3 | 2 | 1,143 | $655 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property was built in 1956, the interior features a high-end, modern kitchen renovation (likely <5 years old) with stainless steel appliances, quartz countertops, and new cabinetry. The exterior and driveway show visible aging and cracking, but the interior updates make the home move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7026, living area = 1128.
Situated in a prime West Carson corridor near Harbor-UCLA Medical Center and major transit routes, offering high demand for medical professionals and commuters.
The rare opportunity to assemble this lot with two adjacent parcels provides significant scale for investors or developers seeking land-banking or multi-unit projects.
Built in 1956 with only one bathroom for three bedrooms, the home's layout may require significant capital investment to meet modern residential expectations.
The list price reflects speculative land value and development potential, resulting in a high price-per-square-foot that may exceed standard residential comps for the area.
Positioned in a prime West Carson location, 22040 Normandie Avenue presents a rare opportunity to own a standalone investment property or combine it with the adjacent parcels at 22042 and 22102 Normandie Avenue. Together, the three properties create a substantial landholding with potential appeal to investors, developers, and owner-users seeking scale in a supply-constrained market. Located along the Normandie Avenue corridor near Harbor-UCLA Medical Center, major transportation routes, public transit, and significant employment centers, this offering combines current income potential with long-term strategic value. Whether your goal is income generation, portfolio expansion, land banking, or exploring future development opportunities, this offering provides exceptional flexibility in one of the South Bay’s most strategically located areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,128 | 1,651.482 |
| Lot Size | 7,026 | 5,818.359 |
| Price | $995.0K | $1.25M |
| Price per sq ft | $882 | $775 |
| Built year | 1956 | 1955 |
| HOA | $0 | $190 |
| Days on market | 79 | 43 |
Jun 22, 2026
$995,000
Initial Listing
Oct 4, 2021
$600,000
Public Record
Sep 10, 2001
$234,500
Public Record