22040 Normandie, Torrance, California 90502, Torrance, 90502 - 3 bed, 1 bath
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Torrance, California 90502
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned above the $839,721 Fair Market Value. While the property carries a Condition Rating of 5, its primary value lies in its 7,026 sqft lot and strategic location near the Harbor-UCLA Medical Center. The site offers significant Development Potential for land assembly or redevelopment. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on long-term land banking in a supply-constrained market.
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 | $744 | - |
A 23229 Meyler Avenue Sold | $775,000 | 3 | 1 | 1,172 | $661 | 0.9 mi |
B 939 Belson Street Sold | $910,000 | 3 | 2 | 1,382 | $658 | 0.8 mi |
C 1123 W 213th Sold | $855,000 | 3 | 2 | 1,352 | $632 | 0.6 mi |
D 1034 Gian Drive Sold | $969,000 | 3 | 2 | 1,542 | $628 | 0.5 mi |
E 22042 Normandie Active | $995,000 List Price | 2 | 1 | 1,004 | $991 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 (68 years old) with no recorded renovations, this property is marketed primarily for its land value and 'future development opportunities.' The 3-bedroom, 1-bathroom layout is functionally obsolete for modern standards, and the exterior shows significant cracking in the driveway and aged roofing, suggesting the structure requires a total rehab.
Situated near Harbor-UCLA Medical Center and major transportation corridors, the property offers high visibility and accessibility in a supply-constrained market.
The opportunity to assemble this lot with adjacent parcels provides significant scale for investors or developers looking for long-term land banking or redevelopment.
With over 7,000 square feet of land, the property offers ample space for potential expansion, ADU construction, or outdoor improvements.
Featuring only one bathroom for a three-bedroom home, the layout may be less appealing to modern families and might require a renovation to add a second bath.
At nearly $1 million for a modest 1,128 square foot home built in 1956, the price point reflects its land value more than the current residential structure's utility.
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 | 1,619.5 |
| Lot Size | 7,026 | 5,695.5 |
| Price | $995.0K | $1.25M |
| Price per sq ft | $882 | $770 |
| Built year | 1956 | 1955 |
| HOA | $0 | $85 |
| Days on market | 0 | 42 |
Jun 22, 2026
$995,000
Initial Listing
Oct 4, 2021
$600,000
Public Record
Sep 10, 2001
$234,500
Public Record