22042 Normandie, Torrance, California 90502, Torrance, 90502 - 2 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 $962,564 Fair Market Value by 3%. While the property requires significant capital investment due to its Condition Rating of 5, the 6,582 sqft lot and strategic location near the Harbor-UCLA Medical Center offer substantial long-term upside. This asset is best suited for Buy-and-Hold Investors or Developers looking to capitalize on the rare three-property assemblage potential within this rapidly evolving corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22042 Normandie Subject | $995,000* List Price | 2 | 1 | 1,004 | $959 | - |
A 22040 Normandie Active | $995,000 List Price | 3 | 1 | 1,128 | $882 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this 98-year-old property far exceeds the 30-year threshold for a major rehab. The listing's focus on 'land investment,' 'assemblage,' and 'long-term potential' strongly suggests the systems, kitchen, and baths are outdated. While it maintains 'immediate utility,' the cracked driveway and aged exterior indicate it needs significant restoration.
The property is part of a rare three-property assemblage opportunity, offering significant scalability for developers or investors looking to capitalize on a rapidly evolving corridor.
Situated near Harbor-UCLA Medical Center and major transportation routes, the location ensures high demand for rental income and proximity to major employment centers.
With a 6,582 sqft lot, the property provides substantial space for potential expansion, ADU development, or complete site reimagining compared to the modest existing structure.
At nearly $1,000,000 for a 1,004 sqft 2-bedroom home, the value is heavily weighted in the land, which may limit appeal for traditional owner-occupant buyers.
Built in 1926, the residence likely requires significant modernization and capital investment to address deferred maintenance and meet contemporary building standards.
Opportunity meets flexibility at 22042 Normandie Avenue. Available individually or as part of a three-property assemblage with neighboring 22040 and 22102 Normandie Avenue, this property offers buyers the chance to acquire a strategic holding in a rapidly evolving corridor. Situated along the Normandie corridor near major transportation routes, shopping, employment centers, and Harbor-UCLA Medical Center, the property offers both immediate utility and long-term potential. Whether you’re seeking rental income, a personal residence, or a long-term land investment, this property provides numerous possibilities in an area benefiting from ongoing public and private investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,004 | 1,619.5 |
| Lot Size | 6,582 | 5,695.5 |
| Price | $995.0K | $1.25M |
| Price per sq ft | $991 | $770 |
| Built year | 1926 | 1955 |
| HOA | $0 | $85 |
| Days on market | 0 | 42 |
Jun 22, 2026
$995,000
Initial Listing
Sep 15, 2021
$255,000
Public Record
Sep 10, 2001
$182,500
Public Record