2244 W 229th Place, Torrance, California 90501, Torrance, 90501 - 3 bed, 2 bath

2244 W 229th Place, Torrance, California 90501 home-pic-0
ACTIVE$1,300,000$1,729/sqft
Est. Value: $860,229
-33%
AboveEstimate
2244 W 229th Place, Torrance, California 90501
3Beds
2Baths
1,729Sqft
6,152Lot

Price Vs. Estimate

The estimated value ($860,229.255) is $439,770.745 (33%) lower than the list price ($1,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a peaceful, established Torrance neighborhood with convenient access to top-rated schools, parks, shopping, restaurants, and major freeways.
Top Cons:
As-Is Condition & Required Investment: Being sold 'AS-IS' implies the need for immediate and potentially substantial investment in repairs, upgrades, and modernization to meet current market expectations.

Compared to the nearby listings

Price:$1.30M vs avg $1.10M (+$200,000)74%
Size:1,729 sqft vs avg 1,513 sqft66%
Price/sqft:$752 vs avg $72758%

More Insights

Built in 1949 (77 years old).
Condition: The property, built in 1949, is being sold 'AS-IS' and requires substantial updates and rehabilitation. The kitchen features very dated tiled countertops, older cabinets (one missing a door), dated flooring, and an old fluorescent light fixture. The bathroom also exhibits very dated tiled shower surrounds and flooring, along with a basic, older vanity. These areas require full renovations, not just minor updates. The presence of an unpermitted sunroom also indicates a significant issue requiring attention. While the home has been maintained, its core components and aesthetic are significantly outdated, aligning with the 'Poor' condition criteria.
Year Built
1949
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$752
HOA
-
Days on market
-
Sold On
-
MLS number
PW25041780
Home ConditionPoor
Features
Patio
View-

About this home

Located in a peaceful and established neighborhood of Torrance, this charming two-story home offers 3 bedrooms, 2 bathrooms, and 1,729 sq. ft. of living space on a 6,152 sq. ft. lot. Lovingly maintained by the same family for over 23 years, the home is being sold AS-IS, offering a great opportunity for the next owner to bring their vision and make it their own. The functional layout includes a primary bedroom and full bathroom on the first floor, providing convenience and flexibility. Upstairs, you'll find a spacious loft-style area, perfect as a den or home office—originally designed as the third bedroom and easily convertible back. One of the highlights of this property is the beautifully maintained garden, filled with mature fruit trees including plum, jujube, persimmon, guava, grapefruit, loquat, and grapevines. Enjoy the lush surroundings or harvest your own fruit in this serene outdoor retreat. An unpermitted sunroom—currently used as storage—adds additional utility and potential space. Conveniently located near top-rated Torrance schools, parks, shopping centers, restaurants, and major freeways, this home is ideal for homeowners and investors alike. Don't miss this rare opportunity to own a home full of character, natural beauty, and potential in a highly desirable neighborhood. Schedule your private showing today!

M
Mili Ku
Listing Agent

Nearby schools

7/10
Howard Wood Elementary School
Public,K-50.3mi
6/10
John Adams Elementary School
Public,K-50.6mi
7/10
Lomita Math/Science/Technology Magnet School
Public,K-51.1mi
5/10
J. H. Hull Middle School
Public,6-80.3mi
6/10
Alexander Fleming Middle School
Public,6-81.8mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,9-120.4mi
8/10
Torrance High School
Public,9-120.9mi
5/10
Nathaniel Narbonne Senior High School
Public,9-121.2mi

Price History

Date
Event
Price
09/25/01
Sold
$265,000
Condition Rating
Poor

The property, built in 1949, is being sold 'AS-IS' and requires substantial updates and rehabilitation. The kitchen features very dated tiled countertops, older cabinets (one missing a door), dated flooring, and an old fluorescent light fixture. The bathroom also exhibits very dated tiled shower surrounds and flooring, along with a basic, older vanity. These areas require full renovations, not just minor updates. The presence of an unpermitted sunroom also indicates a significant issue requiring attention. While the home has been maintained, its core components and aesthetic are significantly outdated, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a peaceful, established Torrance neighborhood with convenient access to top-rated schools, parks, shopping, restaurants, and major freeways.
Unique Outdoor Amenities: Features a beautifully maintained garden with a variety of mature fruit trees (plum, jujube, persimmon, guava, grapefruit, loquat) and grapevines, offering a serene and productive outdoor space.
Flexible Living Space: Offers a functional two-story layout including a convenient first-floor primary bedroom and bathroom, plus a spacious loft-style area upstairs that can be easily converted back to a third bedroom or used as a den/office.
Value-Add Opportunity: The 'AS-IS' sale presents a significant opportunity for a new owner to bring their vision, customize the home, and potentially increase its value through renovations and updates.
Long-Term Care & Character: Maintained by the same family for over 23 years, suggesting a home with established character and a history of consistent care.

Cons

As-Is Condition & Required Investment: Being sold 'AS-IS' implies the need for immediate and potentially substantial investment in repairs, upgrades, and modernization to meet current market expectations.
Unpermitted Structure Risk: The presence of an 'unpermitted sunroom' introduces potential legal and financial liabilities, requiring the buyer to address permitting issues or consider removal.
Overpricing Relative to Valuation: The listing price of $1.3 million is significantly higher than the estimated property value of approximately $860,229, indicating a substantial valuation gap that may deter potential buyers or necessitate a price adjustment.
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