
Torrance, California 90302
This property presents a High-Potential Investment Opportunity with a List Price of $799,500—positioned well below the $751,244 Fair Market Value by -6%. Featuring a Fair Condition Rating of 5, the home requires significant cosmetic rehabilitation and system updates to modernize the original 1956 interior. The spacious 5,463 sqft lot and quiet cul-de-sac location provide a solid foundation for value-add renovations. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior overhaul to maximize future resale potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23117 Meyler Ave Subject | $789,500* List Price | 3 | 1 | 1,225 | $613 | - |
A 23229 Meyler Avenue Sold | $775,000 | 3 | 1 | 1,172 | $661 | 0.1 mi |
B 939 Belson Street Sold | $910,000 | 3 | 2 | 1,382 | $658 | 0.2 mi |
C 1024 W 220th Sold | $625,000 | 3 | 1 | 1,012 | $618 | 0.8 mi |
D 1034 Gian Drive Sold | $969,000 | 3 | 2 | 1,542 | $628 | 0.4 mi |
E 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 extensive renovation needed.
Built in 1956 and described as 'Original,' this property has exceeded the 30-50 year threshold without significant renovations. Images show a severely dated bathroom with visible wear and an interior featuring aged wood paneling and old carpeting, indicating a need for a full rehab of cosmetic surfaces and likely aging systems.
Situated on a unique cul-de-sac, the property offers a private and quiet environment with minimal through-traffic, providing a safer and more serene setting for families.
The home features a spacious backyard on a 5,463 sqft lot, offering significant potential for outdoor entertainment, gardening, or future property expansions.
The living room is highlighted by abundant natural lighting and a classic stone fireplace, maintaining the desirable mid-century charm of the original 1956 architecture.
With 132 days on the market and a recent price reduction, the property indicates a potential struggle to attract buyers at its current valuation or condition.
The residence offers only one bathroom for three bedrooms, which may be a significant drawback for modern families and could impact the home's overall competitiveness in the Torrance market.
Original 1956 Single Family Detached Home on a unique cul-de-sac. This 3 bed, 2 bath home is perfect for a family. Its amenities includes a dishwasher, and spacious backyard for lots of family fun. Living room includes lots of natural lighting as well as a stone fireplace.
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 | 1,225 | 1,651.482 |
| Lot Size | 5,463 | 5,818.359 |
| Price | $789.5K | $1.25M |
| Price per sq ft | $644 | $775 |
| Built year | 1956 | 1955 |
| HOA | $0 | $190 |
| Days on market | 161 | 43 |
Aug 20, 2026
$789,500
$799,500
-1% Price Drop
Initial Listing
Aug 11, 2026
$799,500
Initial Listing
Apr 1, 2026
$829,500
Initial Listing