
Torrance, California 90501
This Spacious Two-Story Residence represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned well below the $1,404,062 Fair Market Value by 3%. This valuation gap offers $54,062 in Instant Equity for the buyer. With a Condition Rating of 4, the home is move-in ready but offers significant upside through cosmetic modernization. Located in the Torrance Unified School District near top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2329 W 227th Subject | $1,250,000* List Price | 5 | 4 | 2,760 | $473 | - |
A 2446 W. 229th Place Sold | $1,040,000 | 4 | 2 | 1,845 | $564 | 0.3 mi |
B 2032 W 231st Sold | $1,390,000 | 4 | 3 | 2,559 | $543 | 0.6 mi |
C 2362 W 234th Sold | $1,160,000 | 4 | 3 | 2,120 | $547 | 0.5 mi |
D 1888 Plaza Del Amo Sold | $1,100,000 | 4 | 3 | 2,136 | $515 | 0.6 mi |
E 2108 Santa Fe Active | $1,099,000 List Price | 3 | 3 | 2,134 | $515 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967 and under the same ownership since 1987, the property is well-maintained and move-in ready but functionally dated. The listing explicitly suggests an opportunity for updates and personalization, indicating that the kitchen, bathrooms, and major systems are likely over 20 years old.
With 5 bedrooms, 4 bathrooms, and 2,760 square feet of living area, this property provides exceptional scale and flexibility for multigenerational households or those requiring multiple home offices.
Situated in the Torrance Unified School District and less than a mile from Torrance High School (Rating 8), the location ensures strong resale value and access to quality education.
Offered for the first time since 1987, this well-maintained home presents a prime opportunity for buyers to build equity through modern cosmetic updates and personalization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While move-in ready, the home likely requires a comprehensive aesthetic overhaul to replace older finishes and bring the property up to contemporary design standards.
The 5,350 square foot lot is relatively small for a home of this size, resulting in limited backyard space for outdoor recreation or potential expansions like a pool.
Significant Price Improvement! First time on the market since 1987, this spacious two-story home presents a unique opportunity for buyers seeking to renovate, update, and create their dream home. Offering generous living space, hardwood flooring, multiple bedrooms and bathrooms, and a flexible floor plan, this property is full of potential. The home features an open living and dining area, a versatile bonus room that may be used as an office, den, playroom, or creative space, and a private backyard with a decorative fountain. The roof was replaced approximately 6.5 years ago. The property requires repairs, updating, and improvements and is priced accordingly. Ideal for investors, contractors, or owner-occupants looking to personalize a home while building equity. Rarely does an opportunity like this become available after nearly four decades of ownership.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,760 | 1,619.5 |
| Lot Size | 5,350 | 5,695.5 |
| Price | $1.25M | $1.25M |
| Price per sq ft | $453 | $770 |
| Built year | 1967 | 1955 |
| HOA | $0 | $85 |
| Days on market | 42 | 42 |
Jun 24, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Jun 10, 2026
$1,350,000
Initial Listing