23501 Ladeene Avenue, Torrance, California 90505, Torrance, 90505 - 3 bed, 2 bath
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Torrance, California 90505
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,375,000—positioned well below the $1,395,697 Fair Market Value by 1.48%. This valuation gap offers $20,697 in Instant Equity. Featuring a Condition Rating of 3, the home includes a private hot tub, spacious flat lot, and rare alley access. Located in the Torrance Unified School District near South High School, this property is an ideal sanctuary for growing families or owner-occupants seeking a move-in ready home with long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23501 Ladeene Avenue Subject | $1,375,000* List Price | 3 | 2 | 1,473 | $949 | - |
A 23446 Kathryn Avenue Sold | $1,691,000 | 4 | 2 | 1,687 | $1,002 | 0.1 mi |
B 4626 Greenmeadows Avenue Sold | $1,340,000 | 3 | 2 | 1,669 | $803 | 0.5 mi |
C 22826 Marjorie Sold | $1,425,000 | 3 | 2 | 1,704 | $836 | 0.6 mi |
D 22734 Marjorie Sold | $1,320,000 | 3 | 2 | 1,496 | $882 | 0.6 mi |
E 4808 Highgrove Sold | $1,430,000 | 3 | 2 | 1,243 | $1,150 | 0.6 mi |
F 3437 W 229th Street Sold | $1,205,000 | 4 | 2 | 1,209 | $997 | 0.8 mi |
G 4922 Reynolds Road Sold | $1,610,000 | 3 | 2 | 1,714 | $939 | 0.9 mi |
H 4428 W 234th Street Active | $1,589,000 List Price | 4 | 2 | 1,672 | $950 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the home is well-maintained and move-in ready. It features updated stainless steel appliances, recessed lighting, and refinished hardwood floors. Key systems have been recently improved, including a newer heater and water heater. The kitchen and overall interior reflect a renovation likely within the 10-20 year range, making it functional and clean despite some dated finishes like tile countertops.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
Situated in the highly sought-after South Torrance neighborhood, the property is walking distance to top-rated schools like South High and Lago Seco Park, offering an ideal lifestyle for families.
The spacious 6,214 sqft flat lot features rare street-to-alley access, providing exceptional convenience and significant potential for future expansion or the addition of an ADU.
While move-in ready, the 1962 construction and 'reimagine over time' description suggest that interior finishes may require cosmetic updates to meet modern luxury preferences.
Unlike many premium properties in the coastal South Bay area, this residence lacks any significant views of the ocean or city lights, which may impact its competitive edge.
Tucked away on a quiet, tree-lined street in one of the South Bay’s most beloved neighborhoods, this single-level 3-bedroom, 2-bathroom South Torrance home welcomes you with charming curb appeal, manicured landscaping, and a warm, inviting presence from the moment you arrive. Move-in ready and full of future potential, the comfortable floor plan offers easy everyday living, while the spacious, flat lot provides room to entertain, garden, or simply enjoy the coastal lifestyle. A charming split Dutch door invites the ocean breeze inside, adding to the home's relaxed South Bay character. The generous backyard is designed for enjoyment, featuring an above-ground hot tub and plenty of space to gather with friends, unwind after a day at the beach, or enjoy peaceful evenings at home. A charming tree fort adds a touch of adventure and imagination to the backyard, creating a special space for play and making memories. Rare street-to-alley access adds flexibility and convenience. Thoughtful improvements include a newer heater and water heater, a whole-house water softener system, and reverse osmosis kitchen water filtration. Ideally located just a block from beloved Lago Seco Park and award-winning South Torrance schools, with the shops and restaurants of Riviera Village nearby and the beach only minutes away, this home offers an exceptional combination of location, lifestyle, and opportunity. Enjoy it exactly as it is today or reimagine it over time to create your dream South Torrance home.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,473 | 1,619.5 |
| Lot Size | 6,214 | 5,695.5 |
| Price | $1.38M | $1.25M |
| Price per sq ft | $933 | $770 |
| Built year | 1962 | 1955 |
| HOA | $0 | $85 |
| Days on market | 47 | 42 |
Jun 5, 2026
$1,375,000
Initial Listing
Apr 27, 2016
$817,000
Public Record
Nov 12, 2004
$675,000
Public Record
May 28, 2004
$590,000
Public Record