2474 W 237th Place, Torrance, California 90501, Torrance, 90501 - 4 bed, 2 bath
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Torrance, California 90501
This Turnkey Multi-Unit Property represents a Strong Value Opportunity, listed at $1,200,000—positioned above the $1,115,382 Fair Market Value. While priced slightly above market, the property features a Brand-New Permitted ADU and a Remodeled Main House with a Condition Rating of 2, ensuring immediate rental income or multigenerational utility. Located in the Torrance Unified School District, this asset offers long-term stability. With its City Lights View and Granite Kitchen, this versatile residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2474 W 237th Place Subject | $1,200,000* List Price | 4 | 2 | 1,296 | $861 | - |
A 23811 Huber Sold | $1,015,000 | 3 | 2 | 1,296 | $783 | 1.0 mi |
B 2147 W 236th Street Sold | $1,088,000 | 3 | 2 | 1,456 | $747 | 0.5 mi |
C 1983 Reynosa Sold | $1,010,000 | 3 | 2 | 1,485 | $680 | 1.0 mi |
D 2432 W 237th Place Sold | $981,000 | 3 | 1 | 1,044 | $940 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new permitted ADU and a fully remodeled main house with contemporary finishes, granite countertops, and updated bathrooms. Visuals confirm modern mini-split HVAC systems, recessed lighting, and high-quality flooring, indicating a comprehensive renovation within the last 5 years.
The property features a brand-new, fully permitted 1-bedroom ADU with its own private entrance and separate address, offering significant potential for rental income or multigenerational living.
Situated within the highly sought-after Torrance Unified School District, this home provides access to top-rated educational institutions, a major driver for long-term property value.
Both the main residence and the ADU are move-in ready, featuring modern upgrades such as granite countertops, contemporary finishes, and updated appliances.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 924. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main three-bedroom residence contains only one bathroom, which may be a significant drawback for families or those who frequently host guests.
With the main house measuring only 924 square feet for three bedrooms, the individual room sizes and common areas are relatively small compared to modern standards.
Rare Opportunity with a Brand-New Permitted ADU in the Highly Sought-After Torrance School District. Located at 2472 West 237th Place, this thoughtfully upgraded property offers the perfect blend of modern living, flexibility, and investment potential. The beautifully remodeled front home features 3 bedrooms and 1 bathroom across 924 sq. ft., highlighted by a light-filled living room and an updated kitchen with granite countertops and contemporary finishes. Complementing the main residence is a newly constructed, fully permitted 1-bedroom, 1-bathroom ADU (372 sq. ft., plus dedicated laundry area) with its own private entrance, full kitchen, washer/dryer hookups, and separate address (2476 W 237th Place), creating an ideal setup for rental income, multigenerational living, or a private workspace. Together, the property offers 1,296 sq. ft. of total living space with 4 bedrooms and 2 bathrooms. The expansive backyard is designed for both relaxation and entertaining, featuring mature fruit trees, lush landscaping, and ample room for gatherings of any size. Conveniently situated near popular shopping, dining, Del Amo Fashion Center, and Torrance Memorial Hospital. This move-in-ready home presents a rare opportunity to own a versatile property in one of Torrance’s most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,296 | 1,520 | 38% |
| Lot Size | 5,201 | 6,118 | 18% |
| Price | $1.20M | $1.06M | 70% |
| Price per sq ft | $926 | $696 | 79% |
| Built year | 1954 | 1952 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 128 | 3% |
May 29, 2026
$1,200,000
$1,175,000
+2% Price Increase
Initial Listing
Apr 24, 2026
$1,175,000
Initial Listing
Oct 6, 2010
$440,000
Public Record
Apr 30, 1999
$225,000
Public Record