24812 Pitcairn, Torrance, California 90505, Torrance, 90505 - 0 bed, 0 bath
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24812 Pitcairn
Torrance, California 90505
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,482Sq Ft
5,994Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,926,902
11% BelowMARKET VALUE
SUMMARY
This triplex represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned well below the $1,926,902 Fair Market Value by 11%. This valuation gap provides $227,902 in Instant Equity. Featuring a Turnkey Condition Rating with a modern designer kitchen and permitted ADU, the property offers immediate rental income potential. Located in the prestigious Walteria neighborhood near Top-Rated Schools like South High, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, multi-generational living solution.
Estimated Market Value
$1,926,902+$227,902 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24812 Pitcairn Subject | $1,699,000* List Price | 0 | 0 | 2,482 | $776 | - |
A 24241 Madison Sold | $1,440,000 | 4 | 2 | 1,756 | $820 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a high-end, comprehensive remodel within the last 5 years. It features a modern designer kitchen with waterfall stone countertops, high-gloss cabinetry, and premium appliances. The interior is in mint condition with updated flooring, recessed lighting, and turnkey finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
- Multi-Unit Versatility
This triplex configuration, featuring a main residence, a permitted attached ADU, and a separate one-bedroom unit, provides exceptional flexibility for high rental yield or multi-generational living.
- Turnkey Condition
The property has been thoughtfully remodeled with modern finishes and is move-in ready, offering a rare turnkey opportunity in a competitive market that minimizes immediate renovation costs.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers specifically looking for the coastal or city-light vistas common in other parts of the South Bay.
- 1950s Era Infrastructure
While the interior is beautifully updated, the original 1950 construction date suggests that underlying structural or utility components may be aged compared to newer developments.
About 24812 Pitcairn
Exceptional investment and owner-user opportunity in the highly desirable Walteria neighborhood of Torrance. This beautifully remodeled triplex offers three permitted residential units with excellent income potential. The property features a spacious main residence, a permitted attached ADU, and a separate one-bedroom unit, providing flexibility for multi-generational living or rental income. Thoughtfully updated with modern finishes and move-in ready, the property also offers ample parking, a prime South Bay location, and convenient access to award-winning Torrance schools, shopping, dining, parks, and major freeways. A rare opportunity to own a turnkey income-producing property in one of Torrance’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1950
- Lot Size
- 5,994 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Torrance Unified Schools
Walteria Elementary School
Grades K-5 • 0.3 mi
9/10
Riviera Elementary School
Grades K-5 • 1.9 mi
8/10
Edward J. Richardson Middle School
Grades 6-8 • 1.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,482 | 2,875 |
| Lot Size | 5,994 | 5,763 |
| Price | $1.70M | $1.29M |
| Price per sq ft | $685 | $542 |
| Built year | 1950 | 1953 |
| HOA | $0 | $0 |
| Days on market | 26 | 119 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,699,000
Initial Listing
Sold
Jun 8, 2018
$710,000
Public Record