24812 Pitcairn Way, Torrance, California 90505, Torrance, 90505 - 4 bed, 4 bath
Loading property details...
Torrance, California 90505
This Turnkey Multi-Unit Residence is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,817,567 Fair Market Value by 6%. This valuation gap offers $118,567 in Instant Equity. Featuring a Condition Rating of 2, the home includes a permitted ADU and JADU, offering rare income potential. Located in the Torrance Unified School District near 9/10-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, income-generating sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24812 Pitcairn Way Subject | $1,699,000* List Price | 4 | 4 | 2,482 | $732 | - |
A 3607 Courtney Way Sold | $2,000,000 | 4 | 4 | 2,554 | $783 | 0.3 mi |
B 2806 Pacific Coast Sold | $1,520,000 | 3 | 2 | 2,117 | $718 | 0.5 mi |
C 24409 Neece Sold | $1,905,000 | 4 | 3 | 2,572 | $741 | 0.6 mi |
D 2814 Dalemead Sold | $1,470,000 | 4 | 2 | 1,715 | $857 | 0.5 mi |
E 25223 Weston Road Sold | $1,360,000 | 3 | 2 | 1,556 | $874 | 0.3 mi |
F 25932 Richville Drive Sold | $1,863,000 | 4 | 3 | 2,926 | $637 | 1.0 mi |
G 24802 Madison Active Under Contract | $1,720,000 List Price | 4 | 3 | 2,226 | $773 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end remodel within the last 5 years. It features a modern kitchen with a waterfall island and new appliances, updated bathrooms, and significant system upgrades including new electrical, plumbing, and central HVAC, making it move-in ready with no maintenance required.
Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
The property features both a permitted attached ADU and a separate permitted JADU, offering rare versatility for multi-generational living or significant rental income to offset the mortgage.
This is a true turnkey home with extensive recent improvements including new electrical, plumbing, windows, central AC, and high-end designer finishes like the kitchen's waterfall island.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2482, other record living area = 884. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Given the footprint of the main residence plus two additional units on a 5,994 sq ft lot, the available outdoor living and garden space is likely restricted compared to traditional single-family homes.
The three-unit setup on a standard residential lot may result in a lack of privacy between occupants and could present challenges with parking or overall site congestion.
Exceptional Walteria Living Beautifully remodeled Walteria home with approximately 2,482 sqft of living space on a 5,994 sqft lot. The property features a new permitted addition to the remodeled main residence, a permitted attached ADU, and a separate permitted JADU with separate addresses. Inside, soaring ceilings and abundant natural light create a bright, welcoming atmosphere. The open-concept design centers around a stunning kitchen with a dramatic waterfall island, brand-new appliances, and refined designer finishes, creating an ideal setting for everyday living and entertaining. Recent upgrades include new electrical, new plumbing, new windows, central air conditioning, smart home features, and quality craftsmanship throughout. Located in the highly desirable Walteria neighborhood within the award-winning Torrance Unified School District, just minutes from parks, shopping, dining, and the South Bay beaches. No HOA.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,482 | 1,619.5 |
| Lot Size | 5,994 | 5,695.5 |
| Price | $1.70M | $1.25M |
| Price per sq ft | $685 | $770 |
| Built year | 1950 | 1955 |
| HOA | $0 | $85 |
| Days on market | 13 | 42 |
Jul 9, 2026
$1,699,000
Initial Listing
Jun 8, 2018
$710,000
Public Record