
Torrance, California 90505
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,281,423 Fair Market Value by 10%. This valuation gap offers $131,423 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, yet the 5,725 sqft lot provides significant ADU Development Potential. Located in the Torrance Unified district with 9/10 rated schools, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2610 Dalemead Subject | $1,150,000* List Price | 2 | 2 | 1,412 | $908 | - |
A 26223 Delos Sold | $1,150,000 | 3 | 1 | 1,140 | $1,009 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old) with no mention of recent renovations to kitchens, baths, or systems. The listing description explicitly invites buyers to 'reimagine' the space, which is industry shorthand for a property requiring a full rehab to meet modern standards.
Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
Situated in the highly desirable Walteria neighborhood, this property offers immediate access to award-winning Torrance Unified schools, including Walteria Elementary and South High School, both rated 9/10.
The generous 5,725 sqft lot features a detached garage and a spacious backyard, providing an ideal footprint for a savvy buyer to construct an Accessory Dwelling Unit (ADU) or guest quarters.
The property is positioned as a 'reimagine' opportunity, suggesting that the 1953 original structure likely requires a substantial capital investment for cosmetic and functional upgrades.
Despite the ample square footage, the current 2-bedroom configuration may limit the property's appeal to larger families specifically seeking the area's high-demand school district.
Walteria gem now available. This 2 BED 2 BATH home is situated in one of the best parts of Torrance with all the amenities the south bay has to offer. Step inside to a spacious lay out that your buyers can reimagine into their own space. Generous back yard as well with a detached garage, perfect to build an ADU or mother in law quarters. Incredible opportunity for the savvy buyer looking to purchase a perfect starter entry property in the south bay marketplace with it's award winning schools and lifestyle.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,412 | 1,716.5 | 25% |
| Lot Size | 5,725 | 6,103.5 | 27% |
| Price | $1.15M | $1.60M | 11% |
| Price per sq ft | $814 | $866 | 44% |
| Built year | 1953 | 1955 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 100 | 4% |
May 27, 2026
$1,150,000
Initial Listing