
Torrance, California 90501
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned well above the $1,140,654 Fair Market Value by 13%. While the pricing reflects a premium, the 4-bedroom, 3-bathroom split-level layout on a 6,405 sqft lot provides a substantial canvas for value-add renovation. Featuring a Condition Rating of 5, the home requires a full restoration of its original 1977 interiors. Located in the Torrance Unified School District, this asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to customize a classic residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2727 Orange Avenue Subject | $1,299,000* List Price | 4 | 3 | 2,319 | $492 | - |
A 2032 W 231st Sold | $1,390,000 | 4 | 3 | 2,559 | $543 | 0.6 mi |
B 2355 W 235th Place Sold | $1,335,000 | 5 | 3 | 2,220 | $601 | 0.7 mi |
C 2446 W. 229th Place Sold | $1,040,000 | 4 | 2 | 1,845 | $564 | 0.4 mi |
D 2362 W 234th Sold | $1,160,000 | 4 | 3 | 2,120 | $547 | 0.6 mi |
E 2254 W 229th Place Sold | $1,220,500 | 4 | 2 | 1,698 | $719 | 0.3 mi |
F 2148 W 230th Pending | $1,250,000 List Price | 3 | 3 | 2,232 | $560 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and appearing in near-original condition, this home is a 'time capsule' featuring 49-year-old finishes including orange shag carpet, vintage wallpaper, and popcorn ceilings. The listing explicitly calls for a full restoration and reimagining, indicating that the kitchen, bathrooms, and major systems are well beyond their functional life and require a complete rehab.
The 2,319 sqft floor plan features a functional split-level design with vaulted ceilings and a lower-level flex space, offering excellent separation for guests, a home office, or multi-generational living.
Situated on a generous 6,405 sqft lot, the property includes a spacious backyard with a grassy area and a patio designed for entertaining, providing a rare outdoor retreat in a prime urban location.
With 'strong bones' and a desirable location in the Torrance Unified School District, this home serves as an ideal canvas for a modern renovation to build immediate equity.
The property is characterized by 'vintage charm' and original 1977 finishes, necessitating a substantial budget for cosmetic and functional modernization to meet current market expectations.
While the home features central heating, the absence of a central air conditioning system is a notable drawback for comfort and may require a costly upgrade.
Incredible opportunity in a prime Torrance location on a spacious lot, featuring a 4-bed, 3-bath home filled with vintage charm and endless potential. The spacious floor plan features a distinctive split-level design, including a formal entry, formal living room, formal dining room, an inviting kitchen, a second eating area adjacent to the kitchen and a cozy step-down den with a vintage wet bar. The vaulted ceilings and large windows throughout the home bring in plenty of natural light and an abundance of warmth to the interior spaces. The lower level includes a den/ family room, an additional bedroom and bathroom, ideal for guests, extended family, a home office, or a perfect flex space. There’s also a built-in bar area, adding even more charm and entertaining potential. These separate living spaces provide flexibility and are ideal for gathering, entertaining, and everyday living. The top level features the primary bedroom, two additional bedrooms, and two bathrooms — creating a comfortable and well-designed private retreat. The spacious backyard provides a grassy open area perfect for lawn games and endless summer cookouts with friends and family at the patio. Overhead, warm string lights were thoughtfully hung throughout the space, casting a cozy ambient glow that transforms the backyard into an inviting retreat after sunset. Over the years, it has hosted countless memorable parties and gatherings, making it easy to imagine future celebrations and creating new memories. In addition, the home features an attached 2 car garage, central heating, vaulted ceilings with exposed beams and strong bones for a functional layout that creates the perfect canvas for customization. Whether you envision a tasteful restoration, a modern redesign, or an expanded indoor-outdoor living experience, the possibilities are endless. This property offers a rare opportunity to restore, renovate, and reimagine a classic residence into a truly stunning home. Torrance offers a well-rounded mix of coastal living, shopping, recreation, and family-friendly amenities, making it one of the most desirable communities in the South Bay. Residents enjoy the proximity to beautiful beaches, local parks, excellent dining, and convenient access to Los Angeles and surrounding cities. Bring your vision — opportunities like this don’t come often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,319 | 1,505.5 | 92% |
| Lot Size | 6,405 | 6,120 | 63% |
| Price | $1.30M | $1.06M | 81% |
| Price per sq ft | $560 | $697 | 21% |
| Built year | 1977 | 1952 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 135 | 3% |
May 28, 2026
$1,299,000
Initial Listing