
Torrance, California 90503
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,999—positioned well above the $1,006,778 Fair Market Value. While the price reflects a premium, the Fair Condition Rating and 6,399 sq. ft. lot offer significant upside through redevelopment. The property features a permitted enclosed patio and prime potential for ADU and Jr. ADU additions, maximizing ROI. Located in a desirable Torrance neighborhood near award-winning schools, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a well-structured asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2760 El Dorado St. Subject | $1,149,999* List Price | 4 | 2 | 1,486 | $678 | - |
A 2546 Maricopa Street Sold | $995,000 | 3 | 2 | 1,480 | $672 | 0.4 mi |
B 1024 Cranbrook Avenue Sold | $1,110,000 | 3 | 2 | 1,577 | $704 | 0.2 mi |
C 2751 Sonoma Sold | $1,020,000 | 3 | 1 | 1,086 | $939 | 0.1 mi |
D 3242 Torrance Boulevard Sold | $1,020,000 | 3 | 2 | 1,580 | $646 | 0.5 mi |
E 816 Faysmith Avenue Sold | $1,150,000 | 2 | 2 | 1,907 | $603 | 0.4 mi |
F 1115 Fonthill Active | $974,900 List Price | 3 | 2 | 1,396 | $698 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this property is explicitly marketed as a non-upgraded home for redevelopment or customization. The kitchen and bathrooms are significantly dated (likely 30-50 years old), featuring original-style cabinetry, tile, and wall heaters rather than modern central HVAC. While 'clean,' it requires a full rehab to meet modern standards.
The generous lot size offers significant potential to add both an ADU and a Jr. ADU, providing excellent ROI opportunities for investors or multi-generational living.
Ideally situated near award-winning schools, Wilson Park, and Del Amo Fashion Center, with the beach just 10 minutes away, ensuring long-term desirability.
The property features a permitted enclosed patio for additional living space, a detached 2-car garage, and an extra-long driveway for ample off-street parking.
The home is explicitly marketed as a fixer-upper needing significant upgrades, which may deter buyers looking for a move-in-ready property.
Built in 1951, the property likely requires modernization of major systems and finishes to meet contemporary standards and energy efficiency.
Welcome to highly desirable Central Torrance neighborhood. If you are looking for an Upgraded home, this is NOT for you. Priced accordingly this well structured clean home is for buyers seeking a property to upgrade, customize, or redevelop to its full potential. -The property features spacious living areas, with freshly painted interiors and upgraded flooring in the living room area. -A generous lot size, with an outstanding potential to add both an ADU and a Jr. ADU, makes this an ideal option for end-users or investors alike, the ROI on this property could potentially be very generous. -PROPERTY RIGHTS AND ALLOWED USES REPORT is included under the “Supplemental” section for your convenience. -A permitted enclosed patio adds valuable additional space, enhancing overall functionality. -Additional highlights include a detached 2-car garage, an interior laundry area, and an extra-long driveway providing ample off-street parking. Ideally situated just minutes from award-winning schools, Wilson Park—home to the Torrance Certified Farmers’ Market, playgrounds, outdoor amphitheater, fitness facilities, and recreational sports—and Del Amo Fashion Center, offering a wide variety of shopping, dining, and entertainment options without mentioning that it is located 10 mins. away from the closest beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,486 | 1,605 | 36% |
| Lot Size | 6,399 | 5,751 | 75% |
| Price | $1.15M | $1.40M | 13% |
| Price per sq ft | $774 | $877 | 34% |
| Built year | 1951 | 1955 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 100 | 1% |
May 20, 2026
$1,149,999
Initial Listing