
Torrance, California 90501
Analysis of 2811 Martha Avenue, Torrance, California 90501 is currently available with a list price of $489,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Torrance Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950 and offered as a probate auction in 'as-is' condition with no warranties or contingencies. Given the age (76 years) and the nature of the sale, the property likely features original or severely outdated kitchen, baths, and systems (HVAC/Electric) requiring a complete rehab.
Listed at a highly competitive price point for Old Torrance, this property offers significant equity upside for investors or flippers looking to capitalize on a high-demand market.
The home is zoned for the prestigious Torrance High School, which carries a high rating of 8/10, ensuring strong long-term property value and appeal to families.
Situated on a spacious 5,816 sqft lot, the home features desirable interior elements like vaulted ceilings in the family room, providing a great foundation for modernization.
The sale requires a 10% deposit with absolutely no contingencies for financing, appraisal, or inspections, making it a high-risk purchase for non-cash buyers.
Subject to court confirmation and a potential overbid process, the transaction involves an uncertain and lengthy closing period that may exceed three months.
Live Probate Auction! This property will be offered at a live auction at THE PROPERTY SITE on Sunday, September 20, 2026 at 01:15 PM. This Single Family Home built in 1950 features 2 bedrooms and 2 bathrooms, +/-1,249 Sq Ft of living space, the property features vaulted ceiling in family room, +/-5,816 Sq Ft lot, APN: 7357-040-011. Auction day registration will be from 12:30 PM to 01:15 PM. The owner passed away on the Property. In order to bid on auction day, ALL BIDDERS MUST HAVE IN THEIR POSSESSION a cashier's check for $10,000 (MADE PAYABLE TO NDA INC.) AND a blank personal check for the balance of the required 10% deposit AND proof of funds (no exceptions). This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. This sale is subject to court confirmation and overbid. The timing of the hearing is subject to the courts calendar approximately 2 months from the offer deadline date. After court confirmation there will be a 45-day escrow period. The Seller reserves the right to accept, counter or reject all offers. IN ALL CIRCUMSTANCES, THERE ARE NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES. Estate of Michael Phelan.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,249 | 1,651.482 |
| Lot Size | 5,816 | 5,818.359 |
| Price | $489.0K | $1.25M |
| Price per sq ft | $392 | $775 |
| Built year | 1950 | 1955 |
| HOA | $0 | $190 |
| Days on market | 8 | 43 |
Sep 1, 2026
$489,000
Initial Listing