
Torrance, California 90505
This property presents a High-Potential Investment Opportunity with a List Price of $1,290,000—positioned well above the $1,112,999 Fair Market Value. While the property is priced at a premium, its R3 Zoning and Dual-Unit Versatility—featuring a 3-bedroom main house and a separate 1-bedroom in-law suite—provide significant long-term development and rental potential. With a Condition Rating of 4, the home requires modernization, yet it remains a strategic asset in the Torrance Unified School District. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2834 Pacific Coast Highway Subject | $1,290,000* List Price | 4 | 2 | 1,006 | $1,106 | - |
A 26223 Delos Sold | $1,150,000 | 3 | 1 | 1,140 | $1,009 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property shows signs of a partial renovation that is likely over 20 years old. The kitchen features dated tile countertops and oak-trimmed cabinetry, and while the home appears functional and move-in ready, it requires significant cosmetic updates and modernization of systems to meet current standards.
The R3 zoning provides a rare and valuable opportunity for investors or developers to explore high-density residential projects in a prime South Torrance location.
The configuration of a 3-bedroom main house plus a separate 1-bedroom in-law suite offers excellent flexibility for multigenerational living or immediate rental income potential.
Situated in the highly desirable Walteria neighborhood, the property offers convenient access to the Torrance Unified School District, local dining, and major South Bay transportation routes.
With only 1,006 square feet of total living area distributed across four bedrooms and two units, the interior layout is likely to feel cramped and undersized for larger families.
Being located directly on Pacific Coast Highway, the property is subject to significant traffic noise and congestion, which may detract from the residential appeal and privacy.
Location! Location! Location! Located in South Torrance’s desirable Walteria neighborhood, the property offers convenient access to shopping, dining, major transportation routes, and the South Bay's many amenities. Discover the possibilities at 2834 Pacific Coast Hwy, Torrance, a property offering a unique combination of location, flexibility, and income potential. Zoned R3, this property provides an attractive opportunity for investors, developers, or buyers looking for versatile residential use. The front house features 3 bedrooms and 1 bathroom, providing a comfortable living space for a family. In addition, a separate 1-bedroom, 1-bath in-law quarter located next to the garage offers added privacy and flexibility for extended family, guests, or potential rental use. The layout is particularly well suited for multigenerational living, allowing family members to live nearby while maintaining their own space. A versatile property with space for family, flexibility for the future, and strong investment potential. Buyer to independently verify zoning, permitted uses, density, development potential, setbacks, parking requirements, and all other property and development information with the City of Torrance.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,006 | 1,651.482 |
| Lot Size | 5,151 | 5,818.359 |
| Price | $1.29M | $1.25M |
| Price per sq ft | $1.3K | $775 |
| Built year | 1952 | 1955 |
| HOA | $0 | $190 |
| Days on market | 2 | 43 |
Sep 7, 2026
$1,290,000
Initial Listing