
Torrance, California 90503
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,699,999. While currently priced above the $1,572,639 Fair Market Value, the property offers significant utility through its permitted studio ADU, providing immediate rental income potential. Featuring a Condition Rating of 2, the home includes a Granite Kitchen, new luxury vinyl flooring, and modern infrastructure upgrades. Located in the Torrance Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with multi-generational living capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3121 Sonoma Subject | $1,699,999* List Price | 4 | 2 | 1,541 | $1,021 | - |
A 1319 Kornblum Avenue Sold | $1,470,000 | 3 | 2 | 1,561 | $942 | 0.3 mi |
B 20821 Avis Avenue Sold | $1,288,000 | 3 | 2 | 1,573 | $819 | 0.6 mi |
C 1617 Flower Avenue Sold | $1,300,000 | 2 | 2 | 1,666 | $780 | 0.2 mi |
D 821 Kornblum Avenue Sold | $1,640,000 | 4 | 2 | 1,790 | $916 | 0.5 mi |
E 21221 Grant Sold | $1,555,000 | 3 | 3 | 1,227 | $1,267 | 0.8 mi |
F 21921 Grant Avenue Pending | $1,699,999 List Price | 3 | 3 | 1,694 | $1,004 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (within the last 5 years) featuring new luxury vinyl flooring, updated kitchen with granite countertops, and modern bathrooms. Major systems are brand new, including a Rheem tankless water heater, Samsung A/C, and a new main water line. The addition of a newly converted ADU with brand new appliances and a separate electric panel confirms the mint, move-in ready condition.
The property features a fully permitted studio ADU with its own address, kitchen, and electric panel, offering a turnkey opportunity for rental income or multi-generational living.
Extensive recent improvements including a new tankless water heater, EV charging station, Samsung A/C, and a new main water line provide long-term value and reduced maintenance costs.
Situated in a highly sought-after neighborhood within the Torrance Unified School District, the home offers excellent proximity to beaches, major entertainment hubs, and LAX.
The conversion of the garage into an ADU eliminates covered parking and enclosed storage, which may be a significant drawback for buyers with multiple vehicles or storage needs.
The property is listed at a significant premium compared to its late 2023 sale price, which may lead to appraisal challenges or buyer hesitation regarding the rapid equity jump.
Beautifully updated single story home in a prime location, offering exceptional comfort, style, and livability. Vaulted ceilings create an impressive first impression as you enter the home, highlighted by new luxury vinyl floors throughout. The home features 4 bedrooms and 2 bathrooms with a kitchen that is both functional and charming, offering a large pantry, Granite countertops, lots of cabinet space and the laundry room right off the kitchen with plenty of space for cabinets and storage. The garage has been converted into an attached studio ADU equipped with a full kitchen and bathroom, which also includes brand new appliances such as the oven/stove, microwave, refrigerator, stackable washer and dryer and a mini split for those warmer summer beach days. The ADU has a separate address and electric panel but shares the same APN number. Step outside to your backyard oasis featuring extra high walls and plenty of privacy. Additional highlights include RV parking with clean out drain, brand new Rheem tankless water heater, new electric charging station, new electric Samsung A/C, French doors off of the master bedroom, new vinyl side gates and a new main water line to the street. This home truly has it all--modern upgrades, timeless comfort, and a fantastic location just minutes from the beaches, Sofi stadium, the forum, LAX airport and conveniently near lots of delicious restaurants. Don't miss the chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,541 | 1,619.5 |
| Lot Size | 5,721 | 5,695.5 |
| Price | $1.70M | $1.25M |
| Price per sq ft | $1.1K | $770 |
| Built year | 1955 | 1955 |
| HOA | $0 | $85 |
| Days on market | 27 | 42 |
Jun 25, 2026
$1,699,999
Initial Listing
Dec 6, 2023
$1,300,000
Public Record