
Torrance, California 90504
This property presents a High-Potential Investment Opportunity with a List Price of $740,000—positioned well above the $618,050 Fair Market Value. While the current list price exceeds the estimated value, the property offers significant upside through its 5,000 sqft lot and redevelopment potential. With a Condition Rating of 6, this asset requires a comprehensive renovation to modernize the 784 sqft structure. Located in the Torrance Unified School District near top-rated schools, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a blank canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3311 W 189th Street Subject | $740,000* List Price | 2 | 1 | 784 | $788 | - |
A 3419 W 189th Street Pending | $750,000 List Price | 2 | 1 | 808 | $928 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 (74 years old) with no evidence of renovation, this property is marketed as a 'redevelopment project' and 'blank canvas' for cash buyers only. The interior shows significant neglect with heavily stained carpets, damaged walls, and original popcorn ceilings, indicating the value lies primarily in the 5,000 sqft lot rather than the structure.
The 5,000-square-foot lot and functional layout provide a significant opportunity for a complete renovation or a lucrative redevelopment project in a high-demand South Bay neighborhood.
Situated within the Torrance Unified School District, the property offers access to top-tier schools including North High and Edison Elementary, which both feature high ratings.
The home is conveniently located just minutes from major Torrance shopping, dining, parks, and freeways, ensuring strong long-term desirability and convenience.
The property is sold strictly 'as-is' and requires cash-only offers, which limits the buyer pool to investors and excludes those relying on traditional financing.
As a 784-square-foot fixer-upper built in 1950, the property requires substantial capital investment to modernize the small living space and address potential deferred maintenance.
Unlock major upside in a prime South Bay neighborhood! This 2-bed, 1-bath fixer is the ultimate blank canvas for investors, flippers, or contractors. Featuring a functional layout and an expansive backyard, the property offers incredible room for a complete renovation or a lucrative redevelopment project. Enjoy a highly convenient location just minutes from top Torrance shopping, dining, parks, and major freeways. Strictly sold AS-IS. Cash offers only. Bring your contractor and your vision!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 784 | 1,483.5 | 1% |
| Lot Size | 5,000 | 5,520.5 | 6% |
| Price | $740.0K | $1.04M | 3% |
| Price per sq ft | $944 | $685 | 96% |
| Built year | 1950 | 1953 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 111 | 4% |
May 22, 2026
$740,000
Initial Listing
Sep 14, 1992
$175,000
Public Record
Mar 16, 1989
$217,000
Public Record
Jun 27, 1988
$172,000
Public Record