438 Calle De Felipe, Torrance, California 90505, Torrance, 90505 - 3 bed, 2 bath
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Torrance, California 90505
This property presents a High-Potential Investment Opportunity with a List Price of $1,679,000—positioned well above the $1,511,071 Fair Market Value by -11%. While the pricing reflects the premium Hollywood Riviera location, the Condition Rating of 5 indicates a need for significant modernization. The expansive 7,111 square foot lot offers substantial development potential for expansion or an ADU. This asset is best suited for Value-Add Investors or Owner-Occupants capable of executing a comprehensive renovation to unlock the property's full market potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 438 Calle De Felipe Subject | $1,679,000* List Price | 3 | 2 | 1,408 | $1,073 | - |
A 445 Via Colusa Sold | $1,780,000 | 4 | 2 | 1,622 | $1,097 | 0.0 mi |
B 5311 Bindewald Sold | $1,460,000 | 3 | 2 | 1,659 | $880 | 0.8 mi |
C 4515 Greenmeadows Sold | $1,450,000 | 3 | 2 | 1,099 | $1,319 | 0.7 mi |
D 5109 Paseo Del Pavon Sold | $1,513,000 | 4 | 2 | 1,597 | $947 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, the home features a kitchen and bathrooms that appear largely original or have not been updated in over 30-40 years, characterized by knotty pine cabinetry and dated fixtures. While the addition of dual-pane windows and a newer dishwasher suggests some maintenance, the overall interior condition requires a significant rehab to meet modern standards, placing it in the poor category based on age and lack of recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7111, living area = 1408.
Situated in the prestigious Hollywood Riviera on a quiet cul-de-sac street, the property is walking distance to award-winning Riviera Elementary and minutes from local beaches and dining.
The generous 7,111 square foot flat lot provides an excellent canvas for expansion, an ADU, or a custom outdoor living space in a high-value neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7111, other record lot size in square feet = 7052.
The property is noted as needing 'TLC,' suggesting that significant additional investment is required to modernize the 1955 interior and systems.
At 1,408 square feet for nearly $1.68M, the home offers limited living space relative to the price point, which may be a hurdle for buyers not looking to expand.
Welcome to 438 Calle De Felipe, ideally located on a quiet street with a cul-de-sac feel in the highly sought-after Hollywood Riviera section of Torrance! Just around the corner from award-winning Riviera Elementary School, this charming single-level home offers an incredible opportunity to create the home of your dreams. Featuring 3 bedrooms, 2 bathrooms, and 1,408 square feet of living space on a spacious 7,111 square foot flat lot, the home offers a functional floor plan ideal for growing households. With a little TLC, this property has good potential to personalize, expand or simply enjoy as-is. The generous backyard is perfect for play, entertaining, gardening, or relaxing while enjoying the refreshing ocean breezes. Conveniently located near parks, scenic hiking trails, local beaches and the shops and dining of the Hollywood Riviera, this is a rare opportunity to own in one of the South Bay’s most desirable neighborhoods. Dual pane windows. 1" wood flooring. Avocado and olive trees.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,408 | 1,718 | 26% |
| Lot Size | 7,111 | 6,131 | 79% |
| Price | $1.68M | $1.60M | 62% |
| Price per sq ft | $1.2K | $880 | 88% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 101 | 2% |
May 29, 2026
$1,679,000
Initial Listing