802 Coriander Drive B, Torrance, California 90502, Torrance, 90502 - 1 bed, 1 bath

802 Coriander Drive B
Torrance, California 90502
Property Price
SUMMARY
Analysis of 802 Coriander Drive B, Torrance, California 90502 is currently available with a list price of $230,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, the property appears to be in mostly original condition. The kitchen features dated electric coil appliances, laminate countertops, and older cabinetry, while the living areas show aged carpeting and popcorn ceilings. While the unit is functional and located in a well-maintained community, it lacks modern updates and requires cosmetic renovations to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Community Amenities
Located in the gated Mariners Park Village, residents enjoy a park-like setting with two pools, a spa, clubhouse, and BBQ areas, with HOA fees covering essential utilities and exterior maintenance.
- Prime Unit Positioning
This top-floor unit features vaulted ceilings that create a bright, spacious atmosphere and offers a premium view overlooking the community pool.
- Competitive Entry Price
Priced significantly below typical Torrance market values, this property represents a high-potential investment opportunity for buyers looking to build equity in a sought-after area.
CONSRISKS & DEFICIENCIES
- Stringent Purchase Terms
The sale requires a live auction format with no financing, appraisal, or inspection contingencies, necessitating significant liquid capital and a high risk tolerance from the buyer.
- Probate & Court Delays
As a probate sale subject to court confirmation and potential overbidding, the closing timeline is extended and the final purchase is not guaranteed until the court hearing.
About 802 Coriander Drive B
Probate Sale! This property will be offered at a live auction at THE PROPERTY SITE on Friday, March 6th, 2026 at 12:00 PM. Auction day registration will be from 11:30 AM to 12:00 PM. This Condominium built in 1973 features 1 bedroom and 1 bathroom, +/-593 Sq Ft of living space, APN: 7407-030-034. Located within the desirable Mariners Park Village community, this top-floor unit enjoys a prime location overlooking the pool. The living room features vaulted ceilings, creating a bright and airy feel. Mariners Park Village is a gated, well-maintained, park-like community offering two swimming pools, a spa, clubhouse, children's playground, and BBQ areas. HOA dues include hot and cold water, sewer, trash service, exterior maintenance and insurance, as well as an on-site manager. 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 Barry Roberts
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 296,241 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $387.77 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 593 | 947 | 10% |
| Lot Size | 296,241 | 209,813 | 85% |
| Price | $230.0K | $510.0K | 5% |
| Price per sq ft | $388 | $537 | 5% |
| Built year | 1973 | 1979 | 40% |
| HOA | $387.77 | $391 | 50% |
| Days on market | 28 | 166 | 5% |
Pricing History
Listed for Sale
Feb 27, 2026
$230,000
$249,000
-8% Price Drop
Initial Listing
Price Change
Feb 16, 2026
$249,000
$259,000
-4% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$259,000
Initial Listing
Sold
Dec 8, 1995
$40,000
Public Record







