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

802 Coriander Drive B, Torrance, California 90502 home-pic-0

802 Coriander Drive B

Torrance, California 90502

ACTIVE
CONDITION: FAIR
1Beds
1Baths
593Sq Ft
296,241Lot Size

Property Price

LIST PRICE$230,000

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

Fair
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
20%
Baths1.02.0
35%
Square foot593947
10%
Lot Size296,241209,813
85%
Price$230.0K$510.0K
5%
Price per sq ft$388$537
5%
Built year19731979
40%
HOA$387.77$391
50%
Days on market28166
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

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