
Torrance, California 90502
This property presents a High-Potential Investment Opportunity with a List Price of $319,000—positioned well below the $267,565 Fair Market Value by -19%. While the unit carries a Fair Condition Rating as a cosmetic fixer, the lack of shared walls and community amenities like 2 swimming pools and a spa provide a solid foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 832 Coriander Drive D Subject | $319,000* List Price | 1 | 1 | 593 | $451 | - |
A 802 Coriander Drive B Sold | $260,000 | 1 | 1 | 593 | $438 | 0.0 mi |
B 826 Coriander Drive D Active | $369,990 List Price | 1 | 1 | 593 | $624 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (51 years old) with no significant updates, this unit is explicitly marketed as a 'Handyman special' and 'cosmetic fixer.' Interior photos show original 1970s shag carpeting, dated bathroom fixtures, and popcorn ceilings, indicating it needs a full rehab to meet modern standards.
Priced below market value as a 'handyman special,' this property offers a prime opportunity for investors or DIY buyers to build immediate equity through cosmetic renovations.
This upstairs unit provides enhanced privacy and quiet with no neighbors living above or below, complemented by vaulted ceilings that create a more spacious and airy atmosphere.
Located in a gated, well-maintained community, residents enjoy access to two pools, a spa, clubhouses, and security, with HOA dues conveniently covering water, trash, and exterior maintenance.
As a 'cosmetic fixer,' the property requires additional capital investment and labor immediately after purchase to bring it up to modern living standards.
At just 593 square feet, the compact footprint may limit the property's appeal to a smaller buyer demographic and offers restricted storage and furniture layout options.
Handyman special! Cosmetic fixer priced below market value so buyer can remodel how they like. This upstairs unit, with no one living above or below, offers a peaceful location with added security & nice cross breezes. Vaulted ceilings in the living room & bedroom with a full-size closet, small west facing balcony, 2 A/C wall units & newer gas wall heater. The all-electric kitchen with a breakfast bar opens to the living area. Includes one detached covered carport parking space & storage cabinet plus community laundry room located on the ground level off the rear walkway. Mariner's Park Village is a gated, well-maintained, park-like community with 2 swimming pools, spa, clubhouses, kid's playground & BBQ areas. The HOA dues cover hot & cold water, sewer, trash, exterior maintenance & insurance, plus on-site manager & after-hours security. Super convenient to restaurants, shopping & 110 Freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 593 | 1,141 |
| Lot Size | 296,241 | 214,786.5 |
| Price | $319.0K | $582.6K |
| Price per sq ft | $538 | $587 |
| Built year | 1973 | 1983 |
| HOA | $387.77 | $546 |
| Days on market | 31 | 68 |
Jun 21, 2026
$319,000
Initial Listing