
Torrance, California 90501
This Turnkey Residential Income Duplex is listed at $995,000, reflecting its premium Mint Condition Rating following an extensive 2024 remodel. While the $915,726 Fair Market Value indicates a market-aligned entry for the historic district, the property offers immediate utility with two vacant, move-in-ready units featuring new kitchens and stainless steel appliances. Located in Old Town Torrance near the top-rated Torrance High School, the 5,601 sqft lot with alley access and a 2-car garage provides significant ADU potential. This is a strategic acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 903 Amapola Subject | $925,000* List Price | 2 | 2 | 1,312 | $705 | - |
A 1920 Gramercy Sold | $1,000,000 | 2 | 2 | 1,455 | $687 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a complete extensive remodel as of 2024. The interior features brand new kitchens with stainless steel appliances, updated bathrooms with modern fixtures and glass enclosures, new flooring, and fresh paint throughout, placing it in mint, move-in ready condition.
The property features an extensive recent remodel and is delivered vacant, offering a move-in ready opportunity for owner-occupants or immediate market-rate leasing for investors.
Located in the desirable Old Town Torrance area, the property is within walking distance to the highly-rated Torrance High School and local amenities, ensuring strong tenant demand.
The generous 5,601 sqft lot combined with rear alley access and a detached 2-car garage provides significant potential for future expansion or the addition of an ADU.
With 657 days on the market and a recent price increase, the property may face challenges with buyer perception regarding its valuation and previous listing history.
The 1-bedroom, 1-bathroom configuration for both units limits the target demographic to individuals or couples, potentially capping the maximum rental income compared to multi-bedroom units.
An incredible investment opportunity awaits in Old Town Torrance! This charming one-level duplex features two separate units, each offering one bedroom and one bathroom. The spacious backyard provides ample room for outdoor activities or future expansion, while the 2-car garage accessible from the back alley adds convenience and storage options. Whether you want to generate rental income or create your dream home, this property is a blank canvas ready for your imagination. Extensive remodel is completed, the property is vacant and ready to go!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 75% |
| Baths | 2.0 | 0.0 | 75% |
| Square foot | 1,312 | 1,752.5 | 8% |
| Lot Size | 5,601 | 6,447 | 25% |
| Price | $925.0K | $1.05M | 33% |
| Price per sq ft | $705 | $594 | 92% |
| Built year | 1924 | 1944 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 697 | 116 | 0% |
Jun 6, 2026
$925,000
$995,000
-7% Price Drop
Initial Listing
May 6, 2026
$995,000
$975,000
+2% Price Increase
Initial Listing
Jul 18, 2024
$975,000
Initial Listing