1569 W 218th Street, Torrance, California 90501, Torrance, 90501 - bed, bath

1569 W 218th Street, Torrance, California 90501 home-pic-0
ACTIVE$1,399,000
1569 W 218th Street, Torrance, California 90501
0Bed
0Bath
4,484Sqft
7,266Lot
Year Built
1990
Close
-
List price
$1.4M
Original List price
$1.49M
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
SB25141330
Home ConditionFair
Features
Patio
ViewCourtyard, Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(55th), sqft - 4484(91th), beds - undefined(50th), baths - undefined(50th).

Welcome Home! Room enough room for everyone! 2 units on the same lot...( there is a bonus room that could be converted to an ADU... its over 500 sq. ft. with its own entrance, bath and more!) Unit 1 is 3/2 plus a den Apr. 2000 sq. ft. (could be 4th bedroom) Large private enclosed yard plus a patio off the kitchen for your morning coffee! Unit 2 is 3-4 bedrooms 2.5 baths Wood floors, owners unit... well maintained... with its own private enclosed grassy yard and two car attached garage plus storage. Both units have their own driveway and attached 2 car garages One unit is vacant... The other is owner occupied. Will be delivered vacant at COE.

Nearby schools

7/10
Halldale Elementary School
Public,K-50.3mi
5/10
Meyler Street Elementary School
Public,K-50.7mi
5/10
One Hundred Eighty-Sixth Street Elementary School
Public,K-52.2mi
5/10
Stephen M. White Middle School
Public,6-81.2mi
6/10
Alexander Fleming Middle School
Public,6-82.6mi
5/10
Nathaniel Narbonne Senior High School
Public,9-121.8mi
Condition Rating
Fair

The property, built in 1990, appears to be generally maintained but shows its age. The kitchens and bathrooms have older styles and features, and the appliances are not modern. While the wood floors are a plus, some areas might benefit from updates. Overall, it's in fair condition, needing minor updates to bring it up to current standards.
Pros & Cons

Pros

Income Potential: Two units on one lot provide excellent income-generating potential, ideal for investors or owner-occupants looking to offset mortgage costs.
ADU Potential: Bonus room with separate entrance and bath offers significant potential for conversion to an Additional Dwelling Unit (ADU), further increasing income or providing flexible living space.
Spacious Units: Unit 1 offers approximately 2000 sq. ft. with 3 bedrooms plus a den, while Unit 2 features 3-4 bedrooms, providing ample living space for families or tenants.
Private Outdoor Space: Both units feature private, enclosed yards, offering residents dedicated outdoor areas for relaxation and recreation.
Garage Parking: Each unit has its own attached 2-car garage, providing secure and convenient parking for residents.

Cons

Price Reduction: The property has experienced a price reduction, which may indicate challenges in the market or perceived value.
One Unit Vacant: While vacancy allows for immediate occupancy or tenant selection, it also means lost rental income until the unit is leased.
Year Built: Built in 1990, the property may require updates or renovations to appeal to modern buyers or tenants.

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