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1766 W 244th Street, Torrance, California 90501, Torrance, 90501 - bed, bath

1766 W 244th Street, Torrance, California 90501 home-pic-0
ACTIVE$1,310,000
1766 W 244th Street, Torrance, California 90501
0Bed
0Bath
1,885Sqft
5,445Lot
Year Built
1953
Close
-
List price
$1.31M
Original List price
$1.32M
Price/Sqft
$695
HOA
-
Days on market
-
Sold On
-
MLS number
CV25033769
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.31M(55th), sqft - 1885(36th), beds - undefined(50th), baths - undefined(50th).

We are proud to present a charming remodeled single family home with a newly built ADU. The subject property consists of a 4-Bed/3-Bath SFR and an 1-Bed/1-Bath ADU built in 2024. This is perfect for an owner/user who looks to live in the main unit and rent out the ADU. The ADU unit can be delivered vacant at the close of escrow. The seller has spent over $150K of capital improvements on the main house and $175K on the newly constructed ADU. Amenities include on-site parking, in-unit washer dryer hookups and patios for both units. This is a pride of ownership asset perfect for an owner/investor in a peaceful and quiet neighborhood of Torrance.

Price History

Date
Event
Price
01/19/22
Sold
$942,000
04/17/96
Sold
$211,500
Condition Rating
Excellent
This property features a newly built ADU (2024) and a main house that has undergone extensive recent remodeling with $150,000 in capital improvements. The interior image showcases modern grey laminate flooring, fresh white paint, and contemporary design elements like black exposed beams and a barn door, indicating a high-quality, recent renovation. While specific kitchen and bathroom images are not provided, the description of 'modern amenities & condition' and 'contemporary living standards' for both units, coupled with the significant investment, strongly suggests these areas are new or virtually new and meet current quality standards. The property is move-in ready with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: Features a newly built (2024) 1-bedroom, 1-bathroom ADU, delivered vacant, providing immediate rental income potential or flexible living arrangements for multi-generational families.
Extensive Capital Improvements: The seller has invested over $325,000 in capital improvements, including $150K on the remodeled main house and $175K on the new ADU, ensuring a modern and well-maintained property.
Owner/Investor Opportunity: Ideal for an owner/user to reside in the remodeled 4-bed/3-bath main house while generating significant rental income from the ADU, effectively offsetting ownership costs.
Desirable Torrance Location: Situated in a peaceful and quiet neighborhood within Torrance, a highly sought-after Southern California city known for its quality of life and amenities.
Modern Amenities & Condition: Both units offer convenient amenities such as on-site parking, in-unit washer/dryer hookups, and private patios, reflecting a 'pride of ownership' asset with contemporary living standards.

Cons

Age of Main Structure: Despite extensive remodeling, the main house was originally built in 1953, which may imply older underlying infrastructure or systems that could require future maintenance or upgrades beyond cosmetic improvements.
Absence of Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, especially in a market where views often command a premium.
Recent Price Adjustment: A slight reduction from the original list price, while minor, could indicate a need for market recalibration or suggest that the initial pricing was slightly ambitious.

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