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2474 W 237th Place, Torrance, California 90501, Torrance, 90501 - 3 bed, 1 bath

2474 W 237th Place, Torrance, California 90501 home-pic-0
ACTIVE$1,196,000
2474 W 237th Place, Torrance, California 90501
3Beds
1Bath
924Sqft
5,201Lot
Year Built
1954
Close
-
List price
$1.2M
Original List price
$1.29M
Price/Sqft
$1,294
HOA
-
Days on market
-
Sold On
-
MLS number
RS25000251
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(60th), sqft - 924(15th), beds - 3(50th), baths - 1(21th).

Don't look further. Turnkey Single-Family Home with a Brand-New Permitted ADU in Highly Rated Torrance School District ! This beautifully maintained front home features 3 bedrooms and 1 bathroom(924 sq. ft),alongside a newly constructed ADU with 1 bedroom and 1 bathroom(372 sq. ft- excluding 28sqft laundry) complete with a separate entrance, kitchen, washer/dryer hookups with its own address (2476 237th Place). Both units with total sq. ft 1,296 and 4bed/2bath. The main house has been extensively remodeled, showcasing a spacious living room and an elegant kitchen with granite countertops. The backyard is a serene oasis, adorned with rich landscaping, a variety of plants, and mature fruit trees, perfect for family gatherings of any size. Enjoy peace of mind with enormous space for children and pets, all within a spacious lot that offers boundless possibilities. Whether you want to host family members or rent out the ADU for extra income, this home is a versatile gem. An elegant home located near local merchants, including a farmer's market, Sam’s, Home Depot, and various restaurants, you’ll also find the Del Amo Mall and Torrance Memorial Hospital just a short drive away. Don’t miss out on this incredible chance!

Nearby schools

6/10
John Adams Elementary School
Public,•K-5•0.4mi
7/10
Howard Wood Elementary School
Public,•K-5•0.4mi
7/10
Lomita Math/Science/Technology Magnet School
Public,•K-5•0.7mi
5/10
J. H. Hull Middle School
Public,•6-8•0.8mi
6/10
Alexander Fleming Middle School
Public,•6-8•1.4mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•1.0mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•1.2mi
8/10
Torrance High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
10/06/10
Sold
$440,000
04/30/99
Sold
$225,000
Condition Rating
Excellent
The property features a brand-new, permitted ADU with modern finishes, appliances, and systems. The main house has been extensively remodeled, showcasing an elegant kitchen with granite countertops, stainless steel appliances, and recessed lighting. Both units benefit from modern mini-split cooling/heating systems and updated flooring. While some aesthetic choices in the main house lean traditional, all components are virtually new or recently updated to a high standard, requiring no deferred maintenance.
Pros & Cons

Pros

Income Potential / Multi-Generational Living: Features a brand-new, permitted ADU with a separate entrance, kitchen, washer/dryer hookups, and its own address, offering significant versatility for rental income or accommodating extended family.
Extensively Remodeled & Turnkey Condition: The main house has been extensively remodeled, including a spacious living room and an elegant kitchen with granite countertops, presenting a move-in ready and updated living space.
Highly Rated School District: Located within the desirable and highly-rated Torrance School District, a strong appeal for families with school-aged children.
Exceptional Outdoor Living Space: The property boasts a serene, richly landscaped backyard with a variety of plants and mature fruit trees, providing an enormous and private space ideal for family gatherings, children, and pets.
Convenient Location & Amenities: Situated near local merchants, a farmer's market, major retailers (Sam’s, Home Depot), various restaurants, Del Amo Mall, and Torrance Memorial Hospital, ensuring easy access to daily necessities and entertainment.

Cons

Significant Overpricing: The current listing price of $1,196,000 is 25% above the estimated property value of $888,728.855, which may impact market competitiveness and buyer interest.
Limited Bathrooms in Main House: The main house, with 3 bedrooms, has only 1 bathroom, which could be a functional limitation for families or multiple occupants.
Age of Original Structure: While remodeled, the main house was originally built in 1954, suggesting older underlying infrastructure that may require future maintenance or updates not covered by the recent renovations.

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