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2937 Oakwood Lane, Torrance, California 90505, Torrance, 90505 - 4 bed, 3 bath

2937 Oakwood Lane, Torrance, California 90505 home-pic-0
ACTIVE$1,590,000
2937 Oakwood Lane, Torrance, California 90505
4Beds
3Baths
2,200Sqft
6,810Lot
Year Built
1976
Close
-
List price
$1.59M
Original List price
$1.63M
Price/Sqft
$723
HOA
-
Days on market
-
Sold On
-
MLS number
PW25029968
Home ConditionFair
Features
Good View: City Lights, Peek-A-Boo
Patio
ViewCity Lights,Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.59M(63th), sqft - 2200(67th), beds - 4(54th), baths - 3(55th).

This stunning 4 bedroom, 2.5 bath tri-level home is nestled in the desirable Walteria community of Torrance, California. Upon entering, you're greeted by soaring vaulted ceilings and an abundance of natural light pouring in through large windows and skylights in the combined living area and dining room, creating a bright and airy atmosphere. The spacious family room located on the ground floor features a fireplace and wet bar with access to the lower yard area, perfect for entertaining guests. The kitchen features stone countertops and includes a cozy dining area, ideal for casual meals. The bedrooms are generously sized, and the main suite is a true retreat, complete with double sinks, a dedicated vanity area, a soaking tub, and a separate shower. This home blends comfort, style, and functionality, offering an exceptional living experience in a highly sought-after neighborhood.

Nearby schools

9/10
Walteria Elementary School
Public,•K-5•0.8mi
8/10
Riviera Elementary School
Public,•K-5•2.2mi
8/10
Edward J. Richardson Middle School
Public,•6-8•2.0mi
8/10
Miraleste Intermediate School
Public,•6-8•2.8mi
9/10
South High School
Public,•9-12•2.0mi
8/10
Palos Verdes High School
Public,•9-12•4.5mi

Price History

Date
Event
Price
08/21/25
Sold
$1,575,000
08/24/17
Sold
$1,010,000
Condition Rating
Fair
Built in 1976, this home shows signs of regular upkeep and some updates, such as stone countertops in the kitchen and a main suite with double sinks, a soaking tub, and a separate shower. However, the overall style of the kitchen cabinetry and bathroom finishes, while clean and functional, appears somewhat dated. A significant factor is the noted lack of central air conditioning, which is a major system component that would require updating. The property is well-maintained but would benefit from further modernization to meet current aesthetic and comfort standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
Desirable Location: Nestled in the highly sought-after Walteria community of Torrance, offering an exceptional living experience in a prime neighborhood.
Spacious & Bright Interior: Features soaring vaulted ceilings, large windows, and skylights that flood the combined living and dining areas with abundant natural light, creating an airy atmosphere.
Enhanced Entertainment Spaces: The ground-floor family room includes a fireplace and wet bar, with direct access to the lower yard area, perfect for entertaining guests.
Luxurious Main Suite: The main suite is a true retreat, complete with double sinks, a dedicated vanity area, a soaking tub, and a separate shower, offering comfort and style.
Views: The property offers 'City Lights' and 'Peek-A-Boo' views, adding to its appeal and providing pleasant visual elements.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-21. The sold price is $1,575,000.00.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in California.
Potential for Further Updates: Built in 1976, and while the kitchen is noted with stone countertops, the description does not detail comprehensive updates to other major systems or bathrooms (beyond the master), suggesting potential for future renovation costs to fully modernize.
Tri-Level Layout Accessibility: The tri-level design, while offering distinct living zones, may present accessibility challenges or be less preferred by buyers seeking single-level living or a more traditional floor plan.

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