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3241 Dalemead Street, Torrance, California 90505, Torrance, 90505 - 4 bed, 2 bath

3241 Dalemead Street, Torrance, California 90505 home-pic-0
ACTIVE$1,629,000
3241 Dalemead Street, Torrance, California 90505
4Beds
2Baths
1,500Sqft
5,356Lot
Year Built
1949
Close
-
List price
$1.63M
Original List price
$1.65M
Price/Sqft
$1,086
HOA
-
Days on market
-
Sold On
-
MLS number
DW25080629
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.63M(68th), sqft - 1500(31th), beds - 4(54th), baths - 2(50th).

Superbly renovated home in the Walteria neighborhood! This South Torrance property has been beautifully updated with contemporary finishes that include new sleek natural oak flooring, a design inspired paint scheme, and recessed lighting all throughout the home. The kitchen showcases natural maple wood cabinetry, calacatta quartz counter-tops with waterfall, porcelain backsplash, and new stainless steel appliances. The bathrooms come equipped with modern vanities, designer tile flooring, venitian plaster and lime wash paints, and light fixtures! The bedrooms have been beautifully updated following renovation theme! There is a complete brand new 3 ton HVAC system! The exterior of the home features fresh new smooth stucco. Newly installed natural wood fencing and backyard deck. Bi-folding doors that provide that indoor/outdoor feel and is perfect for entertaining! Newly installed energy-efficient windows. A spacious two car garage which can easily be made into an ADU. Brand new shingle roof with so much more to list! This home is closely located near the Pacific Coast Highway and 110 FWY, major stores & shops that include Whole Foods & Trader Joe's, and minutes away from the beautiful South Bay beaches. Come see it today!

Nearby schools

9/10
Walteria Elementary School
Public,•K-5•0.4mi
8/10
Riviera Elementary School
Public,•K-5•1.9mi
8/10
Edward J. Richardson Middle School
Public,•6-8•1.7mi
8/10
Miraleste Intermediate School
Public,•6-8•3.3mi
9/10
South High School
Public,•9-12•1.6mi
8/10
Palos Verdes High School
Public,•9-12•4.5mi

Price History

Date
Event
Price
12/17/24
Sold
$1,170,000
Condition Rating
Excellent
Despite being built in 1949, this property has undergone a superb and extensive renovation, bringing it to a virtually new condition. The description highlights 'new sleek natural oak flooring,' 'new stainless steel appliances' in the kitchen with 'calacatta quartz counter-tops with waterfall' and 'porcelain backsplash,' and 'modern vanities, designer tile flooring, venitian plaster and lime wash paints, and light fixtures' in the bathrooms. Crucially, major systems like the HVAC, windows, and roof are all 'brand new.' This level of comprehensive, high-quality, and recent renovation aligns perfectly with the 'excellent' criteria, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
Extensive Modern Renovation: The property boasts a 'superbly renovated' interior with 'contemporary finishes,' 'new sleek natural oak flooring,' 'design inspired paint scheme,' and 'recessed lighting,' offering a move-in ready modern aesthetic.
Key System Upgrades: Recent major updates include a 'brand new 3 ton HVAC system,' 'newly installed energy-efficient windows,' and a 'brand new shingle roof,' significantly reducing future maintenance and improving efficiency.
High-End Kitchen & Bathroom Finishes: The kitchen features 'natural maple wood cabinetry, calacatta quartz counter-tops with waterfall, porcelain backsplash, and new stainless steel appliances,' complemented by 'modern vanities' and 'designer tile flooring' in bathrooms.
Indoor/Outdoor Flow & ADU Potential: 'Bi-folding doors' enhance indoor/outdoor living, ideal for entertaining, while the 'spacious two car garage which can easily be made into an ADU' presents a significant opportunity for added value or income.
Prime South Torrance Location & Schools: Situated in the desirable 'Walteria neighborhood,' offering convenient access to major freeways, upscale shopping (Whole Foods, Trader Joe's), South Bay beaches, and within the 'highly rated Torrance Unified School District.'

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-17. The sold price is $1,170,000.00.
Significant Overpricing vs. Market Estimation: The current list price of $1,629,000 is considerably above the property's estimated value of $1,073,112.09, which may lead to buyer resistance and extended market time.
Age of Structure (1949): Despite extensive renovations, the 1949 build year suggests potential for hidden issues related to the original foundation, plumbing, or electrical systems that were not part of the described cosmetic and system updates.
Recent Price Reduction: An initial price reduction from $1,649,000 to $1,629,000, though minor, indicates that the initial pricing strategy may have been too high and could encourage buyers to seek further discounts.

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