RealKey
‪(213) 433-7766‬

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
$1.63M
Price/Sqft
$1,086
HOA
-
Days on market
-
Sold On
-
MLS number
DW25103043
Home ConditionExcellent
Features
Deck
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
This property has undergone a superb and extensive renovation, bringing all major components and aesthetics to a virtually new, contemporary standard. The description highlights new sleek natural oak flooring, a design-inspired paint scheme, recessed lighting throughout, a brand new 3-ton HVAC system, new smooth stucco, new fencing, a new backyard deck, new energy-efficient windows, and a brand new shingle roof. The kitchen features natural maple wood cabinetry, Calacatta quartz countertops with a waterfall edge, porcelain backsplash, and new stainless steel appliances, all appearing pristine and modern in the images. Bathrooms are equally updated with modern vanities, designer tile flooring, Venetian plaster/lime wash paints, and contemporary light fixtures. The overall quality, style, and features meet current high standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Great Schools: Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
Extensive Modern Renovation: The property has undergone a comprehensive, high-quality renovation, including new sleek natural oak flooring, contemporary paint, recessed lighting, a fully updated kitchen with Calacatta quartz and new stainless steel appliances, modern bathrooms, new stucco, new fencing, a new backyard deck, and energy-efficient windows, offering a move-in ready contemporary living experience.
ADU Conversion Potential: The spacious two-car garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), providing an opportunity for additional rental income or expanded living space, which is a highly desirable feature in the current market.
Exceptional Location & Accessibility: Located in the desirable Walteria neighborhood of South Torrance, the home boasts excellent proximity to major transportation routes (Pacific Coast Highway, 110 FWY), upscale retail (Whole Foods, Trader Joe's), and is just minutes away from the beautiful South Bay beaches.
Top-Rated School District: The property is situated within the highly-regarded Torrance Unified School District, with access to top-tier schools such as Walteria Elementary (9/10), Edward J. Richardson Middle (8/10), and South High School (9/10), making it very attractive to families.
Enhanced Indoor-Outdoor Living: Newly installed bi-folding doors and a backyard deck create a seamless transition between indoor and outdoor spaces, perfect for entertaining and enjoying the Southern California climate.

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 Relative to Market Comps: The current list price of $1.629M is substantially higher than recent comparable sales in the immediate vicinity, which generally range from $1.2M to $1.37M for similar properties, indicating a potential disconnect with current market value and the property's estimated value of $1.073M.
Age of Original Structure: Despite extensive renovations, the home's original build year of 1949 means that some foundational or less visible structural components may still be original, potentially leading to unforeseen maintenance or repair needs in the long term compared to newer constructions.
Potential for Extended Market Time: The considerable price difference compared to recent sales and the property's estimated value could result in a longer time on the market as buyers may perceive it as overvalued, potentially necessitating price adjustments to attract competitive offers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state