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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$1,599,900
3241 Dalemead Street, Torrance, California 90505
4Beds
2Baths
1,500Sqft
5,356Lot
Year Built
1949
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$1,067
HOA
-
Days on market
-
Sold On
-
MLS number
DW25120545
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.60M(65th), 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 comprehensive and high-quality renovation, transforming a 1949 build into a virtually new home. The description explicitly states 'superbly renovated' with 'contemporary finishes,' including new sleek natural oak flooring, recessed lighting, and a design-inspired paint scheme throughout. The kitchen features new natural maple wood cabinetry, calacatta quartz countertops with a waterfall edge, porcelain backsplash, and new stainless steel appliances, all reflecting current quality standards. Bathrooms boast modern vanities, designer tile flooring, and updated fixtures. Crucially, major systems like the HVAC system and roof are brand new, and energy-efficient windows have been installed. The exterior also received a fresh new smooth stucco, new fencing, and a backyard deck. The images confirm a pristine, modern aesthetic with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: Elementary School: Walteria Elementary School (9/10). High School: South High School (9/10).
Comprehensive Modern Renovation: The property has undergone extensive updates including new sleek natural oak flooring, a design-inspired paint scheme, recessed lighting, updated kitchen and bathrooms, new smooth stucco exterior, new natural wood fencing, backyard deck, energy-efficient windows, and a brand new shingle roof.
Brand New HVAC System: A complete brand new 3-ton HVAC system has been installed, providing modern climate control and energy efficiency, which is a significant upgrade for a home built in 1949.
ADU Conversion Potential: The spacious two-car garage is noted as easily convertible into an Accessory Dwelling Unit (ADU), offering significant potential for additional income or flexible living space.
Desirable Location & Accessibility: Located in the sought-after Walteria neighborhood, the property offers excellent proximity to major highways (PCH, 110 FWY), essential retail (Whole Foods, Trader Joe's), and the beautiful South Bay beaches.
Access to Top-Rated Schools: The home is situated within the highly-rated Torrance Unified School District, with access to top-performing schools such as Walteria Elementary (9/10) and South High School (9/10).

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: The listing price of $1,599,900 is substantially higher than the estimated property value of $1,064,382, indicating a potential overvaluation of approximately 33% which may deter buyers.
Age of Original Structure: Despite extensive renovations, the home's original construction year of 1949 may raise concerns for some buyers regarding the integrity of underlying systems (e.g., foundation, original plumbing/electrical) not explicitly stated as fully replaced.
Market Resistance Risk: The considerable price discrepancy compared to recent sales of similar properties in the area (comps selling in the $1.2M - $1.37M range) suggests the current listing price may face strong market resistance, potentially leading to extended time on market or necessary price adjustments.

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