5501 Calle De Ricardo, Torrance, California 90505, Torrance, 90505 - 5 bed, 6 bath

5501 Calle De Ricardo, Torrance, California 90505 home-pic-0
ACTIVE$2,595,000
5501 Calle De Ricardo, Torrance, California 90505
5Beds
6Baths
2,936Sqft
7,811Lot
Year Built
2024
Close
-
List price
$2.6M
Original List price
$2.75M
Price/Sqft
$884
HOA
-
Days on market
-
Sold On
-
MLS number
PV25010287
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Park/Greenbelt, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods, Water
Deck
Patio
ViewCity Lights,Coastline,Park/Greenbelt,Mountain(s),Neighborhood,Ocean,Panoramic,Trees/Woods,Water

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 4 Cons,5 Pros. Rank: price - $2.60M(95th), sqft - 2936(89th), beds - 5(91th), baths - 6(98th).

Prepare to be impressed! How often do you come across a completely remodeled large home (approx 3,000 sq ft) with spectacular views AND an attached ADU! This stunning modern home was taken down to the studs and re-built into a masterpiece 2,589 sq ft main residence with 4 bedrooms, 4.5 bathrooms and breath-taking ocean, mountain and city views. The additional 347 sq ft ADU has a private entrance and features a living room, kitchen, bathroom and its own laundry area. The ADU is ideal to use as a 5th bedroom, office, guest quarters or rental property. The main house lives like a one-story home with all the bedrooms, except for one secondary bedroom, on the first level. All bedrooms have their own bathrooms. The floor plan features an open concept with walls of glass and high ceilings. The kitchen has Kitchen Aid stainless steel appliances, European style cabinets, a large quartz kitchen island, vinyl windows and recessed lights throughout. There is also an additional 185 sq ft of covered rear patio that offers additional indoor/outdoor living enjoyment. This once-in-a-lifetime property is just a short block to Rocketship Park and award-winning Riviera Elementary school. Due to its size, condition, views and ADU, this just may be the first-of-its-kind home to ever come on the market in the Riviera.

Price History

Date
Event
Price
06/17/25
Sold
$2,350,000
12/09/22
Sold
$1,525,000
Condition Rating
Excellent

This property was built in 2024 and described as a 'completely remodeled large home' that was 'taken down to the studs and re-built into a masterpiece.' The kitchen features Kitchen Aid stainless steel appliances, European style cabinets, and a large quartz island, all indicative of new, high-quality finishes. All bedrooms have their own bathrooms, suggesting modern, updated facilities throughout. The overall description points to a virtually new home with current quality standards and no deferred maintenance, perfectly aligning with the 'excellent' criteria.
Pros & Cons

Pros

New Construction & Modern Design: The property was completely remodeled down to the studs and re-built in 2024, featuring a stunning modern design with an open concept, walls of glass, high ceilings, and high-end finishes like Kitchen Aid stainless steel appliances and quartz countertops.
Spectacular Panoramic Views: Offers breathtaking panoramic views of the ocean, mountains, and city lights, enhancing its appeal and value.
Attached Accessory Dwelling Unit (ADU): Includes a separate 347 sq ft ADU with its own entrance, living room, kitchen, bathroom, and laundry, providing significant flexibility for guest quarters, home office, or rental income.
Functional & Flexible Floor Plan: The main residence lives like a one-story home with most bedrooms on the first level, all featuring en-suite bathrooms, catering to comfortable and private living.
Prime Location & Amenities: Situated a short block from Rocketship Park and the award-winning Riviera Elementary school, offering excellent walkability and access to desirable community features.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-17. The sold price is $2,350,000.00.
Overpriced Relative to Market Estimation: The current listing price of $2,595,000 is 6% higher than the property's estimated value of $2,435,610, suggesting it may be priced aggressively compared to current market data.
Absence of Central Air Conditioning: The property description does not explicitly mention a cooling system, which could be a significant comfort concern during warmer periods, especially for a newly built/remodeled home.
Potentially Limited Private Outdoor Space: While a covered patio is mentioned, the lot size of 7,811 sq ft for a nearly 3,000 sq ft home with an ADU might result in a smaller, less expansive private yard area than some buyers might expect at this price point.

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