Storybook charm meets future income potential in the heart of Old Torrance. Welcome to 1023 Acacia—an irresistible California bungalow set on one of the neighborhood’s most coveted streets, where tree-lined sidewalks, classic architecture, and pride of ownership create a truly special setting. This single-level 3-bedroom, 2-bath home with a private primary suite blends timeless character with relaxed coastal-California style, while the expansive backyard delivers a true Santa Barbara feel—lush, serene, and perfect for entertaining, gardening, or unwinding under the sun.
Adding exceptional value, the property includes architectural plans for a detached ADU, creating outstanding potential for future rental income, guest quarters, a home office, or multi-generational living—without sacrificing the charm of the main residence.
This is a rare opportunity to enjoy a classic home today with built-in upside for tomorrow, all on one of Old Torrance’s most picturesque streets. Ride your bike or walk into the lovely downtown of Old Torrance. Its like Mayberry! Complete with 2 car detached garage, extra parking for RV/Sprinter Van, alley access. Located close to major freeways, world class shopping, and award winning schools.
Sold for $1,380,000
Listed by: Strand Hill Properties • Chad Fahlbusch • Contact: 310-600-3555
Bought with: Compass
$1,380,000
1023 Acacia Ave, Torrance, CA 90501
3beds
1,183sqft
Single Family Residence
Built in 1945
5,616 Square Feet Lot
$1,373,500 Zestimate®
$1,167/sqft
$4,072 Estimated rent
Home value
$1,373,500
$1.25M - $1.51M
$4,072/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chad Fahlbusch DRE #01346526 310-600-3555,
Strand Hill Properties
Bought with:
Ryan Shaw, DRE #01921437
Compass
Source: CRMLS,MLS#: SB26021255
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom, Dining Room
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Dual Sinks, Separate Shower, Tub Shower
Kitchen
- Features: Kitchen/Family Room Combo, Quartz Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Primary Suite
- Flooring: Tile, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,183 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: Brick,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,616 Square Feet
- Features: Back Yard, Front Yard, Landscaped
Details
- Parcel number: 7354012006
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Turnkey
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $1,167/sqft
- Tax assessed value: $989,746
- Annual tax amount: $11,282
- Date on market: 2/11/2026
- Cumulative days on market: 8 days
- Listing terms: Conventional
- Inclusions: Washer/Dryer, all outdoor umbrellas and front/back yard fire pits.
- Exclusions: Front yard water fountain
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Sold | $1,380,000+6.2%$1,167/sqft |
Source:  CRMLS #SB26021255 Report a problem | ||
| 2/20/2026 | Pending sale | $1,299,000$1,098/sqft |
Source: CRMLS #SB26021255 Report a problem | ||
| 2/12/2026 | Listed for sale | $1,299,000+43.5%$1,098/sqft |
Source: CRMLS #SB26021255 Report a problem | ||
| 1/30/2020 | Sold | $905,000+1.7%$765/sqft |
Source:  CRMLS #WS20001725 Report a problem | ||
| 1/11/2020 | Pending sale | $889,900$752/sqft |
Source: MAXIM PROPERTIES #WS20001725 Report a problem | ||
| 1/4/2020 | Listed for sale | $889,900+33.8%$752/sqft |
Source: MAXIM PROPERTIES #WS20001725 Report a problem | ||
| 10/11/2019 | Sold | $665,000$562/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,282 +1.8% | $989,746 +2% |
| 2024 | $11,088 +1.9% | $970,340 +2% |
| 2023 | $10,880 +1.4% | $951,314 +2% |
| 2022 | $10,734 +1.8% | $932,662 +2% |
| 2021 | $10,544 +0.7% | $914,375 +17.2% |
| 2020 | $10,471 +15.4% | $780,000 +944.6% |
| 2019 | $9,070 +772.1% | $74,670 +2% |
| 2018 | $1,040 | $73,207 +2% |
| 2017 | $1,040 +2.1% | $71,773 +2% |
| 2016 | $1,019 +3.9% | $70,367 +1.5% |
| 2015 | $980 +3.6% | $69,311 +2% |
| 2014 | $946 | $67,954 +2.5% |
| 2012 | -- | $66,322 +2% |
| 2011 | -- | $65,022 +0.8% |
| 2010 | -- | $64,537 -0.2% |
| 2009 | -- | $64,692 +2% |
| 2008 | -- | $63,424 +2% |
| 2007 | -- | $62,181 +2% |
| 2006 | -- | $60,963 |
| 2005 | -- | $60,963 +4% |
| 2004 | -- | $58,597 +1.9% |
| 2003 | -- | $57,524 +2% |
| 2002 | -- | $56,397 +4% |
| 2000 | -- | $54,209 |
Find assessor info on the county website
Neighborhood: Olde Torrance
Nearby homes
- $1,023,0003 bd2 ba1.7k sqft1027 Acacia Ave, Torrance, CA 90501Off Market
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Nearby schools
GreatSchools rating
- 8/10Fern Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Madrona Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Torrance High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,373,500
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Estimated market value
$1,373,500
- California
- Los Angeles County
- Torrance
- 90501
- Olde Torrance
- 1023 Acacia Ave
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