Sold for $640,000

Listed by: HomeSmart Key Realty • Marina Ramirez-Lomeli • Contact: 562-254-5555

Bought with: Movoto Inc

$640,000

1024 Torrance Blvd, Torrance, CA 90502

3beds

873sqft

Single Family Residence

Built in 1953

5,328 Square Feet Lot

$722,400 Zestimate^®

$733/sqft

$3,189 Estimated rent

Home value

$722,400

$686,000 - $766,000

$3,189/mo

Zestimate^® history

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$3,189/mo

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$3,189/mo

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$4,111/mo

Est. payment

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$4,111/mo

Est. payment

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What's special

Find HUGE opportunity on this adorable corner lot with tremendous potential for a new owner to make their home. This 3-bedroom, 1 bathroom single-level home is situated on a 5328 square foot lot, offering plenty of unused enclosed backyard space to add an auxiliary dwelling unit (ADU). This is ideal for a first-time buyer who is looking to take a simple house and make it their dream home. It's a really great way to enjoy home ownership. First time on the market in 50+ years!! You’ll also fall in love with the ease of access to major roads, hwys, shopping, and public transportation. This is one you don’t want to miss. The stove and microwave will stay. Per the Seller, windows are 5 years new. The bathroom was redone except the window and the roof is 3 years new. All that is needed, is a bit of tender love and care, which the Seller took the sales price into consideration. ***Virtual Staging in Living Room (video)***

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Rooms

Room types: Kitchen, Living Room

Cooling

None

Appliances

Included: Microwave
Laundry: In Garage

Features

See Remarks, Unfurnished
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total interior livable area: 873 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Main floor
Patio & porch: None
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 5,328 Square Feet
Features: 0-1 Unit/Acre, Corner Lot

Details

Parcel number: 7348007018
Special conditions: Standard,Trust

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: Torrance

Financial & listing details

Price per square foot: $733/sqft
Tax assessed value: $652,800
Annual tax amount: $8,265
Date on market: 8/4/2023
Cumulative days on market: 9 days
Listing terms: Conventional,FHA 203(b),FHA 203(k),Submit

Price history

Date	Event	Price
9/18/2023	Sold	$640,000+7.3%$733/sqft
Source: CRMLS #TR23137636 Report a problem
8/14/2023	Listing removed	--
Source: HomeSmart Report a problem
8/5/2023	Listed for sale	$596,300$683/sqft
Source: HomeSmart #TR23137636 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,265 +2.1%	$652,800 +2%
2024	$8,092 +643.8%	$640,000 +1019%
2023	$1,088 +4.2%	$57,193 +2%
2022	$1,044 +1.1%	$56,073 +2%
2021	$1,032 -0.1%	$54,974 +1%
2020	$1,032 -4.7%	$54,411 +2%
2019	$1,083 +9.1%	$53,345 +2%
2018	$993	$52,300 +2%
2017	$993 +2.5%	$51,275 +2%
2016	$968 +3.7%	$50,270 +1.5%
2015	$934 +2.5%	$49,516 +2%
2014	$912	$48,547 +2.5%
2012	--	$47,382 +2%
2011	--	$46,454 +0.8%
2010	--	$46,108 -0.2%
2009	--	$46,219 +2%
2008	--	$45,314 +2%
2007	--	$44,427 +2%
2006	--	$43,557
2005	--	$43,557 +4%
2004	--	$41,867 +1.9%
2003	--	$41,101 +2%
2002	--	$40,296 +4%
2000	--	$38,733