1324 Beech Ave Torrance, CA 90501
East Torrance Neighborhood
2
Beds
1
Bath
1,214
Sq Ft
7,000
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Family Room
- Fern Elementary School Rated A
- No HOA
- Fenced
About This Home
As of June 2024Dated single-family home, sitting on a substantial 7,000 sqft lot, offers a remarkable opportunity for building and expanding. Its generous size provides endless possibilities, making it an attractive option for those looking to either fix and flip with additional accessory dwelling unit (ADU) potential or embark on a ground-up development project, taking full advantage of the high demand for housing in this desirable neighborhood. Centrally located in the vibrant Old Torrance neighborhood, this property grants residents convenient access to many amenities. From well-regarded schools to various shopping centers and dining options, there is something to cater to everyone's needs and preferences. Additionally, the presence of picturesque parks adds to the charm of this neighborhood. Also, its proximity to major freeways makes commuting to neighboring cities and beyond an effortless task. This represents an exceptional opportunity for ambitious end-users, investors, or developers seeking to capitalize on the thriving real estate market. The property is being sold "as is with everything in it," providing the canvas for buyers to unleash their creative vision and transform this home into a modern masterpiece.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01957970 Listed on: 10/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,717
Year Built
- Built in 1938
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50x140
- Fenced
- Tear Down
- Property is zoned TORR-LO
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 1,214 Sq Ft Home
- 1-Story Property
- Family Room
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7355-002-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Jun 11, 2024
Sold by
So Cal Residential Homes Llc
Bought by
Morikawa Trust and Morikawa
Seller's Agent
Emily Griffin
Griffin Real Estate, Inc.
Buyer's Agent
Katherine Larson
Keller Williams Pacific Estate
List Price
$1,199,000
Sold Price
$1,290,000
Premium/Discount to List
$91,000
7.59%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,054
Avg. Annual Appreciation
-3.84%
Purchase Details
Listed on
Oct 12, 2023
Closed on
Oct 18, 2023
Sold by
Anderson Terry K
Bought by
So Cal Residential Homes Llc
Seller's Agent
Yana Beranek
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kelly O'Grady
Griffin Real Estate, Inc.
List Price
$750,000
Sold Price
$840,000
Premium/Discount to List
$90,000
12%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.57%
Original Mortgage
$672,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Similar Homes in Torrance, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,290,000 | None Listed On Document | |
| Grant Deed | $840,000 | California Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $672,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $1,290,000 | 0.0% | $1,063 / Sq Ft |
| 05/24/2024 05/24/24 | Price Changed | $1,290,000 | +7.6% | $1,063 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | For Sale | $1,199,000 | +42.7% | $988 / Sq Ft |
| 10/31/2023 10/31/23 | Sold | $840,000 | 0.0% | $692 / Sq Ft |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | Off Market | $840,000 | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $750,000 | -- | $618 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,717 | $1,315,800 | $1,122,000 | $193,800 |
| 2024 | $9,717 | $840,000 | $734,000 | $106,000 |
| 2023 | $1,574 | $113,191 | $84,679 | $28,512 |
| 2022 | $1,552 | $110,972 | $83,019 | $27,953 |
| 2021 | $1,515 | $108,797 | $81,392 | $27,405 |
| 2019 | $1,473 | $105,572 | $78,979 | $26,593 |
| 2018 | $1,386 | $103,503 | $77,431 | $26,072 |
| 2016 | $1,312 | $99,485 | $74,425 | $25,060 |
| 2015 | $1,283 | $97,992 | $73,308 | $24,684 |
| 2014 | $1,262 | $96,073 | $71,872 | $24,201 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Emily Griffin
Griffin Real Estate, Inc.
(951) 547-3500
1 in this area
190 Total Sales
-
Buyer's Agent in 2024
Katherine Larson
Keller Williams Pacific Estate
(562) 673-5335
1 in this area
59 Total Sales
-
Seller's Agent in 2023
Yana Beranek
Berkshire Hathaway HomeServices California Properties
(424) 343-4213
1 in this area
38 Total Sales
-
Buyer's Agent in 2023
Kelly O'Grady
Griffin Real Estate, Inc.
(949) 887-8765
1 in this area
19 Total Sales
Map
Source: The MLS
MLS Number: 23-319627
APN: 7355-002-018
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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