Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1509 Elm Avenue

Torrance, CA, 90503

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$2,795,000

MLS: SB26039803

Beds

6

Baths

7

Sq Ft

3,759

Lot

0.17 ac

Year Built

1950

MLS #

SB26039803

Days on Market

57

Listed

Feb 24, 2026

Description

Now Fully Staged! Welcome to Stunning 1509 Elm — an amazing custom build offering luxury living and investment potential. This stunning home offers 2,762 square feet of living space, plus a 47 sq. ft. balcony and a 234 sq. ft. covered patio. Inside, you’ll find a huge gourmet kitchen with an open floor plan, an oversized island any cooking enthusiast would dream of, and top-of-the-line Thermador appliances, along with 4 spacious bedrooms and 4.5 beautifully appointed bathrooms. The elegant primary suite boasts vaulted ceilings, a walk-in closet, and a spa-inspired bathroom complete with a soaking tub, dual vanities, and a walk-in shower featuring dual faucets and ceiling-mounted rain shower heads. This home is thoughtfully equipped with premium upgrades, including a built-in Sonos sound system, Ring doorbells and security cameras, and central air and heating. Every detail has been beautifully designed and added to create a true modern masterpiece. Situated on a generous 7,500 sq. ft. lot, this exceptional property also includes a detached ADU at 1511 Elm, offering 997 sq. ft. of living space plus a 189 sq. ft. covered patio. Featuring 2 bedrooms and 2 bathrooms, 1511 Elm is just as beautifully designed as the main residence — a seamless extension of 1509 Elm in a more compact form, perfect for rental income, extended family, or guests. A rare opportunity to own a luxury residence with built-in investment potential. 1509 Elm (main house) and 1511 Elm (ADU) won’t last — make this dream home yours today.

Location

Torrance, Los Angeles County, CA 90503

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Listed by: Steven Mansour · WestCoast Realty & Management

Payment estimate

$19,715

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $279,500 · Loan: $2,515,500

%
Principal & Interest
$15,456
Property tax (1.25%)
$2,911
Homeowners insurance
$300
Mortgage insurance
$1,048
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Torrance home with as little as 3.5% down using an FHA loan — roughly $97,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Torrance, CA 90503 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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