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Under ContractSingleFamilyResidence

23118 Cerise Avenue

Torrance, CA, 90505

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$1,590,000

MLS: 26854323

Beds

4

Baths

2

Sq Ft

2,013

Lot

0.14 ac

Year Built

1965

MLS #

26854323

Days on Market

17

Listed

Jun 30, 2026

Description

First time on the market in more than 60 years! This beloved Marble Estates home is situated on a corner lot just a stone's throw from the award-winning Hickory Elementary School and the famous Hickory Park. Sitting on a 6000+ sq.ft. lot, this tri-level home went through major upgrades down to the studs about thirteen years ago. Upon entering the double front door entry, the well-defined living room with a decorative fireplace is open yet feels cozy. The dining and kitchen area sets an easy flow for daily living, indoor outdoor entertaining and activities. Upstairs, the three bedrooms and a full bathroom are bright, spacious, all with roomy closets and cabinet space. The primary bedroom suite is located at the ground level making it easy to access both the lower backyard and the garage. The two-car garage is accessible from the house, the side by side laundry is located here too. The upper backyard is dotted with fruit trees, and the layout is perfect for outdoor gatherings on the upper level, and a mini sports game at the lower lawn. This Marble Estates property is ready for a new owner to move in and embrace a wonderful summer!

Location

Torrance, Los Angeles County, CA 90505

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Listed by: Miranda Zhang · Home & Thrive Real Estate Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$11,748

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,000 · Loan: $1,431,000

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$9,196
Property tax (1.25%)
$1,656
Homeowners insurance
$300
Mortgage insurance
$596
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $55,650 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.

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Local Market Stats

See Torrance, CA 90505 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.