24248 Falena Ave.
Torrance, CA, 90501
$1,129,000
MLS: SB26084219
Beds
3
Baths
2
Sq Ft
1,455
Lot
0.14 ac
Year Built
1954
MLS #
SB26084219
Days on Market
0
Listed
Apr 18, 2026
Description
First time on market in 71 years. Charming three bedroom, 1 & 3/4 bath home with a family room. Corner lot on cul-de-sac of ten homes. House is dated but has been taken care of and well maintained. Post & beam Mid-Century Modern. Lots of windows and light. Wood Open Beam Ceilings. Living Room has floor to ceiling front windows and the original raised hearth fireplace that provides extra seating. Open floor plan. Kitchen has lots of cabinets. Front bedroom has sliding door to living room and makes a great office. Large family room has a fireplace. Forced Air Heat and Air Conditioning. Manicured front and back yard. Detached two car garage. Rear patio and side covered patio. Long RV space on the side of the garage provides extra parking. Walk to Lomita Park. Minutes to the Crossroads Shopping Center in Torrance and the Harbor Freeway.
Location
Torrance, Los Angeles County, CA 90501
Open on Google Maps ↗Listed by: John Fields · Bonanza Realty
Payment estimate
$8,143
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $112,900 · Loan: $1,016,100
- Principal & Interest
- $6,243
- Property tax (1.25%)
- $1,176
- Homeowners insurance
- $300
- Mortgage insurance
- $423
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 $39,515 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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