2474 W 237th Place
Torrance, CA, 90501
$1,200,000
Original list price: $1,175,000
MLS: RS26035039
Beds
4
Baths
2
Sq Ft
1,296
Lot
0.12 ac
Year Built
1954
MLS #
RS26035039
Days on Market
36
Listed
Apr 24, 2026
Description
Rare Opportunity with a Brand-New Permitted ADU in the Highly Sought-After Torrance School District. Located at 2472 West 237th Place, this thoughtfully upgraded property offers the perfect blend of modern living, flexibility, and investment potential. The beautifully remodeled front home features 3 bedrooms and 1 bathroom across 924 sq. ft., highlighted by a light-filled living room and an updated kitchen with granite countertops and contemporary finishes. Complementing the main residence is a newly constructed, fully permitted 1-bedroom, 1-bathroom ADU (372 sq. ft., plus dedicated laundry area) with its own private entrance, full kitchen, washer/dryer hookups, and separate address (2476 W 237th Place), creating an ideal setup for rental income, multigenerational living, or a private workspace. Together, the property offers 1,296 sq. ft. of total living space with 4 bedrooms and 2 bathrooms. The expansive backyard is designed for both relaxation and entertaining, featuring mature fruit trees, lush landscaping, and ample room for gatherings of any size. Conveniently situated near popular shopping, dining, Del Amo Fashion Center, and Torrance Memorial Hospital. This move-in-ready home presents a rare opportunity to own a versatile property in one of Torrance’s most desirable neighborhoods.
Location
Torrance, Los Angeles County, CA 90501
Open on Google Maps ↗Listed by: Lal H. P Duwage · KalD Realty
Payment estimate
$8,841
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,841
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $42,000 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
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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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