816 Faysmith Avenue
Torrance, CA, 90503
$1,150,000
MLS: SB26079415
Beds
2
Baths
2
Sq Ft
1,907
Lot
0.20 ac
Year Built
1951
MLS #
SB26079415
Days on Market
5
Listed
Apr 15, 2026
Description
Set on an expansive nearly 9,000 square foot lot in the heart of Torrance, 816 Faysmith Ave offers a rare opportunity to reimagine, expand, or create something entirely your own. Whether you’re an investor or a buyer with vision, this property provides a strong foundation in a highly desirable location. The home currently features 2 bedrooms and 2 bathrooms, with a flexible layout that was originally designed as a 3-bedroom—offering the option to easily convert back if desired. The main living and kitchen areas flow into a large enclosed patio, creating additional usable space and a connection to the outdoors. The backyard is a standout, with a fully operational pool and plenty of room to design your ideal outdoor setting. A freestanding pool house with fireplace adds a unique element with potential for entertaining, a studio, or future repurposing. The detached 2-car garage and generous lot size further enhance the property’s flexibility for future plans. Located on a quiet, tree-lined street in central Torrance, the home is just minutes from Del Amo Fashion Center, award-winning schools, parks, and dining, offering both convenience and long-term value. This is a compelling opportunity to bring your vision to life on a large lot in one of the South Bay’s most established neighborhoods.
Location
Torrance, Los Angeles County, CA 90503
Open on Google Maps ↗Listed by: Jesse Dougherty · Compass
Payment estimate
$8,288
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000
- Principal & Interest
- $6,359
- Property tax (1.25%)
- $1,198
- Homeowners insurance
- $300
- Mortgage insurance
- $431
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 $40,250 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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