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5132 Newton St, Torrance, CA 90505

Sale Price: $1,200,000
Jul 10, 20241,600 sqft3 beds3 baths
Listed by: Alex Smith
License #: 01859768
Phone #: 888-584-9427
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: SB24136864

Property Description

PRICE REDUCED, motivated seller! This is a major opportunity to build an ADU and/or Jr ADU with an incredible view on a 1/3rd acre lot in the wonderful Hollywood Riviera neighborhood of South Torrance, only a short distance from Riviera Elementary, Richardson Middle, and South High School and several great parks. There's an existing 3-bed, 2.5 bath, ~1600 sqft single level, single family home and 2-car garage at the base of the lot, with 2/3rds of hilly lot waiting for your improvements. Use Satellite View to see how some of the neighbors have built on their hilly lots. The home has so much potential for someone looking to turn their dream into a reality. The existing home has a primary suite with a big walk-in closet, a full bath in the hall, another bedroom, and an office suite with a half bath. The bonus room at the rear of the lot provides additional space for play space or an office. Talk to the City of Torrance Planning Division about developing additional units!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,195

TurboHome Estimated Value

$1,331,500

$832 sqft

High Valuation
$1,398,075
$874/sqft
Normal Valuation
$1,331,500
$832/sqft
Low Valuation
$1,264,925
$791/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$832/sqft$1,331,500

Neighborhood: Hollywood Riviera

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Comparative Value

$1.20M

$1.25M

$1.40M

$1.48M

$1.53M

$1.74M

5132 Newton St, Torrance, CA 90505

Sale Price: $1,200,000

Selected Comparable

5132 Newton St, Torrance, CA 90505

List Price: $1,250,000

Subject Property

4620 Newton St, Torrance, CA 90505

Sale Price: $1,400,000

Selected Comparable

4726 Greenmeadows Ave, Torrance, CA 90505

Sale Price: $1,475,000

Selected Comparable

4620 Greenmeadows Ave, Torrance, CA 90505

Sale Price: $1,530,000

Selected Comparable

319 Paseo De Gracia, Redondo Beach, CA 90277

Sale Price: $1,737,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5132 Newton St, Torrance, CA 90505

5132 Newton St, Torrance, CA 90505

List: $1,250,000

Listed: 7/10/2024

Area:1,600 sqft
Price/sqft:$781
Beds:3
Baths:3
Year Built:
Lot Size:13,473

Comparable Properties

COMPARABLE
Choose comps
5132 Newton St, Torrance, CA 90505

5132 Newton St, Torrance, CA 90505

Sale: $1,200,000

9/11/20240.00 mi

Area:1,600 sqft
Price/sqft:$750
Beds:3
Baths:3
Year Built:
Weight:21.8%
319 Paseo De Gracia, Redondo Beach, CA 90277

319 Paseo De Gracia, Redondo Beach, CA 90277

Sale: $1,737,000

7/1/20250.42 mi

Area:1,382 sqft
Price/sqft:$1,257
Beds:3
Baths:3
Year Built:
Weight:21.0%
4620 Newton St, Torrance, CA 90505

4620 Newton St, Torrance, CA 90505

Sale: $1,400,000

5/1/20250.40 mi

Area:1,646 sqft
Price/sqft:$851
Beds:3
Baths:2
Year Built:
Weight:19.4%
4726 Greenmeadows Ave, Torrance, CA 90505

4726 Greenmeadows Ave, Torrance, CA 90505

Sale: $1,475,000

3/18/20250.31 mi

Area:1,548 sqft
Price/sqft:$953
Beds:3
Baths:2
Year Built:
Weight:19.3%
4620 Greenmeadows Ave, Torrance, CA 90505

4620 Greenmeadows Ave, Torrance, CA 90505

Sale: $1,530,000

12/27/20240.39 mi

Area:1,640 sqft
Price/sqft:$933
Beds:3
Baths:2
Year Built:
Weight:18.5%

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2

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3

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