For Sale Commercial MLS# 26991801

24812 Pitcairn Way

Torrance, CA 90505

$1,599,000

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About 24812 Pitcairn Way

A rare and truly special Walteria residence where dramatic design, modern upgrades, and exceptional versatility come together on one property. The beautifully remodeled main residence offers 2 bedrooms, 2 bathrooms, and a versatile bonus room ideal for a home office, den, gym, or additional flex space. Soaring ceilings and abundant natural light create an impressive sense of openness, while the open-concept floor plan is centered around a striking kitchen featuring a waterfall island, new appliances, and refined contemporary finishes.The home has undergone extensive permitted improvements and upgrades, including an addition to the main residence, updated electrical and plumbing, new windows, central air conditioning, smart-home features, and quality craftsmanship throughout.Adding TREMENDOUS VALUE and flexibility are TWO permitted accessory living units with seperate addresses: an attached studio ADU and a separate one-bedroom junior-ADU. Both are currently leased and generate a combined $4,600 per month, providing established rental income from day one while maintaining privacy and separation from the main residence. sellers are also willing to rent the main house for $5500/month. Offering approximately 2,482 sq ft of total living space, this property presents a rare opportunity to enjoy a beautifully updated home while benefiting from additional permitted living spaces and existing income. Property may be delivered vacant or with existing tenants in place at Close of Escrow, based on Buyer's preference. Ideally located in Walteria, South Torrance, near parks, shopping, dining, and South Bay beaches, this is a compelling combination of style, flexibility, and income potential on one property.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1950
Stories
1
Living area
2,482 sqft
Price / sqft
$644
Lot
0.1376
Original price
$1,599,000
MLS #
26991801

Interior

Features
Stacked
Laundry
Stacked

Exterior & lot

Features
Parking spaces: 2
Construction
1
Lot
TORR-LO

Schools

District
Torrance Unified School District

Financial

Parcel
7535005012
Special conditions
Standard

Location

Area
125 - Walteria
County
Los Angeles
Neighborhood
Walteria
Community
0.0
Directions
From Pacific Coast Hwy, turn right on Madison St, turn left on Newton St and turnleft again on Pitcairn Way

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Listed by Omid Abazari, The ONE Luxury Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.