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    Single-Family Home with ADU Title is generated by Realmo AI

    2124 W 238th Street, Torrance, CA 90501

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    For Sale
    $1,879,000

    Single Family Residence - Torrance, CA

    Type:Single Family Residence
    Property size:
    3,896 SF
    Lot size:
    6,720.00 Acres
    Price / SF:
    $482/SF
    Added:
    Mar 16, 2026
    Days on Market:
    83
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 2124 W 238th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Property condition
    New Construction
    Bedrooms
    7
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Laundry, Living Room
    Parking
    4
    Parking features
    Garage
    Window features
    Double Pane Windows
    Interior features
    Recessed Lighting, Open Floorplan, Carbon Monoxide Detector(s), Fire And Smoke Detection System, Window Features: Double Pane Windows
    Exterior features
    Fence, Community Features Included: Street Lights, Sidewalks, 0-1 Unit/Acre, Back Yard
    Fencing
    Fenced
    Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
    Standard status
    Active
    Size
    3,896 SF
    Lot size
    6,720.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Wood
    Building materials
    Concrete, Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Osmin Ruano
    Osmin Ruano

    Listing agent Osmin Ruano License #01746396

    Listing office Estate Properties 1401 Highland Ave, Palos Verdes Estates, CA

    Listing date Mar 16, 2026

    MLS# SB26057600 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New construction 2026: 5 BD, 5 BTH residence plus detached 2 BD, 2 BTH casita (ADU)
    • Detached casita has its own kitchen with appliances, interior laundry, and separate utility meters (gas, electric, and water)
    • Central heating and central air, with double‑pane windows throughout
    • Main home includes garage parking and a covered patio leading to a fenced backyard
    • Gated community of four homes and their ADUs sharing a driveway
    • Multiple bedrooms include en‑suite baths, including a primary suite with walk‑in closet and private balcony access

    Overview

    Newly built single-family residence with a main home plus a detached casita (ADU). The main home offers 5 bedrooms and 5 bathrooms, including a main-level bedroom and bath. Upstairs, there are four bedrooms each with its own bathroom, with the primary suite featuring a fireplace, walk-in closet, and access to a shared front balcony. The interior includes bright living and family spaces with soaring ceilings, a kitchen with abundant counter space, generous storage, a pantry, and brand-new appliances. Sliding glass doors open to a covered patio and a grassy backyard. Outside features include multiple outdoor areas and a two-car garage.

    Set to the back of a small gated community of four homes and their ADUs that share a driveway. The property is in Torrance, CA, within minutes of shopping, dining, and major transportation routes, providing convenient access for daily life.

    Designed for multi-generational living or income flexibility, the detached casita includes 2 bedrooms and 2 bathrooms, a bright open-concept living space, and a full kitchen with appliances. It also has interior laundry and separate utility meters for gas, electric, and water. The main home’s multiple bedrooms with en-suite bathrooms and the additional upstairs and outdoor areas support a range of lifestyles, from hosting to home office and creative use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.318097
    Latitude
    33.8082094

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    FAQs

    What type of property is this?
    Single family property - Newly built 5-bedroom home with an attached casita, offering flexible space for guests, work, or rental use.
    Where is this single family property located?
    The property is located at 2124 W 238th Street Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,879,000.
    What are key features of this property?
    This property features: New construction 2026: 5 BD, 5 BTH residence plus detached 2 BD, 2 BTH casita (ADU); Detached casita has its own kitchen with appliances, interior laundry, and separate utility meters (gas, electric, and water); Central heating and central air, with double‑pane windows throughout
    (310) 378-9494
    We can help!
    Listing Contact
    Osmin Ruano
    Osmin Ruano
    Real Estate License ID: 01746396
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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