23211 Doris
Torrance, CA, 90505
$3,499,000
MLS: BB26074933
Beds
7
Baths
5
Sq Ft
2,618
Lot
0.54 ac
Year Built
1947
MLS #
BB26074933
Days on Market
0
Listed
Apr 22, 2026
Description
Exceptional Development Opportunity in Prime South Torrance! Over Half an Acre (.56 Acres) Rarely does a parcel of this size become available in such a sought-after South Torrance location. Situated on an expansive ~24,000+ sq ft lot, this property presents a unique opportunity for developers, investors, or end-users looking to build, expand, or reimagine. The generous lot size offers significant potential for redevelopment (buyer to verify with the City of Torrance), whether exploring subdivision, new construction, or creating a custom estate. Surrounded by established homes and located on a quiet residential street, the setting combines scale, privacy, and long-term upside. Ideally positioned near award-winning Torrance schools, parks, shopping, dining, and just a short drive to the beach, this is a rare chance to secure a large parcel in one of the South Bay’s most desirable neighborhoods.
Location
Torrance, Los Angeles County, CA 90505
Open on Google Maps ↗Listed by: Suzanna Storm · Redfin Corporation
Payment estimate
$24,606
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $349,900 · Loan: $3,149,100
- Principal & Interest
- $19,349
- Property tax (1.25%)
- $3,645
- Homeowners insurance
- $300
- Mortgage insurance
- $1,312
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 $122,465 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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