For SaleRisky Deal14 days on market
24248 Falena Ave
24248 Falena Ave, Torrance, CA 90501, Torrance, CA 90501
$1,289,000
Estimate®:$1,269,400
Listing Price
24248 Falena Ave, Torrance, CA 90501
Loc: Torrance, CA
Days Listed
14
Tax Assessed
$84k
Estimate®
$1269k
Market Rate
Lot Size
6,214 sqft
Rent Estimate
$4,213/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
John Adams Elementary School
K-5
0.5 mi away
6
J. H. Hull Middle School
6-8
0.8 mi away
9
Torrance High School
9-12
1.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
mid-century modernranch stylewhite exteriorattached garageturquoise front doorflat roofopen porchlandscaped lawnstuccominimalistsingle-storycurb appealcovered entryway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.37%
Total ROI
10.4%
Cash Flow
$-4,142/mo
DSCR
0.38
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,142/mo net cash flow with a 2.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Torrance, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $1,289,000 | $886 |
| 2026-07-21 | Sold | $1,015,000 | $698 |
| 2026-06-27 | Contingent | $1,089,500 | $749 |
| 2026-06-05 | Price change | $1,089,500 | $749 |
| 2026-04-19 | Listed for sale | $1,129,000 | $776 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $83,813 |
| 2025 | $1,267.11 | $82,171 |
| 2024 | $1,232.51 | $80,561 |
| 2023 | $1,215 | $78,983 |
| 2022 | $1,198.24 | $77,435 |
| 2021 | $1,168.06 | $75,918 |
| 2020 | $1,153.42 | $75,141 |
| 2019 | $1,153.42 | $73,669 |
| 2018 | $1,028.78 | $72,226 |
| 2017 | $1,028.78 | $70,810 |
| 2016 | $1,007.74 | $69,423 |
| 2015 | $970.42 | $68,381 |
| 2014 | $936.87 | $67,043 |
| 2012 | $0 | $65,433 |
| 2011 | $0 | $64,151 |
| 2010 | $0 | $63,673 |
| 2009 | $0 | $63,825 |
| 2008 | $0 | $62,575 |
| 2007 | $0 | $61,349 |
| 2006 | $0 | $60,147 |
| 2005 | $0 | $60,147 |
| 2004 | $0 | $57,813 |
| 2003 | $0 | $56,754 |
| 2002 | $0 | $55,642 |
| 2000 | $0 | $53,484 |
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