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Zoned R3! Discover the possibilities at 2834 Pacific Coast Hwy, Torrance, a property offering a unique combination of location, flexibility, and income potential. This property provides an attractive opportunity for investors, developers, or buyers looking for versatile residential use. Located in South Torrance’s desirable Walteria neighborhood, the property offers convenient access to shopping, dining, major transportation routes, and the South Bay's many amenities. Currently, the front house features 3 bedrooms and 1 bathroom, with a separate, permitted 1-bedroom, 1-bath unit behind it. The layout is particularly well suited for R3 development, as well as for a family with multigenerational living, allowing different family members to live onsite in their own units. A versatile property with strong investment potential, or move-in now with rental income availability and flexibility for the future. This is a unique and rare opportunity in the South Bay, available right now! Buyer to independently verify zoning, permitted uses, density, development potential, setbacks, parking requirements, and all other property and development information with the City of Torrance.
Listing agent: Yan Wang DRE #02200268 yan-wang@kw.com, Listing office: Keller Williams Realty
MLS data updated 10/16/2026, 6:30:43 PM PT
Source: CRMLS, MLS #: PV26188476
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 21, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,290,000Original asking price · Aug 21, 2026ZIP 90505 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.