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 separate 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. 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.