1229 W 223rd Street 113, Torrance, California 90502, Torrance, 90502 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$499,999
1229 W 223rd Street 113, Torrance, California 90502
2Beds
2Baths
935Sqft
50,180Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Gated Community & Security: Located within the gated Gateway Village community with controlled access and guest parking, providing enhanced security and peace of mind.
Top Cons:
Age of Building: Built in 1987, the property is 37 years old, which may imply older common area aesthetics or potential for future maintenance needs beyond the recently updated systems.
Compared to the nearby listings
Price:$500.0K vs avg $512.5K ($-12,501)46%
Size:935 sqft vs avg 951.5 sqft46%
Price/sqft:$535 vs avg $53550%
More Insights
Built in 1987 (38 years old).
Condition: The property, built in 1987 (37 years old), is well-maintained and move-in ready. Key systems and appliances, including the range, refrigerator, dishwasher, and HVAC, have been recently updated, which is a significant positive. However, the kitchen features dated tiled countertops, older cabinets, and fluorescent lighting, indicating that while functional, it shows signs of being outdated. The bathrooms, though not clearly pictured, are likely of a similar vintage. The living room has laminate flooring, and bedrooms are carpeted. While major systems are functional, the aesthetic of the kitchen and potentially bathrooms would likely prompt a buyer to consider minor cosmetic updates to modernize the space. This aligns with the 'Fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and requiring minor updates.
Year Built
1987
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$535
HOA
$385
Days on market
-
Sold On
-
MLS number
25612219
Home ConditionFair
Features
Patio
View-
About this home
Experience the best deal in Torrance and the South Bay with this inviting ground-level 2-bedroom, 2-bath condo in the gated Gateway Village community. Enjoy a private walk-in entry, comfortable layout, central AC and heat, a spacious interior laundry room with abundant storage, plus a private patio. The range, refrigerator, dishwasher, and HVAC have all been recently updated. The primary suite features an en-suite bath, measures approximately 14.5' x 11', and includes an oversized 7' x 5' walk-in closet. The secondary bedroom is about 11' x 11'. A private oversized 2-car garage offers generous storage space, while controlled access and guest parking provide security and convenience. Living room also includes a decorative fireplace. Perfectly located near Harbor-UCLA Medical Center and major freeways (405, 710, and 105), this home presents a rare opportunity to enjoy comfort, privacy, and exceptional value in one of the South Bay's most accessible neighborhoods.
Price History
Date
Event
Price
07/23/01
Sold
$131,500
Condition Rating
Fair
The property, built in 1987 (37 years old), is well-maintained and move-in ready. Key systems and appliances, including the range, refrigerator, dishwasher, and HVAC, have been recently updated, which is a significant positive. However, the kitchen features dated tiled countertops, older cabinets, and fluorescent lighting, indicating that while functional, it shows signs of being outdated. The bathrooms, though not clearly pictured, are likely of a similar vintage. The living room has laminate flooring, and bedrooms are carpeted. While major systems are functional, the aesthetic of the kitchen and potentially bathrooms would likely prompt a buyer to consider minor cosmetic updates to modernize the space. This aligns with the 'Fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and requiring minor updates.
Pros & Cons
Pros
Gated Community & Security: Located within the gated Gateway Village community with controlled access and guest parking, providing enhanced security and peace of mind.
Central AC & Updated Systems: Features central AC and heat, with recently updated HVAC, range, refrigerator, and dishwasher, minimizing immediate maintenance and upgrade costs.
Private Oversized 2-Car Garage: Includes a private oversized 2-car garage offering ample parking and significant additional storage space.
Spacious Interior Laundry & Storage: Equipped with a spacious interior laundry room that provides abundant storage, adding practical convenience.
Prime Location & Accessibility: Strategically located near Harbor-UCLA Medical Center and major freeways (405, 710, 105), offering excellent accessibility for commuters and essential services.
Cons
Age of Building: Built in 1987, the property is 37 years old, which may imply older common area aesthetics or potential for future maintenance needs beyond the recently updated systems.
Monthly Association Fee: A recurring monthly association fee of $385.00 adds to the overall cost of homeownership.
Lack of View: The property does not offer any specific view, which might be a drawback for buyers prioritizing scenic outlooks.