1624 Gramercy, Torrance, California 90501, Torrance, 90501 - 4 bed, 3 bath
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1624 Gramercy
Torrance, California 90501
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,800Sq Ft
11,071Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,080,485
SUMMARY
This Turnkey Mixed-Use Townhouse is a Strong Value Opportunity, listed at $1,100,000—positioned slightly above the $1,090,183 Fair Market Value. Built in 2010, the property maintains a Good Condition Rating, featuring modern waterproof luxury vinyl flooring and granite countertops. Located in the heart of Old Torrance, it offers proximity to the highly-rated Torrance High School. With its versatile 4-bedroom layout and prime location, this residence provides a stable, move-in ready lifestyle for Owner-Occupants or professional commuters seeking a modern, low-maintenance home.
Estimated Market Value
$1,080,485
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1624 Gramercy Subject | $1,050,000* List Price | 4 | 3 | 1,800 | $600 | - |
A 1800 Oak Street 624 Sold | $908,000 | 2 | 3 | 1,490 | $609 | 0.6 mi |
B 1660 Gramercy Avenue 6 Sold | $870,000 | 3 | 3 | 1,471 | $591 | 0.0 mi |
C 2303 Jefferson Street 1114 Sold | $1,316,888 | 3 | 4 | 2,250 | $585 | 0.6 mi |
D 1800 Oak Street 613 Sold | $1,250,888 | 3 | 3 | 1,950 | $641 | 0.6 mi |
E 1021 Cravens Sold | $939,000 | 3 | 3 | 1,570 | $598 | 0.4 mi |
F 1324 Portola Avenue Sold | $1,285,000 | 3 | 3 | 1,873 | $686 | 0.4 mi |
G 2106 Washington Active | $899,000 List Price | 2 | 3 | 1,379 | $652 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2010, this 14-year-old property falls squarely into the 'Good' category. It is well-maintained and move-in ready, featuring updated luxury vinyl flooring, functional granite countertops, and clean, modern kitchen and bathroom facilities that show no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Mixed-Use Layout
As a rare mixed-use end unit with 4 bedrooms and 3.5 bathrooms, this property offers a flexible work-from-home or live-work configuration that is highly sought after in the modern market.
- Prime Old Torrance Location
Ideally situated in the heart of Old Torrance, the home is just blocks from the highly-rated Torrance High School and within walking distance to local cafes, restaurants, and boutique shopping.
- Modern Construction and Finishes
Built in 2010, the residence features contemporary upgrades including waterproof luxury vinyl flooring and granite countertops, offering a move-in-ready experience compared to older area inventory.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- High Association Fees
The monthly HOA fee of $496.05 is relatively high for a townhouse, which increases the monthly carrying cost and may impact overall affordability for some buyers.
- Lack of Scenic Views
The property listing indicates no significant views, which could be a disadvantage for buyers prioritizing the aesthetic appeal of city or coastal vistas common in the South Bay region.
About 1624 Gramercy
Welcome to The Gramercy Gardens, ideally situated in the heart of Old Torrance. Built in 2010, this rare mixed-use end unit offers approximately 1,800 sq. ft. of versatile living space, featuring 4 bedrooms and 3.5 bathrooms. Designed for modern work/living combination, the home features waterproof luxury vinyl flooring, granite countertops, natural wood cabinetry, and bright, spacious interiors throughout. The oversized two-car garage with additional storage is currently configured as an extended living area, providing even more flexibility for today’s lifestyle. Enjoy the beautifully landscaped grounds and peaceful residential atmosphere of Gramercy Gardens while being just moments from the restaurants, cafés, shopping, and charm of Old Torrance. Located approximately three blocks from Torrance High School, just a few miles from the beach, and with access to major freeways.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2010
- Lot Size
- 11,071 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $496.05 / Month
Neighborhood Insights
Torrance Unified Schools
Torrance Elementary School
Grades K-5 • 0.7 mi
5/10
Fern Elementary School
Grades K-5 • 1.0 mi
6/10
J. H. Hull Middle School
Grades 6-8 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,800 | 1,322.457 |
| Lot Size | 11,071 | 101,577.886 |
| Price | $1.05M | $833.7K |
| Price per sq ft | $583 | $595 |
| Built year | 2010 | 1989 |
| HOA | $496.05 | $433 |
| Days on market | 26 | 58 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$1,100,000
Initial Listing
Sold
Sep 12, 2023
$944,000
Public Record
Sold
May 12, 2023
$795,000
Public Record
Sold
Dec 29, 2021
$723,000
Public Record
Sold
Feb 10, 2017
$3,420,000
Public Record