
Torrance, California 90502
This Turnkey Condominium represents a Stable Market Opportunity, currently listed at a List Price of $525,000, which aligns perfectly with its $525,000 Fair Market Value. Boasting a Condition Rating of 2, this unit features extensive modern upgrades, including luxury vinyl plank flooring, smart home integrations, and renovated bathrooms. Residents enjoy a serene, park-like community with pools, spas, and scenic ponds. This property offers a stress-free, move-in-ready lifestyle, making it an ideal choice for first-time buyers or owner-occupants seeking a high-quality, low-maintenance residence in the South Bay.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20553 S Vermont Avenue 6 Subject | $518,000* List Price | 2 | 2 | 968 | $535 | - |
A 20561 S Vermont 7 Sold | $533,000 | 2 | 2 | 968 | $551 | 0.0 mi |
B 20557 S Vermont 7 Sold | $530,000 | 2 | 2 | 968 | $548 | 0.0 mi |
C 20545 S Vermont Avenue 3 Sold | $395,000 | 1 | 1 | 661 | $598 | 0.0 mi |
D 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.9 mi |
E 20632 S Vermont 18 Sold | $379,999 | 1 | 1 | 656 | $579 | 0.1 mi |
F 20405 S Vermont Active | $515,000 List Price | 2 | 2 | 959 | $537 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a comprehensive recent renovation within the last few years. Updates include new luxury vinyl plank flooring, fresh interior paint, updated kitchen countertops and plumbing, modernized bathrooms, and an updated electrical system with smart home features. The unit is in turnkey, mint condition with no immediate maintenance required.
The property features extensive recent improvements including luxury vinyl plank flooring, updated kitchen and bathrooms, and smart home integrations like a Nest thermostat, offering a move-in-ready experience.
Positioned on the upper level with vaulted ceilings and no overhead neighbors, this south-facing unit maximizes natural light and provides a sense of privacy and spaciousness rare in condo living.
Located in a gated community, residents have access to multiple pools, spas, and lush park-like grounds, complemented by the convenience of two assigned covered parking spaces and ample guest parking.
With over 100 days on the market and multiple price reductions from the original list price, the property may face perception issues regarding its value proposition relative to the current local market.
Despite the Torrance address, the property is situated within the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, which can impact long-term resale appeal for families.
New Price!! Recently reduced and competitively positioned in the market, this beautifully updated top-floor condo offers a rare combination of thoughtful upgrades, abundant natural light and turnkey convenience. Positioned on the upper level, the home features vaulted ceilings in the living area and no overhead neighbors, enhancing openness and comfort. A south-facing orientation fills the interior with natural light throughout the day while supporting energy efficiency in cooler months. Set along a lightly traveled section of the community walkway, the unit enjoys a private, low-traffic setting. The kitchen has newer countertops, a premium sink, updated plumbing fixtures and a powerful garbage disposal. Both bathrooms have been thoughtfully updated with newer toilets, lighting, mirrors, ventilation, shelving and coordinating fixtures. Newer luxury vinyl plank flooring runs throughout, paired with fresh interior paint in a modern, neutral palette. Energy-efficient LED lighting, updated vent covers and a dining area ceiling fan with remote control enhance comfort and functionality. System upgrades include an updated electrical system with newer outlets and switches. Smart home features such as a Google Nest thermostat and keyless smart lock add convenience. Additional updates extend to newer interior door hardware, improved closet storage, a newer sliding closet door in the secondary room and newer window and door screens. Community residents enjoy multiple pools and spas, generous green space, walking paths, scenic bridges, flowing water and a central pond, creating a calm, park-like atmosphere. The unit comes with two assigned covered parking spaces and ample guest parking. Located within a desirable gated South Bay community, the property offers convenient access to major freeways, healthcare, shopping, dining and regional destinations. Move-in ready and thoughtfully improved throughout, this home presents an exceptional opportunity to enjoy comfort, quality and long-term value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 968 | 1,141 |
| Lot Size | 247,568 | 214,786.5 |
| Price | $518.0K | $582.6K |
| Price per sq ft | $535 | $587 |
| Built year | 1982 | 1983 |
| HOA | $460.0 | $546 |
| Days on market | 173 | 68 |
Jul 19, 2026
$518,000
$519,000
+0% Price Increase
Initial Listing
Jun 16, 2026
$519,000
$525,000
-1% Price Drop
Initial Listing
May 1, 2026
$525,000
$540,000
-3% Price Drop
Initial Listing
Mar 28, 2026
$540,000
$550,000
-2% Price Drop
Initial Listing
Jan 30, 2026
$550,000
Initial Listing
Aug 7, 2024
$480,000
Public Record
Jul 15, 2003
$198,000
Public Record
Jan 5, 2000
$113,000
Public Record