
Torrance, California 90502
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $540,000—positioned well below the $558,697 Fair Market Value by 3%. This valuation gap offers $18,697 in Instant Equity. Featuring a Functional Single-Level Layout and a Private Two-Car Tandem Garage, the property maintains a Condition Rating of 4. While the "as-is" status requires minor cosmetic attention, the gated community amenities provide strong rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Torrance market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21836 S Vermont Avenue 6 Subject | $540,000* List Price | 3 | 2 | 1,063 | $512 | - |
A 20547 S Vermont Avenue 2 Sold | $500,000 | 2 | 2 | 968 | $517 | 0.9 mi |
B 1126 W 228th Sold | $685,000 | 3 | 3 | 1,362 | $503 | 0.9 mi |
C 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.2 mi |
D 20557 S Vermont 7 Sold | $530,000 | 2 | 2 | 968 | $548 | 0.9 mi |
E 22919 Mariposa Avenue 307 Sold | $665,000 | 2 | 3 | 1,180 | $564 | 0.9 mi |
F 1229 W 223rd Street 113 Sold | $505,000 | 2 | 2 | 935 | $540 | 0.6 mi |
G 22224 S Vermont Avenue 102c Active | $549,000 List Price | 2 | 2 | 1,120 | $490 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the >20y category. While functional with wood flooring, the 'as-is' sale status and mentioned minor repairs like the laundry door indicate it is dated and requires some maintenance and cosmetic updates.
The private two-car tandem garage includes custom cabinetry and generous storage, providing a rare and highly functional benefit for condominium living.
This three-bedroom home features a desirable open-concept floor plan with wood flooring and a private patio, maximizing the utility of the living space.
Located within a secure gated community, the property offers access to a pool and spa with a competitive HOA fee of only $222 per month.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19269, other record lot size in square feet = 19146.
The property is sold in as-is condition with specific noted issues, such as a laundry door that does not close, requiring immediate attention or appliance replacement.
At 1,063 square feet for a three-bedroom unit, the living quarters may feel tight, potentially limiting furniture placement and overall spaciousness.
Discover comfortable living in this three-bedroom, two-bath residence located within a gated community. This single-level home features warm wood flooring, abundant natural light, and a welcoming fireplace that anchors the main living space. The open-concept kitchen connects seamlessly to the living and dining areas, creating a functional layout ideal for everyday living or casual entertaining. A private patio extends the living space outdoors, offering peace setting for relaxation. The primary suite includes a private en-suite bath and dual closets, while two additional bedrooms provide flexibility for guests, a home office, or family needs. In-unit laundry is conveniently located within the home. The private two-car tandem garage includes custom cabinetry and generous storage—an uncommon benefit in condominium living. The property is being sold AS-IS. The laundry closet door does not close due to an oversized dryer and will function properly with appropriately sized units. Existing furniture and appliances will remain in their present condition. Residents enjoy access to community amenities including a pool and spa within a HOA community. Conveniently located near shopping, dining, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,063 | 951.5 | 73% |
| Lot Size | 19,269 | 224,033 | 27% |
| Price | $540.0K | $490.0K | 73% |
| Price per sq ft | $508 | $548 | 18% |
| Built year | 1997 | 1982 | 91% |
| HOA | $222.0 | $396 | 9% |
| Days on market | 39 | 132 | 5% |
May 7, 2026
$540,000
Initial Listing
Dec 15, 2017
$380,000
Public Record
Oct 3, 2008
$284,000
Public Record
Apr 13, 2005
$377,000
Public Record
Dec 18, 1997
$138,000
Public Record