21846 S Vermont Ave 3, Torrance, California 90502, Torrance, 90502 - 2 bed, 2 bath
Loading property details...
Torrance, California 90502
This Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $499,000—positioned slightly above the $488,961 Fair Market Value. While the property requires minor cosmetic updates to improve its Fair Condition Rating, it offers modern essentials like Central A/C & Heating, Engineered Wood Floors, and In-Unit Laundry. Located in a gated community with 2-Car Tandem Garage parking, this unit provides a secure, low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Torrance market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21846 S Vermont Ave 3 Subject | $499,000* List Price | 2 | 2 | 944 | $518 | - |
A 20547 S Vermont Avenue 2 Sold | $500,000 | 2 | 2 | 968 | $517 | 0.9 mi |
B 20557 S Vermont 7 Sold | $530,000 | 2 | 2 | 968 | $548 | 0.9 mi |
C 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.2 mi |
D 20545 S Vermont Avenue 3 Sold | $395,000 | 1 | 1 | 661 | $598 | 0.9 mi |
E 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 1998, the property is 28 years old, placing it in the 'Fair' category. While it features functional central HVAC and updated engineered wood flooring, the 'sold in present condition' disclaimer and dated laundry area suggest the kitchen and baths likely require minor updates to meet modern standards.
The unit features essential modern amenities including central A/C and heating, engineered wood flooring, and the high-demand convenience of in-unit laundry hook-ups.
Situated within the gated Torrance Park Villas with controlled access, the property offers added safety and includes a private 2-car tandem garage.
With a competitive sub-$500k price point and a relatively low monthly HOA fee of $222, this property represents an affordable opportunity for first-time buyers to build equity.
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.
While the property has a Torrance address, it is located within the Los Angeles Unified School District rather than the highly-rated Torrance Unified, which may impact resale appeal to families.
The listing specifies the home is sold in its present condition, suggesting the buyer should anticipate potential costs for deferred maintenance or cosmetic updates.
Fantastic opportunity to upgrade from renting to becoming a HOMEOWNER! This is it! Condo with 2-bedrooms/2-baths on the upper level. A touch of added security! Good layout and the rooms are spacious. Being on the upper level brings in a cool breeze and more light! Central A/C & Heating. Engineered wood floors. Primary suite has a walk-in closet. Laundry hook-ups inside. Can you say convenience?!? Garage tandem parking for 2 cars. Torrance Park Villas is a gated community with controlled access. Another safety feature! Close to freeways, restaurants and a major hospital in front of your home so come and take a serious look at the possibilities! Sold in its present condition.
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 | 944 | 1,141 |
| Lot Size | 19,269 | 214,786.5 |
| Price | $499.0K | $582.6K |
| Price per sq ft | $529 | $587 |
| Built year | 1998 | 1983 |
| HOA | $222.0 | $546 |
| Days on market | 20 | 68 |
Jul 2, 2026
$499,000
Initial Listing
Jun 26, 2012
$180,000
Public Record
Jun 3, 2005
$358,000
Public Record
Apr 26, 2004
$289,000
Public Record
Mar 14, 2002
$157,000
Public Record
Oct 8, 1998
$136,000
Public Record