22216 S Vermont Avenue 201b, Torrance, California 90502, Torrance, 90502 - 2 bed, 2 bath
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Torrance, California 90502
This Condominium presents a Strong Value Opportunity with a List Price of $489,000—positioned well below the $488,110 Fair Market Value by 0%. While the property is in Fair Condition Rating (39 years old), it offers functional living with central air, in-unit laundry, and two covered parking spots. The balcony provides a scenic view of the community pool and stream. This unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, customizable residence in Torrance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22216 S Vermont Avenue 201b Subject | $479,000* List Price | 2 | 2 | 961 | $505 | - |
A 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.5 mi |
B 23334 Sesame H Sold | $430,000 | 2 | 2 | 829 | $519 | 0.9 mi |
C 23304 Marigold Avenue X203 Sold | $465,000 | 2 | 2 | 859 | $541 | 0.8 mi |
D 22224 S Vermont Avenue 102c Active | $549,000 List Price | 2 | 2 | 1,120 | $490 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated but functional. While it features updated laminate flooring and central air, the presence of popcorn ceilings and original-style fireplace tiling indicates it has not had a comprehensive modern renovation within the last 15 years. It appears well-maintained but requires cosmetic updates to meet current 'Excellent' or 'Good' standards.
The unit includes highly desirable features such as central air conditioning, an in-unit laundry room, and two covered parking spots, providing significant daily convenience for residents.
An upper-level location combined with an open floor plan and a private balcony overlooking the community stream and pool creates a bright, tranquil, and inviting living environment.
The primary bedroom offers a dedicated en suite bathroom and a walk-in closet, providing a private and spacious retreat that is often a top priority for condo buyers.
The monthly HOA fee of $614.88 is substantial for this price point and may impact the overall affordability and debt-to-income ratio for potential buyers.
Although the property has a Torrance address, it is situated within the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, which may deter some families.
Welcome to this wonderful 2 bedroom 2 baths upper-level condo. Open floor plan with an abundance of natural light and views of the stream and pool off of the living room balcony to enjoy your morning coffee. The living room is appointed with a gas fireplace and laminate floors. The primary suite includes and en suite bathroom and walk in closet with views of the mature landscape. Laundry room with washer and dryer, central air and 2 covered parking spots. Conveniently located near restaurants, shopping and the freeway.
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 | 961 | 1,141 |
| Lot Size | 181,676 | 214,786.5 |
| Price | $479.0K | $582.6K |
| Price per sq ft | $498 | $587 |
| Built year | 1985 | 1983 |
| HOA | $614.88 | $546 |
| Days on market | 14 | 68 |
Jul 21, 2026
$479,000
$489,000
-2% Price Drop
Initial Listing
Jul 8, 2026
$489,000
Initial Listing
Aug 1, 2019
$382,000
Public Record
May 31, 2016
$320,000
Public Record
Oct 19, 2004
$299,500
Public Record