22224 S Vermont Avenue 102c, Torrance, California 90502, Torrance, 90502 - 2 bed, 2 bath
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Torrance, California 90502
This Condominium presents a Strong Value Opportunity, listed at $549,000—positioned well below the $548,537 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. With a Condition Rating of 4, the unit offers a functional layout with a private patio and central climate control, though it requires cosmetic updates to modernize its 1985 origins. While the HOA fees are notable, the gated security and carport parking provide essential utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22224 S Vermont Avenue 102c Subject | $549,000* List Price | 2 | 2 | 1,120 | $490 | - |
A 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.5 mi |
B 1126 W 228th Sold | $685,000 | 3 | 3 | 1,362 | $503 | 0.6 mi |
C 1229 W 223rd Street 113 Sold | $505,000 | 2 | 2 | 935 | $540 | 0.5 mi |
D 22919 Mariposa Avenue 307 Sold | $665,000 | 2 | 3 | 1,180 | $564 | 0.7 mi |
E 22224 S Vermont Avenue 102c Active | $559,000 List Price | 2 | 2 | 1,120 | $499 | 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 functional but dated. While it features newer laminate flooring, the popcorn ceilings and bathroom fixtures appear original or over 20 years old, requiring cosmetic updates to meet modern standards.
This lower-level unit features a spacious 1,120 sqft floor plan with a private patio and ensuite primary bedroom, offering accessibility and a practical layout for everyday comfort.
The property includes central air conditioning and heating along with a gas fireplace, providing modern climate control and comfort often missing in older regional condominiums.
Situated within a gated community, the unit comes with two dedicated covered carport spaces, offering both security and convenience in a high-demand area.
The monthly association fee of $653.76 is relatively high for this price point, which may impact buyer affordability and overall monthly housing expenses.
While the property has a Torrance mailing address, it is located within the Los Angeles Unified School District, which may be less desirable for buyers specifically seeking Torrance Unified schools.
Lower level 2 bedroom, 2 bathroom condo located in a gated community in Torrance P.O. This unit features a functional floor plan with a spacious living room, gas fireplace, and sliding glass doors leading to a private patio. The dining area connects to the kitchen, offering a practical layout for everyday living. The primary bedroom includes an ensuite bathroom and ample closet space. The second bedroom and additional full bath provide flexibility for various uses. Additional features include central air and heat and two covered carport spaces. Community amenities available; buyer to verify HOA details and financing options. Conveniently located near shopping, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 951.5 | 75% |
| Lot Size | 181,676 | 210,459 | 42% |
| Price | $549.0K | $490.0K | 71% |
| Price per sq ft | $490 | $548 | 21% |
| Built year | 1985 | 1982 | 71% |
| HOA | $653.76 | $397 | 96% |
| Days on market | 3 | 146 | 4% |
Jun 3, 2026
$549,000
Initial Listing
Apr 8, 2020
$435,000
Public Record
Jun 30, 2016
$350,000
Public Record
Jun 5, 2007
$390,000
Public Record
Feb 28, 2001
$161,000
Public Record