
Torrance, California 90502
This Turnkey FHA-Approved Condominium is listed at $550,000, offering exceptional stability right at its $554,057 Fair Market Value. Boasting a Good Condition Rating, the residence features wood-style flooring, stainless steel appliances, and the long-term security of newly installed plumbing. The open layout includes central air conditioning and a private patio, providing a seamless move-in experience. Located in the Los Angeles Unified district, the community’s FHA eligibility provides accessible financing options. This is a premier choice for first-time buyers or Owner-Occupants seeking a polished, stress-free South Bay retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22230 S Vermont Avenue 102b Subject | $550,000* List Price | 2 | 2 | 961 | $545 | - |
A 23334 Sesame H Sold | $430,000 | 2 | 2 | 829 | $519 | 0.9 mi |
B 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.3 mi |
C 1136 Gian Drive Sold | $645,000 | 2 | 2 | 1,176 | $548 | 0.4 mi |
D 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.5 mi |
E 22230 S Vermont 103b Active | $538,000 List Price | 2 | 2 | 961 | $560 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985 but features significant recent updates including wood-style flooring, stainless steel appliances, and updated bathrooms. The listing highlights newly installed plumbing and functional central HVAC, making the unit move-in ready and well-maintained.
The community is FHA approved, which significantly broadens the pool of potential buyers by allowing for low down payment financing options.
This move-in ready unit features modern updates including wood-style flooring, stainless steel appliances, and newly installed plumbing, providing long-term value and peace of mind.
The condo offers highly desirable features including central air conditioning and heating, an interior laundry room with hook-ups, and two covered parking spaces.
The monthly HOA fee of approximately $650 is relatively high for this price point, which may impact a buyer's debt-to-income ratio and monthly affordability.
While the property has a Torrance address, it is located in the 'County Strip' and served by the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District.
FHA Approved! Welcome to this beautifully updated ground floor, single level 2 bedroom, 2 bathroom condo offering a NEW air conditioning system, newly installed plumbing, comfort, style, and everyday convenience in a highly desirable community. This move in ready home welcomes you with a bright open floor plan, wood style flooring, and a spacious living room anchored by a cozy gas fireplace. Large sliding glass doors open to a private patio, creating the perfect place to enjoy your morning coffee, unwind, or entertain guests. The open layout flows seamlessly into the dining area and well appointed kitchen featuring white cabinetry, neutral countertops, stainless steel appliances including a dishwasher and built in microwave, recessed lighting, and a breakfast bar for casual dining. The spacious primary suite offers generous closet space and a private en suite bathroom with updated finishes and a modern vanity. The secondary bedroom is ideal for guests, a home office, or additional living space. Both bathrooms have been tastefully updated. Additional highlights include an indoor laundry room with washer and dryer hookups, central heating and air conditioning, two covered carport spaces, and beautifully maintained community grounds. The desirable ground floor location offers easy single level living with no interior stairs, making it ideal for those looking to simplify their lifestyle. This FHA approved community provides expanded financing opportunities, making homeownership more attainable. A wonderful opportunity for first time buyers to explore available homebuyer assistance programs or homeowners looking to right size. If you are 55 or older, ask how California Proposition 19 may allow you to transfer your current property tax base to your next home. Conveniently located near shopping, dining, parks, and major freeways, this turnkey home offers comfort, convenience, and value. Whether purchasing your first home, downsizing, or investing, this is an opportunity you won't want to miss.
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 | $550.0K | $582.6K |
| Price per sq ft | $572 | $587 |
| Built year | 1985 | 1983 |
| HOA | $649.7 | $546 |
| Days on market | 141 | 68 |
Mar 3, 2026
$550,000
Initial Listing
Mar 16, 2023
$535,000
Public Record