
Torrance, California 90502
This Fully Renovated Condominium is a Strong Value Opportunity, listed at $538,000—positioned well below the $561,204 Fair Market Value by 4%. This valuation gap offers $23,204 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a modern open-concept kitchen, updated bathrooms, and new HVAC. With a private patio and turnkey status, this property balances financial stability with lifestyle comfort. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22230 S Vermont 103b Subject | $538,000* List Price | 2 | 2 | 961 | $584 | - |
A 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.3 mi |
B 1129 Sepulveda M103 Sold | $460,000 | 2 | 1 | 796 | $578 | 0.9 mi |
C 23304 Marigold Avenue X203 Sold | $465,000 | 2 | 2 | 859 | $541 | 0.8 mi |
D 23230 23230 Sesame 10c Sold | $485,000 | 2 | 2 | 842 | $576 | 0.6 mi |
E 23300 Marigold Avenue Z203 Sold | $449,000 | 2 | 1 | 796 | $564 | 0.8 mi |
F 22232 S Vermont Avenue 102b Active Under Contract | $549,000 List Price | 2 | 2 | 961 | $571 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a full modern renovation within the last 5 years, featuring a completely redesigned open-concept kitchen with stainless steel appliances, fully remodeled bathrooms with contemporary finishes, and major system upgrades including fully redone plumbing and central HVAC.
As the only fully renovated unit in the community, this home features a rare open-concept layout with a reimagined kitchen and updated flooring, offering a contemporary aesthetic that stands out from neighboring units.
Beyond cosmetic fixes, the property boasts fully redone plumbing and central HVAC, providing long-term peace of mind and reducing the likelihood of costly behind-the-wall repairs.
The complex is FHA approved and priced at an entry-level point for the Torrance area, making it an ideal and accessible opportunity for first-time homebuyers using low-down-payment programs.
The HOA dues of $512.40 are relatively high for a sub-1,000 square foot condo, which may impact the debt-to-income ratio and overall monthly affordability for budget-conscious buyers.
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, potentially affecting long-term appreciation.
Beautifully Reimagined 2 Bed, 2 Bath Condo! The heart of this home features an open concept kitchen, created by removing the original walls to flow seamlessly into the living and dining areas. Wood and laminate flooring runs throughout the kitchen and living room, adding warmth and a clean, contemporary feel. The spacious living room is anchored by a cozy gas fireplace and large sliding glass doors that open to a private patio. Both bathrooms have been remodeled with modern finishes and updated vanities. The primary suite offers generous closet space and its own updated en suite, while the second bedroom works as a guest room, home office, or flex space. Additional features include central air and heating, in-unit laundry hookups, two covered carport parking spaces, and access to well maintained community amenities. The complex is also FHA approved. Conveniently located near shopping, restaurants, parks, and major freeways. A turnkey opportunity not to be missed.
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 | 961 | 948 | 50% |
| Lot Size | 181,676 | 224,033 | 41% |
| Price | $538.0K | $490.0K | 73% |
| Price per sq ft | $560 | $550 | 55% |
| Built year | 1985 | 1982 | 73% |
| HOA | $512.4 | $403 | 95% |
| Days on market | 0 | 132 | 5% |
May 6, 2026
$538,000
Initial Listing
May 11, 2009
$285,000
Public Record
Jul 8, 2005
$360,000
Public Record
May 10, 2002
$170,000
Public Record