
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 941 W Carson Street 106 Sold | $480,000 | 2 | 2 | 1,038 | $462 | 0.5 mi |
B 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.3 mi |
C 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 lower-level 2 bedroom, 2 bathroom condo offering NEW AC, comfort, style, and everyday convenience in a desirable community. This move-in ready home welcomes you with a light filled 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 space to enjoy morning coffee, relax in the evening, or entertain guests while extending the living area outdoors. The open layout flows seamlessly into the dining area and well appointed kitchen, making the home feel both spacious and connected for daily living. The kitchen features crisp white cabinetry, neutral countertops, stainless steel appliances including a dishwasher and built in microwave, recessed lighting, and a convenient breakfast bar that opens to the dining nook for casual dining or entertaining. The primary suite offers a peaceful retreat with generous closet space and a private en suite bathroom designed with clean modern finishes and an updated vanity. The second bedroom provides flexible living options and can easily function as a guest room, home office, or additional sleeping space depending on your needs. Both bathrooms have been tastefully updated to provide a fresh, modern feel. An important upgrade to this home includes newly installed plumbing, adding long term value and peace of mind for the next owner. Additional features include: Laundry room with washer, dryer hook-ups, central air conditioning and heating for year round comfort, two covered carport parking spaces, and access to well maintained community amenities surrounded by mature landscaping. The community is FHA approved which opens the door to more financing options for buyers. Conveniently located near shopping centers, restaurants, parks, and major freeways, this home offers the ideal blend of comfort, accessibility, and low maintenance living. Whether you are a first time buyer, looking to downsize, or searching for a smart real estate investment, this turnkey condo is an 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 | $550.0K | $490.0K | 73% |
| Price per sq ft | $572 | $549 | 68% |
| Built year | 1985 | 1982 | 68% |
| HOA | $649.7 | $403 | 95% |
| Days on market | 95 | 134 | 23% |
Mar 3, 2026
$550,000
Initial Listing
Mar 16, 2023
$535,000
Public Record