
Torrance, California 90502
This Turnkey Condominium is a Strong Value Opportunity, listed at $550,000—positioned slightly above the $536,716 Fair Market Value. While priced at market stability, the property features a Mint Condition Rating with a brand-new HVAC system and updated plumbing, ensuring zero immediate maintenance. The ground-floor, single-level layout offers exceptional accessibility, complemented by a private patio and FHA-approved financing. This residence provides a seamless, stress-free lifestyle for first-time buyers or downsizers seeking a modern, move-in ready home in a convenient Torrance location.
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 | $558 | - |
A 22238 S Vermont Ave 102 D Sold | $605,000 | 3 | 2 | 1,219 | $496 | 0.0 mi |
B 1136 Gian Drive Sold | $645,000 | 2 | 2 | 1,176 | $548 | 0.5 mi |
C 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.3 mi |
D 1133 Sepulveda O-101 Sold | $448,000 | 2 | 1 | 796 | $563 | 0.9 mi |
E 806 Coriander Sold | $425,000 | 2 | 2 | 829 | $513 | 0.9 mi |
F 22230 S Vermont 103b Active | $532,999 List Price | 2 | 2 | 961 | $555 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property is in mint, turnkey condition following recent renovations. It features a brand-new HVAC system and newly installed plumbing, addressing major systems. The interior is updated with modern wood-style flooring, stainless steel appliances, and tastefully refreshed kitchen and bathrooms, requiring no immediate maintenance.
The property features significant recent improvements, including a brand-new air conditioning system and newly installed plumbing, offering peace of mind and reduced immediate maintenance costs for the buyer.
As a ground-floor, single-level unit with no interior stairs, this condo is ideal for a wide range of buyers, including those looking to downsize or individuals seeking long-term accessibility.
The community is FHA approved, providing expanded financing opportunities and making homeownership more attainable for first-time buyers utilizing low-down-payment programs.
The monthly association fee of $614.88 is relatively high for a two-bedroom unit under 1,000 square feet, which may impact the overall monthly affordability for some purchasers.
Although the property has a Torrance address, it is situated within the Los Angeles Unified School District rather than Torrance Unified, which may be a drawback for families prioritizing specific local schools.
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 | 1,094.366 |
| Lot Size | 181,676 | 178,924.561 |
| Price | $550.0K | $606.4K |
| Price per sq ft | $572 | $576 |
| Built year | 1985 | 1982 |
| HOA | $614.88 | $542 |
| Days on market | 4 | 66 |
Sep 5, 2026
$550,000
Initial Listing
Mar 16, 2023
$535,000
Public Record