
Torrance, California 90502
This Condominium presents a Strong Value Opportunity, listed at $470,000—positioned well above the $439,574 Fair Market Value by 6%. While the property carries a Condition Rating of 4, it features a functional layout and a private deck, offering a solid foundation for cosmetic updates. Despite the higher association fees and LAUSD school district, the unit’s strategic South Bay location provides excellent commuter access and rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, entry-level asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23318 Sesame Street P Subject | $470,000* List Price | 2 | 2 | 829 | $530 | - |
A 23304 Marigold Avenue X203 Sold | $465,000 | 2 | 2 | 859 | $541 | 0.4 mi |
B 23300 Marigold Avenue Z203 Sold | $449,000 | 2 | 1 | 796 | $564 | 0.4 mi |
C 23300 Marigold Avenue Z103 Sold | $470,000 | 2 | 1 | 796 | $590 | 0.4 mi |
D 1121 Sepulveda Sold | $355,000 | 1 | 1 | 618 | $574 | 0.4 mi |
E 806 Coriander C Active | $400,000 List Price | 2 | 2 | 829 | $483 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is well-maintained but dated. While it features some cosmetic updates like stainless steel appliances and modern light fixtures, the kitchen cabinetry, bathroom fixtures, and ceramic tile flooring appear to be over 20 years old. The presence of a wall-mounted AC unit instead of central HVAC also indicates older systems.
The property is ideally situated in the 90502 pocket with immediate access to major freeways, Wilson Park, and extensive retail hubs, offering excellent connectivity for commuters and residents.
With a functional 2-bedroom, 2-bathroom layout and a competitive entry-level price point, this unit appeals to a wide demographic including first-time buyers, downsizers, and mid-term rental investors.
The open-concept floor plan and abundant natural light maximize the interior square footage, creating an inviting and airy atmosphere that feels more spacious than its measured size.
The association fee of $625 per month is relatively high compared to the listing price, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
Despite the Torrance address, the property is located within the Los Angeles Unified School District rather than the highly-rated Torrance Unified School District, which can be a deterrent for families.
Spacious and well-located condo offering an exceptional opportunity for owner-occupants, first-time buyers, downsizers, or investors seeking flexibility in the South Bay. This inviting unit features an open-concept living area, abundant natural light, generously sized bedrooms, and a functional layout designed for comfortable everyday living. Recent interior enhancements include recessed lighting throughout the home, updated light fixtures and ceiling fans, and a modern refrigerator less than one year old that is included in the sale. Set within the practical and convenient 90502 pocket near Mariners Park Village, the surrounding neighborhood is defined by low-rise condo communities, landscaped internal courtyards, shared green space, parking courts, and easy-to-navigate streets. Daily essentials are close by, with grocery options, big-box retail, casual dining, fitness centers, shopping, services, and public transportation nearby. Wilson Park, Del Amo Park, and the Wilson Park Farmers Market add outdoor space and community rhythm, while Dignity Health Sports Park, Torrance Art Museum, and South Coast Botanic Garden are within a comfortable drive. With proximity to Sepulveda Blvd, Vermont Ave, and key freeway connections, this home offers strong access across Los Angeles and potential mid-term rental appeal as major events continue to draw demand throughout Southern California.
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 | 829 | 897 | 45% |
| Lot Size | 296,241 | 238,253 | 91% |
| Price | $470.0K | $475.0K | 50% |
| Price per sq ft | $567 | $549 | 64% |
| Built year | 1973 | 1982 | 36% |
| HOA | $625.0 | $403 | 95% |
| Days on market | 12 | 134 | 5% |
May 25, 2026
$470,000
Initial Listing
Nov 1, 2022
$430,000
Public Record
May 25, 2004
$257,000
Public Record
Dec 3, 1996
$60,000
Public Record