23930 Los Codona 206, Torrance, California 90505, Torrance, 90505 - 2 bed, 2 bath
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23930 Los Codona 206
Torrance, California 90505
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,004Sq Ft
47,037Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$619,594
12% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well above the $635,787 Fair Market Value by 17%. While the property requires cosmetic updates given its Condition Rating of 4, it offers significant lifestyle value through its Scenic Hillside Views and access to Top-Rated Schools like South High (9/10). The inclusion of two side-by-side gated parking spaces and private storage adds rare utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Torrance location.
Estimated Market Value
$619,594
Based on Realkey algorithm analyzing recent comparable sales in Torrance.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23930 Los Codona 206 Subject | $699,000* List Price | 2 | 2 | 1,004 | $617 | - |
A 23930 Los Codona 220 Sold | $619,000 | 2 | 2 | 990 | $625 | 0.0 mi |
B 22931 Nadine Circle A Sold | $535,000 | 2 | 2 | 950 | $563 | 0.9 mi |
C 24001 Neece Avenue 7 Sold | $659,000 | 2 | 2 | 1,173 | $562 | 0.1 mi |
D 22875 Nadine Sold | $548,000 | 2 | 2 | 1,117 | $491 | 1.0 mi |
E 23067 Nadine A Pending | $629,000 List Price | 2 | 2 | 1,117 | $563 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1970, the property shows inconsistent maintenance and updates. While one bathroom features a newer vanity, the second bathroom is significantly dated with older oak cabinetry and tile. The kitchen appears functional but basic, and the original wood-beamed ceilings and carpet indicate the unit is over 20 years removed from a full renovation. The disclaimer regarding AI-modified photos suggests the actual condition may require minor repairs and cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
- Prime Location & Top-Rated Schools
Located in highly desirable South Torrance, this property is minutes from Riviera Village and Torrance Beach, and falls within the boundaries of award-winning schools like South High.
- Scenic Hillside Views
The unit features a private balcony with stunning views of the Palos Verdes hills, providing a serene and picturesque backdrop that enhances the overall living environment.
CONSRISKS & DEFICIENCIES
- Potential Condition Discrepancy
The listing explicitly mentions that photos have been AI modified, which may mask the actual wear or dated nature of the interior finishes.
- Building Age
Constructed in 1970, the complex may face higher long-term maintenance requirements or lack the modern energy-efficient systems found in newer developments.
About 23930 Los Codona 206
Enjoy South Torrance living in this beautifully updated 2-bedroom, 2-bathroom condo with stunning Palos Verdes views. The bright, open layout extends to a private balcony, offering the perfect space to relax, entertain, or enjoy your morning coffee while taking in the scenic hillside backdrop. The generous primary suite offers a private en-suite bath, while the second bedroom provides flexibility for guests or a home office. Two side-by-side gated parking spaces and additional private storage add everyday convenience. Located in the desirable La Contessa community, residents enjoy access to a sparkling pool and hot tub, all within a well-maintained, secure complex. Just minutes from Torrance Beach, Riviera Village, award-winning South High School, parks, shopping and dining at Del Amo Mall, this home offers the perfect combination of comfort, convenience, and an exceptional South Bay lifestyle. *Photos have been AI-modified
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 47,037 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Torrance Unified Schools
Joseph Arnold Elementary School
Grades K-5 • 1.1 mi
8/10
Seaside Elementary School
Grades K-5 • 1.1 mi
9/10
Tulita Elementary School
Grades K-5 • 1.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,004 | 1,094.366 |
| Lot Size | 47,037 | 178,924.561 |
| Price | $699.0K | $606.4K |
| Price per sq ft | $696 | $576 |
| Built year | 1970 | 1982 |
| HOA | $430.0 | $542 |
| Days on market | 41 | 66 |
Pricing History
Listed for Sale
Aug 29, 2026
$699,000
$750,000
-7% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$750,000
Initial Listing