24001 Neece 4, Torrance, California 90505, Torrance, 90505 - 3 bed, 3 bath

24001 Neece 4, Torrance, California 90505 home-pic-0
ACTIVE$920,000
24001 Neece 4, Torrance, California 90505
3Beds
3Baths
1,539Sqft
26,484Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Financial Incentive: The property qualifies for a home loan grant of up to $20,000, offering a substantial financial benefit for buyers to reduce their mortgage rate.
Top Cons:
Substantial Monthly Association Fees: The $495 monthly association fee represents a significant ongoing cost for homeowners, impacting overall affordability.

Compared to the nearby listings

Price:$920.0K vs avg $646.5K (+$273,500)92%
Size:1,539 sqft vs avg 1,114 sqft96%
Price/sqft:$598 vs avg $59950%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property has undergone significant and recent updates, particularly in the kitchen and bathrooms. The kitchen features modern two-tone cabinetry, quartz countertops, and stainless steel appliances, while the visible bathroom also boasts updated vanity, countertops, and tiling. The flooring throughout the main living areas is modern LVP/laminate, and bedrooms have clean carpeting. These extensive renovations, aligning with contemporary styles and functionality, make the property move-in ready with no immediate updates required, fitting the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.
Year Built
1980
Close
-
List price
$920K
Original List price
$960K
Price/Sqft
$598
HOA
$495
Days on market
-
Sold On
-
MLS number
PW25238943
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

HUGE PRICE reduction!!! Welcome to this beautifully updated corner unit. Decribed as a condo, but feels like a TOWNHOME. Only one shared wall in this two level home. This beautiful space features over 1500 square feet which includes three bedrooms and two bathrooms upstairs and one bathroom downstairs. The open concept kitchen and den are updated with stunning cabinetry and quartz countertops with coutertop seating. This gated community features a beautiful pool and spa, with plenty of space for entertaining. On a beautiful tree lined street in award-winning Torrance School District you will enjoy ocean breezes throughout the entire property. Welcome home... do not miss this incredible opportunity. ALSO this property qualifies for a home loan GRANT of up to $20,000! BUY DOWN that mortgage rate!

Nearby schools

8/10
Joseph Arnold Elementary School
Public,K-51.1mi
9/10
Seaside Elementary School
Public,K-51.2mi
9/10
Tulita Elementary School
Public,K-51.7mi
9/10
Alta Vista Elementary School
Public,K-52.1mi
7/10
Calle Mayor Middle School
Public,6-80.9mi
9/10
South High School
Public,9-120.8mi

Price History

Date
Event
Price
07/07/99
Sold
$232,000
Condition Rating
Good

Built in 1980, this property has undergone significant and recent updates, particularly in the kitchen and bathrooms. The kitchen features modern two-tone cabinetry, quartz countertops, and stainless steel appliances, while the visible bathroom also boasts updated vanity, countertops, and tiling. The flooring throughout the main living areas is modern LVP/laminate, and bedrooms have clean carpeting. These extensive renovations, aligning with contemporary styles and functionality, make the property move-in ready with no immediate updates required, fitting the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Significant Financial Incentive: The property qualifies for a home loan grant of up to $20,000, offering a substantial financial benefit for buyers to reduce their mortgage rate.
Modern & Updated Interior: Features a beautifully updated open-concept kitchen with stunning cabinetry and quartz countertops, providing a contemporary and functional living space.
Enhanced Privacy & Space: As a corner unit with only one shared wall, it offers a townhome-like feel with increased privacy and spaciousness compared to typical condominiums.
Gated Community with Amenities: Located within a secure, gated community that includes a beautiful pool and spa, enhancing lifestyle and security for residents.
Prime Location & School District: Situated on a desirable tree-lined street within the highly-rated Torrance School District, benefiting from pleasant ocean breezes.

Cons

Substantial Monthly Association Fees: The $495 monthly association fee represents a significant ongoing cost for homeowners, impacting overall affordability.
Condominium Restrictions: While offering a townhome feel, its condominium status implies adherence to HOA rules and potential limitations on exterior property modifications.
Building Age: Constructed in 1980, the building is over four decades old, which could lead to future common area maintenance assessments or increased HOA fees.

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