
Torrance, California 90501
This Top-Floor 55+ Senior Residence is a Strong Value Opportunity, listed at $579,000—positioned well below the $642,769 Fair Market Value by 9%. This valuation gap offers $63,769 in Instant Equity for buyers. Maintaining a Well-Maintained Condition Rating, the home features Granite Countertops, a private balcony, and the convenience of in-unit laundry. Situated in Old Torrance near Wilson Park and the 8-rated Torrance High School, this property balances financial upside with a vibrant community lifestyle. It is an ideal fit for active seniors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2742 Cabrillo Avenue 212 Subject | $579,000* List Price | 2 | 2 | 1,050 | $612 | - |
A 2742 Cabrillo Avenue 312 Sold | $511,015 | 2 | 2 | 1,050 | $487 | 0.0 mi |
B 2349 Jefferson Street 313 Sold | $745,000 | 2 | 2 | 1,090 | $683 | 0.8 mi |
C 2367 Jefferson 112 Sold | $500,000 | 2 | 1 | 856 | $584 | 0.9 mi |
D 1444 W 227th Street 2 Sold | $475,000 | 2 | 2 | 1,097 | $433 | 0.7 mi |
E 2720 Gramercy Avenue 5 Active | $739,000 List Price | 2 | 3 | 1,184 | $624 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is in well-maintained, move-in-ready condition. The kitchen features granite countertops, an island, and functional black appliances that appear original to the build. The bathrooms are clean with double vanities and tile countertops. While the cabinetry and fixtures reflect the styles of the mid-2000s rather than a recent modern renovation, the overall quality is high with no visible deferred maintenance, featuring plantation shutters and consistent wood-look flooring throughout.
Being a top-floor unit, this home offers a bright and airy living environment with no neighbors above, ensuring maximum privacy and natural light.
Built in 2006 and exceptionally well-maintained, the property features modern conveniences including in-unit laundry, two parking spaces, and a dedicated storage unit.
The property is ideally situated near Wilson Park, Del Amo Fashion Center, and Redondo Beach Pier, providing residents with easy access to top-tier shopping, dining, and recreation.
As a 55+ senior living unit, the potential buyer pool is significantly restricted, which may impact future resale speed and market reach.
The $420 monthly association fee adds a notable recurring cost to the ownership budget, which is a critical consideration for those on a fixed retirement income.
This is the 55+ unit you’ve been waiting for. This bright and airy unit features 2 bedrooms, 2 bathrooms, two parking spaces, and an in-unit washer and dryer. The home is exceptionally clean and well-maintained. Complex amenities include a workout room, assigned storage unit, greenbelt, guest parking, and a community area. This is a wonderful opportunity to join a vibrant community in a central Torrance location. You are just minutes away from Wilson Park, Del Amo Fashion Center, Redondo Beach Pier, local markets, dining, and public transportation. Enjoy the best of South Bay living in a peaceful, well-kept community designed for comfort and convenience.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.3 mi
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 | 1,050 | 974 | 53% |
| Lot Size | 33,059 | 21,610 | 53% |
| Price | $579.0K | $579.0K | 50% |
| Price per sq ft | $551 | $584 | 40% |
| Built year | 2006 | 1993 | 53% |
| HOA | $420.0 | $350 | 60% |
| Days on market | 7 | 141 | 7% |
Apr 15, 2026
$579,000
Initial Listing
Mar 27, 2024
$567,000
Public Record
Mar 15, 2007
$435,000
Public Record