
Torrance, California 90501
This 55+ Senior Living Condominium is a Stable Lifestyle Opportunity, listed at a $549,000 List Price that aligns perfectly with its $549,000 Fair Market Value. Featuring a Condition Rating of 3, this move-in ready unit offers a bright, airy layout with Granite Kitchen Countertops, in-unit laundry, and a private patio. Located in a central Torrance community, residents enjoy proximity to Wilson Park and top-tier shopping. This well-maintained property is an ideal sanctuary for Active Seniors or Downsizing Retirees seeking comfort and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2742 Cabrillo Avenue 212 Subject | $549,000* List Price | 2 | 2 | 1,050 | $523 | - |
A 2742 Cabrillo Sold | $410,000 | 1 | 1 | 670 | $612 | - |
B 2720 Gramercy Avenue 5 Active | $699,000 List Price | 2 | 3 | 1,184 | $590 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket for 'Good' condition. The kitchen and bathrooms are functional with granite countertops and stainless steel appliances that appear well-maintained. The unit is move-in ready with no visible deferred maintenance or immediate repair needs.
Built in 2006, this exceptionally clean unit features a desirable 2-bedroom, 2-bathroom layout with the convenience of in-unit laundry and two dedicated parking spaces.
The property is ideally situated minutes from Wilson Park, Del Amo Fashion Center, and Redondo Beach Pier, offering residents easy access to top-tier shopping, dining, and recreation.
The complex enhances the living experience with a workout room, assigned storage unit, guest parking, and a community area, providing excellent value for the association fee.
As a 55+ senior living unit, the property has a limited pool of potential buyers, which naturally restricts market demand compared to all-age residential units.
With 143 days on market and multiple price reductions from the original list price, the property has struggled to gain traction, suggesting a potential disconnect with current market expectations.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,050 | 1,094.366 |
| Lot Size | 33,059 | 178,924.561 |
| Price | $549.0K | $606.4K |
| Price per sq ft | $523 | $576 |
| Built year | 2006 | 1982 |
| HOA | $420.0 | $542 |
| Days on market | 147 | 66 |
Aug 6, 2026
$549,000
$564,000
-3% Price Drop
Initial Listing
Jul 9, 2026
$564,000
$579,000
-3% Price Drop
Initial Listing
Apr 15, 2026
$579,000
Initial Listing
Mar 27, 2024
$567,000
Public Record
Mar 15, 2007
$435,000
Public Record