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2742 Cabrillo Avenue 312, Torrance, California 90501, Torrance, 90501 - 2 bed, 2 bath

2742 Cabrillo Avenue 312, Torrance, California 90501 home-pic-0
ACTIVE UNDER CONTRACT$525,000
2742 Cabrillo Avenue 312, Torrance, California 90501
2Beds
2Baths
1,050Sqft
33,059Lot
Year Built
2006
Close
-
List price
$525K
Original List price
$567K
Price/Sqft
$500
HOA
$350
Days on market
-
Sold On
-
MLS number
PW25089096
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $525.0K(71th), sqft - 1050(71th), beds - 2(57th), baths - 2(57th).

Fantastic purchase opportunity on this top floor 2 br 2 ba unit in the 55+ community of "The Meridian at Cabrillo". Located on the 3rd floor (no unit above) of this gated complex in the heart of Torrance. 2 side by side assigned carport spaces and elevator in the complex. Bright and spacious unit with tile entry, spacious living area with view balcony, bright kitchen with granite center island & recessed lights, 2 primary bedrooms, dual sink vanity and walk-in closet, mirrored closet doors in second bedroom, neutral tile works in the bathrooms, stackable inside laundry closet with washer and dryer included, and sliding glass doors leading to balcony with views of the city, rooftops and trees. HOA amenities include recreation/ meeting room, gym/exercise room and sitting areas in the common courtyard. Don't miss out!

Nearby schools

5/10
Torrance Elementary School
Public,•K-5•0.4mi
6/10
Fern Elementary School
Public,•K-5•1.4mi
5/10
J. H. Hull Middle School
Public,•6-8•0.3mi
6/10
Madrona Middle School
Public,•6-8•2.0mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•0.5mi
8/10
Torrance High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
09/01/25
Price Change
$525,000
04/23/25
Listing
$567,000
02/13/08
Sold
$440,000
Condition Rating
Good
Built in 2006, this property is 18 years old, falling within the 'Good' category's age range. The unit appears move-in ready with no immediate renovations required. The kitchen features granite countertops, recessed lighting, and black appliances, which are functional and well-maintained, though the light wood cabinets and black appliances reflect an early 2000s aesthetic rather than a modern one. Bathrooms have neutral tile work and functional fixtures, but the vanity and tile styles are also somewhat dated. Overall, the property is clean, well-maintained, and all major systems appear functional, aligning with the 'Good' score criteria for minimal wear and tear and expected lifespan, despite some outdated stylistic elements.
Pros & Cons

Pros

Exclusive 55+ Community & Amenities: The property is situated within 'The Meridian at Cabrillo,' a desirable 55+ community offering a recreation/meeting room, gym, and common courtyard, catering to a specific demographic seeking active adult living.
Top Floor Unit with Views & Privacy: As a top-floor unit (3rd floor with no unit above), it provides enhanced privacy, reduced noise, and features a balcony with city, rooftop, and tree views.
Modern Interior Features & In-Unit Laundry: The unit boasts a bright kitchen with a granite center island, two primary bedrooms with dual sink vanities and walk-in closets, and convenient in-unit stackable laundry with included washer and dryer.
Secure & Accessible Complex: Located in a gated complex in the heart of Torrance, the property offers security, elevator access, and two side-by-side assigned carport spaces, enhancing convenience and accessibility.
Newer Construction (2006): Built in 2006, the property benefits from more modern construction standards and potentially fewer immediate maintenance concerns compared to older units.

Cons

Age-Restricted Community (55+): The 55+ age restriction significantly limits the potential buyer pool, narrowing the market appeal and potentially affecting resale velocity or value.
Monthly HOA Dues: The $350 monthly association fee represents a recurring cost that buyers must factor into their budget, which can be a deterrent for some.
Recent Price Reduction: The property has undergone a price reduction from $567,000 to $525,000, which may indicate an initial overpricing or a need to attract more buyer interest.

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