803 W 232nd Street C, Torrance, California 90502, Torrance, 90502 - 3 bed, 2 bath
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Torrance, California 90502
This Spacious 3-Bedroom Condominium represents a Strong Value Opportunity, listed at $515,000—matching its $515,000 Fair Market Value. Featuring a rare three assigned parking spaces and a functional 1,108 sqft layout, the property offers significant utility in a gated community. While currently holding a Condition Rating of 4 due to outdated finishes and popcorn ceilings, the unit provides a clear path for forced appreciation through cosmetic updates. Located near major South Bay freeways with access to two community pools, it is perfectly suited for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors targeting stable rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 W 232nd Street C Subject | $465,000* List Price | 3 | 2 | 1,108 | $420 | - |
A 1229 W 223rd Street 113 Sold | $505,000 | 2 | 2 | 935 | $540 | 0.9 mi |
B 806 Coriander C Active | $400,000 List Price | 2 | 2 | 829 | $483 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1973, is in livable condition but shows significant signs of being outdated. While the living area has been updated with laminate flooring, the kitchen and bathrooms feature older cabinetry, dated fixtures, and mixed-age appliances. The presence of popcorn ceilings and the overall interior styling indicate that while the home has been maintained, it has not undergone a comprehensive modern renovation in recent years.
The property includes three assigned parking spaces, which is a rare and highly desirable feature for a three-bedroom condominium in this region.
Residents enjoy a secure, gated environment with access to premium amenities including two swimming pools, recreation areas, and a playground.
The unit is ideally positioned near the 110 and 405 freeways, offering excellent connectivity to South Bay cities, shopping, and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =313311, other record lot size in square feet = 313210.
The lack of in-unit laundry hookups requires the use of a community facility, which may be a significant inconvenience for some buyers.
As an upper-level unit situated directly above the parking area, the property may experience increased noise and vibration from vehicle traffic.
Welcome to this 3 bedroom, 2 bathroom condominium located in the gated Mariners Park community in Torrance. The upper level unit is situated above the parking area and offers approximately 1,108 square feet of well designed living space. The home features a spacious living room and a kitchen with a counter bar for casual dining that opens to the living area. All three bedrooms are well sized, offering a functional and comfortable layout.Additional features include central heating and three assigned parking spaces. The Mariners Park community offers professionally managed grounds with amenities including two swimming pools, recreation areas, a playground, and a community laundry facility. Conveniently located near the 110 and 405 freeways, with easy access to shopping, dining, parks, schools, and surrounding South Bay cities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,108 | 935 | 68% |
| Lot Size | 313,311 | 211,105 | 95% |
| Price | $465.0K | $480.0K | 42% |
| Price per sq ft | $420 | $548 | 5% |
| Built year | 1973 | 1978 | 42% |
| HOA | $484.36 | $396 | 95% |
| Days on market | 113 | 184 | 37% |
Apr 14, 2026
$465,000
$515,000
-10% Price Drop
Initial Listing
Mar 25, 2026
$515,000
$549,000
-6% Price Drop
Initial Listing
Mar 5, 2026
$549,000
$579,000
-5% Price Drop
Initial Listing
Feb 15, 2026
$579,000
$609,000
-5% Price Drop
Initial Listing
Jan 22, 2026
$609,000
$649,000
-6% Price Drop
Initial Listing
Dec 30, 2025
$649,000
Initial Listing
Jul 14, 2011
$185,000
Public Record
Jul 21, 2005
$375,000
Public Record
Feb 6, 2004
$257,500
Public Record
Apr 9, 2001
$129,000
Public Record