946 W 220th, Torrance, California 90502, Torrance, 90502 - 3 bed, 2 bath
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Torrance, California 90502
This 3-bedroom condominium is a Strong Value Opportunity, listed at $625,000—positioned well below the $686,249 Fair Market Value by 8%. This valuation gap offers $61,249 in Instant Equity for the buyer. Featuring a Good Condition Rating with recent cosmetic updates and a rare 2-car garage, the home provides immediate move-in readiness. While located in the LAUSD, its central South Bay location offers significant convenience. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a functional, upgraded space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 946 W 220th Subject | $625,000* List Price | 3 | 2 | 1,332 | $509 | - |
A 21854 Vermont Avenue S 8 Sold | $550,000 | 3 | 2 | 1,071 | $514 | 0.2 mi |
B 1126 W 228th Sold | $685,000 | 3 | 3 | 1,362 | $503 | 0.7 mi |
C 1136 Gian Drive Sold | $645,000 | 2 | 2 | 1,176 | $548 | 0.5 mi |
D 22919 Mariposa Avenue 307 Sold | $665,000 | 2 | 3 | 1,180 | $564 | 0.7 mi |
E 946 W 220th Street 216 Active | $619,000 List Price | 3 | 2 | 1,332 | $465 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981, the property has received very recent cosmetic updates (less than 1-2 years old) including new carpet, fresh interior paint, and brand-new kitchen appliances. While some original elements like the kitchen cabinetry and popcorn ceilings remain, the updated bathroom vanity and overall move-in ready status meet the 'Good' criteria.
The property features significant recent improvements, including new carpet, fresh interior paint, and updated kitchen appliances, offering immediate occupancy without the need for initial renovations.
A standout feature for a condominium, the private 2-car garage provides highly sought-after secure parking and substantial additional storage space.
With 3 bedrooms and over 1,300 square feet of living space, the open-concept floor plan provides a generous and functional flow rarely found at this price point in the South Bay.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1332, other record living area = 1273. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $506.30 is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for budget-conscious buyers.
Although the property carries a Torrance mailing address, it is located within the Los Angeles Unified School District, which may be a drawback for buyers specifically seeking the Torrance Unified School District.
Updated 3-bedroom, 2-bath condo in the desirable South Bay, located in the Harbor Gateway area of Los Angeles with a Torrance mailing address. This move-in ready home features new carpet, fresh interior paint, and a kitchen with a new gas range (2025) and new microwave (2026). The bright, open-concept style living and dining area offers great flow and natural light, while the well-positioned kitchen provides both connection and functionality. The primary suite includes a private bath, with two additional bedrooms offering flexible living space. A standout feature is the rare 2-car garage for secure parking and extra storage. Conveniently located near shopping, dining, major freeways, and South Bay beaches. Great opportunity for buyers seeking value, space, and upgrades in a central location. Easy to show—contact directly to schedule a tour.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,332 | 951.5 | 86% |
| Lot Size | 77,750 | 224,033 | 41% |
| Price | $625.0K | $490.0K | 77% |
| Price per sq ft | $469 | $548 | 14% |
| Built year | 1981 | 1982 | 45% |
| HOA | $506.3 | $403 | 95% |
| Days on market | 0 | 130 | 5% |
Apr 27, 2026
$625,000
Initial Listing