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2720 Gramercy Avenue, 5, Torrance, CA 90501

$699K2bd · 3ba · 1,184 sqft
Lot 29,123 sqft•HOA $516/mo•Condominium•
Active
•126d on market•MLS# PV-26126853

Property Description

PRIVATE 2-CAR GARAGE • INTERIOR LAUNDRY • GAS RANGE • FHA APPROVED! These are just a few of the features that make this beautifully remodeled townhome a rare find in the heart of Torrance. Nestled in an intimate community of only 18 homes, this move-in ready residence offers 2 spacious ensuite bedrooms, 3 bathrooms, and the comfort, privacy, and convenience today's buyers are looking for. Extensively remodeled in 2025, the home features fresh designer paint in soothing neutral tones, new carpet, updated bathroom hardware, stylish ceiling fans with integrated lighting, and an inviting, light-filled interior. Mature trees outside create a peaceful setting while welcoming refreshing coastal breezes throughout the home. The spacious primary suite includes a charming alcove—perfect for a home office, reading nook, yoga space, or quiet retreat. A convenient guest bath is located on the main level. The private two-car garage with additional storage, interior laundry, and gas range are amenities rarely found together and offer everyday convenience that truly sets this home apart. Residents enjoy a sparkling pool and spa, mature landscaping, and a welcoming community with many long-term homeowners. Ideally located adjacent to a neighborhood park and just minutes from historic Old Torrance, the popular Farmers Market, restaurants, shopping, and entertainment. Outstanding Added Value! The HOA has retained professional management and is actively completing significant community improvements, including exterior stucco repairs, fascia replacement, landscaping enhancements, tree trimming, patio improvements, and pool upgrades. The seller has paid the special assessment in full, allowing the next owner to enjoy the benefits of these community improvements without that additional cost. This is a wonderful opportunity to own a beautifully updated home in an established neighborhood where the community is being thoughtfully revitalized.

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Fireplace(s), Forced Air
Cooling
None
View
Park/Greenbelt
Flooring
Carpet, Laminate
City
Torrance
Zip Code
90501
County
Los Angeles
Listed byKanso Realty, Pamela Hayes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2720 Gramercy Avenue, 5, Torrance, CA 90501

Torrance · Condominium

$699K
Affordable Tier
Beds
2
Baths
3
Sqft
1,184
Lot
29,123 sqft
Year
1986
$/Sqft
$590
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt✓
Garage: 2-car✓

Listed 6.2% below the median closed sale of $745,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $699K· $590/sqft
Total list price
Closed comps
vs closed median $745K
−$46K (−6.2%)
Active comps
vs active median $549K
+$150K (+27.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $575
+$15 (+2.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2317 AppleTorrance2013231,26014,813$642$809,0009681
22232 Vermont AvenueTorrance198522961181,676$519$499,0007280
21846 S Vermont AveTorrance19982294419,269$529$499,00010079
22224 Vermont AvenueTorrance1985221,120181,676$490$549,00012979
23930 Los CodonaTorrance1970221,00447,037$696$699,0007278
Total: 5 · Average2.02.21,057.888,894.2$575.2$611,00093.8
Median1,004$549,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2559 Plaza Del AmoTorrance198409/17/2026221,303129,250$745,000$750,000$5761.014183
22728 Nadine CircleTorrance196308/21/2026221,1170$729,000$745,000$6671.022882
22238 Vermont Ave 102 DTorrance198508/24/2026321,219181,676$605,000$605,000$4961.005381
3520 MaricopaTorrance197509/08/2026231,47548,347$859,000$850,000$5760.992981
23930 Los Codona AvenueTorrance197009/30/2026221,01247,026$619,000$610,000$6030.985279
Total: 5 · Average2.22.21,225.2101,574.75$712,000$712,000$583.6—40.6
Median1,219$745,000$745,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.