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2123 Shelburne Way 29, Torrance, California 90503, Torrance, 90503 - 3 bed, 3 bath

2123 Shelburne Way 29, Torrance, California 90503 home-pic-0
ACTIVE$1,498,000
2123 Shelburne Way 29, Torrance, California 90503
3Beds
3Baths
2,534Sqft
192,018Lot
Year Built
1987
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$591
HOA
$410
Days on market
-
Sold On
-
MLS number
SB25095868
Home ConditionGood
Features
Patio
ViewNeighborhood, Pool

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.50M(62th), sqft - 2534(91th), beds - 3(50th), baths - 3(69th).

BACK ON MARKET ... WELCOME TO THE DESIRED GATED COMMUNITY OF "SOUTH BAYPORT". This beautiful home has the largest floor plan in the South Bayport Community with approximately 2,534 sq. ft. of living space featuring 3 bedrooms (with an optional 4th bedroom) and 2.5 bathrooms. Enter the home through the double door entry with high ceilings, a sunken living room, formal dining room, family room with a gas fireplace, powder room and updated kitchen with the refrigerator, oven, microwave, washer and dryer all purchased in 2024 and garbage disposal purchased in 2025. Also included is central A/C and heating, tankless water heater, plantation shutters, crown molding, ceiling fans, recessed lighting and 2 skylights to keep the home bright with natural light. Upstairs you will find a fireplace in the retreat area of the primary bedroom suite as well as 2 walk-in closets and an updated bathroom with a vanity. The second bathroom upstairs includes double sinks. The laundry room is adjacent to the 2 car garage with direct access into the home and includes a second refrigerator, plenty of storage and a built-in ladder. The roof was redone in 2017. Wonderful amenities in the community include a pool, 2 spas, outdoor showers, club house, playground and picnic area. Close to award-winning schools, restaurants, shopping, Del Amo Mall Fashion Center, parks and farmer's market. Don't let this one get away!

Price History

Date
Event
Price
09/06/02
Sold
$525,000
Condition Rating
Good
While built in 1987, this property has undergone significant and recent updates that elevate its condition. The kitchen features brand new appliances purchased in 2024/2025 and is described as 'updated,' suggesting refreshed cabinetry and countertops. The primary bathroom also boasts an 'updated vanity.' Key systems like the roof (redone in 2017) and water heater (tankless) are relatively new. The presence of central A/C, heating, recessed lighting, crown molding, and plantation shutters further indicates a well-maintained and move-in ready home with modern comforts. The overall impression from the description and assumed image quality is that the property is functional, aesthetically pleasing, and requires no immediate renovations, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 192018, living area = 2534.
Largest Floor Plan & Flexible Layout: This home boasts the largest floor plan in the South Bayport Community, offering approximately 2,534 sq. ft. of living space with 3 bedrooms and an optional 4th bedroom, providing ample room and versatility.
Extensive Community Amenities: The desired gated community of South Bayport offers a wealth of amenities including a pool, 2 spas, outdoor showers, a clubhouse, playground, and picnic area, enhancing lifestyle and property value.
Updated & Modern Interior Features: The property features an updated kitchen with new appliances (refrigerator, oven, microwave, washer, dryer purchased in 2024/2025), central A/C and heating, a tankless water heater, plantation shutters, crown molding, recessed lighting, and skylights for natural light.
Prime Location & School District: Strategically located close to award-winning schools, diverse restaurants, shopping centers including Del Amo Fashion Center, parks, and a farmer's market, offering convenience and desirability.
Gated Community & Recent Roof: Located within a secure and desired gated community, the property also benefits from a roof that was redone in 2017, reducing immediate maintenance concerns for a buyer.

Cons

Potential Overpricing: The current listing price of $1.498M is significantly higher than the estimated property value of $1.266M and a comparable unit in the same community listed at $1.38M, which may impact market appeal and time on market.
High Monthly Association Fees: A monthly association fee of $410 adds a substantial recurring cost to homeownership, which could be a consideration for budget-conscious buyers.
Aging Infrastructure (Partial): Built in 1987, while some updates are noted (kitchen, roof, tankless water heater), the property's age suggests that other major systems (e.g., original plumbing, electrical, windows) may require future attention or upgrades, unlike a comparable unit that explicitly mentions new plumbing rerouting.

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