2720 Gramercy Avenue 5, Torrance, California 90501, Torrance, 90501 - 2 bed, 3 bath

2720 Gramercy Avenue 5, Torrance, California 90501 home-pic-0
ACTIVE$765,000
2720 Gramercy Avenue 5, Torrance, California 90501
2Beds
3Baths
1,184Sqft
29,123Lot
Year Built
1986
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$646
HOA
$500
Days on market
-
Sold On
-
MLS number
PV25152030
Home ConditionGood
Features
Good View: Park/Greenbelt, Neighborhood
Pool
Spa
Patio
ViewPark/Greenbelt, Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $765.0K(86th), sqft - 1184(86th), beds - 2(57th), baths - 3(86th).

Nestled among Canary Island pine trees just a short walk to the park sets this beautifully renovated condominium. Sit on your oversized patio and watch the world go by while just inside the serenity of this corner unit rest and relaxation awaits. Grammercy East is a small, friendly, well maintained complex in a quiet area of southeast Torrance, close to all the shopping, entertainment and amenities, this vibrant city has to offer. Since the original owner, it has just been completely updated with new paint and carpet throughout. Each of the 3 bathrooms have been newly accented with modern hardware, new flooring, tub and shower renewal. New ceiling fans carry the modern approach throughout the home; literally no expense was spared to create a clean, modern, private space. The primary en-suite bedroom features a sunny nook for an office, sitting area or reading space. The second, spacious bedroom has a full bath adjacent. The kitchen has a newly replaced gas stove and dishwasher, with both an eating area and separate dining space with ‘pass thru’ to keep you connected to you family and friends while preparing a meal. The large living room has a gas fireplace with oversized windows overlooking a tranquil forest-like view. Interior washer and dryer hook-ups on second floor; no need to lug laundry to a community laundromat. Sitting below in the common area is a sparkling family pool to cool off on our hot CA days and spa to warm up when the nights get chilly. Subterranean, oversized garage will keep your vehicle clean and secure; plenty of room for storage as well. Conveniently located close to the 110, 405 and 91 freeways, your commute will be a breeze.

Nearby schools

5/10
Torrance Elementary School
Public,K-50.2mi
6/10
Fern Elementary School
Public,K-51.3mi
5/10
J. H. Hull Middle School
Public,6-80.3mi
6/10
Madrona Middle School
Public,6-81.9mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,9-120.4mi
8/10
Torrance High School
Public,9-120.8mi

Price History

Date
Event
Price
08/01/25
$765,000
Condition Rating
Good

This condominium, built in 1986, has undergone significant recent cosmetic renovations, including new paint, carpet, and flooring throughout. The bathrooms have been refreshed with modern hardware, new flooring, and tub/shower renewals, making them functional and aesthetically pleasing. The kitchen features newly replaced stainless steel gas stove and dishwasher, and new wood-look flooring, contributing to a move-in ready state. However, the original oak cabinets, tile countertops, and dated fluorescent lighting in the kitchen, along with the absence of central air conditioning (only ceiling fans mentioned), prevent it from achieving an 'Excellent' rating. Despite these elements, the extensive recent updates ensure the property is in a 'Good' condition, requiring no immediate major renovations.
Pros & Cons

Pros

Extensive Recent Renovations: The condominium has been beautifully and completely updated with new paint, carpet, modern bathroom accents, new flooring, tub/shower renewal, and new ceiling fans, offering a fresh and contemporary living space.
Prime Location & Accessibility: Nestled in a small, friendly, and well-maintained complex in a quiet area of southeast Torrance, it's a short walk to a park and conveniently located near major freeways (110, 405, 91) for easy commuting and access to amenities.
Private Outdoor Space & Tranquil Views: The property features an oversized patio and a large living room with oversized windows overlooking a tranquil forest-like view, providing a serene and private outdoor experience.
Community Pool & Spa: The complex offers a sparkling family pool and a spa in the common area, providing excellent recreational and relaxation opportunities for residents.
Secure & Oversized Subterranean Garage: An oversized subterranean garage ensures secure parking and offers plenty of additional room for storage, a valuable asset for condominium living.

Cons

Lack of Central Air Conditioning: The description mentions ceiling fans and a community pool for cooling, but does not indicate the presence of central air conditioning, which could be a significant comfort concern during hot California days.
High Monthly Association Fee: A monthly association fee of $500 represents a substantial recurring cost that buyers must factor into their budget, potentially impacting affordability.
Age of Building Structure: Despite recent renovations, the building was constructed in 1986, making the underlying infrastructure nearly 40 years old, which could lead to unforeseen maintenance or repair needs in the long term.

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