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2740 Gramercy Avenue 12, Torrance, California 90501, Torrance, 90501 - 3 bed, 2 bath

2740 Gramercy Avenue 12, Torrance, California 90501 home-pic-0
ACTIVE$775,000
2740 Gramercy Avenue 12, Torrance, California 90501
3Beds
2Baths
1,204Sqft
29,123Lot
Year Built
1986
Close
-
List price
$775K
Original List price
$780K
Price/Sqft
$644
HOA
$516
Days on market
-
Sold On
-
MLS number
SB25168351
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $775.0K(86th), sqft - 1204(86th), beds - 3(86th), baths - 2(57th).

PRICE IMPROVEMENT! Well-kept gated community with a new roof installed just last year. Welcome to the Cute Chic Condo, a delightful and move-in-ready gem that's perfect for first-time buyers, young professionals, or anyone seeking a cozy urban retreat. This pristine 3-bedroom, 1.75-bath condo features a unique loft conversion that adds a fun, versatile space for an office, guest room, or creative nook. The updated kitchen boasts modern appliances and ample storage, seamlessly flowing into a bright, open-concept living area that's ideal for entertaining or relaxing. Enjoy the comfort of a full bath and a convenient three-quarter bath, all wrapped in a warm, inviting ambiance. Located on a peaceful, quiet street within a secure gated community, you'll have access to fantastic amenities like a sparkling pool and relaxing spa. The neighborhood is family-friendly, with top-rated schools just a short distance away, and it's conveniently close to parks, shops, and dining options. Plus, being near Wilson Park means you can easily stroll to the twice-weekly farmer's market for fresh local goods. With its blend of comfort, convenience, and community perks, this condo is priced to sell and won't last long. Schedule a viewing today and make this charming haven your new home! Contact us now for more details.

Nearby schools

5/10
Torrance Elementary School
Public,•K-5•0.2mi
6/10
Fern Elementary School
Public,•K-5•1.3mi
5/10
J. H. Hull Middle School
Public,•6-8•0.3mi
6/10
Madrona Middle School
Public,•6-8•1.9mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•0.4mi
8/10
Torrance High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
09/05/25
Price Change
$775,000-0.6%
07/31/25
$780,000
07/06/18
Sold
$589,000
03/21/17
Sold
$528,000
08/03/11
Sold
$307,000
02/09/06
Sold
$500,000
04/28/03
Sold
$319,000
Condition Rating
Good
The property, built in 1986, is presented as move-in ready with notable updates. The kitchen features modern stainless steel appliances, contemporary blue/white cabinetry, light countertops, and a subway tile backsplash, indicating a recent renovation. One bathroom shower is also updated with modern tiling and a glass enclosure. While one bathroom vanity and light fixture appear older, the overall condition is well-maintained with hardwood/laminate flooring throughout the main living areas and bedrooms. The community also benefits from a new roof installed last year, contributing to the property's good standing.
Pros & Cons

Pros

Secure Gated Community & Amenities: The property is located within a well-kept gated community offering security and desirable amenities such as a sparkling pool and relaxing spa.
Move-in Ready with Updated Kitchen: This condo is described as a 'move-in-ready gem' with an updated kitchen featuring modern appliances and ample storage, reducing immediate buyer expenses.
Versatile Loft Space: The unique loft conversion provides a flexible space ideal for an office, guest room, or creative nook, adding functional value to the home.
Prime Location & Community Perks: Situated on a peaceful street, it boasts proximity to top-rated schools, parks (including Wilson Park with a farmer's market), shops, and dining options.
Recent Community Upgrade: A new roof was installed just last year for the community, indicating proactive maintenance and reducing potential future major assessment concerns for residents.

Cons

High Monthly HOA Fees: The association fee of $516.0 per month is a significant ongoing cost that adds to the total cost of homeownership and may impact affordability for some buyers.
Condo Living Constraints: As a condominium, the property likely involves shared walls, potentially limited private outdoor space, and adherence to HOA rules and regulations, which may not appeal to all buyers.
Loft Conversion Privacy: While versatile, the loft conversion may offer less privacy compared to a traditional, fully enclosed third bedroom, which could be a drawback for families or those requiring distinct private spaces.

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