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2742 Cabrillo Avenue 201, Torrance, California 90501, Torrance, 90501 - 2 bed, 2 bath

2742 Cabrillo Avenue 201, Torrance, California 90501 home-pic-0
ACTIVE$599,000
2742 Cabrillo Avenue 201, Torrance, California 90501
2Beds
2Baths
1,040Sqft
33,059Lot
Year Built
2006
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$576
HOA
$400
Days on market
-
Sold On
-
MLS number
OC25103297
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $599.0K(86th), sqft - 1040(71th), beds - 2(57th), baths - 2(57th).

Your Ideal 55+ Lifestyle in Prime Torrance. Presenting a wonderful opportunity to own a stylish 2-bedroom, 2-bathroom condominium in the esteemed Meridian at Cabrillo. Enjoying a prime corner unit location on the desirable second floor, this residence offers a comfortable and well-appointed living space with picturesque views extending towards Palos Verdes and a tranquil ambiance, pleasantly quiet from the street. Beyond the inviting interiors, The Meridian at Cabrillo offers a rich array of amenities designed for an active and social lifestyle. Stroll through the beautifully landscaped grounds, relax by the soothing fountains, socialize in the spacious community room, or stay active in the fitness center. The location is truly exceptional, placing you moments away from the scenic coastline of Palos Verdes and Redondo Beach, an array of culinary delights, diverse shopping destinations, and picturesque parks. Secure gated parking and elevator access add to the ease of living. Discover the perfect blend of comfort, convenience, and community at The Meridian at Cabrillo.

Nearby schools

5/10
Torrance Elementary School
Public,•K-5•0.4mi
6/10
Fern Elementary School
Public,•K-5•1.4mi
5/10
J. H. Hull Middle School
Public,•6-8•0.3mi
6/10
Madrona Middle School
Public,•6-8•2.0mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•0.5mi
8/10
Torrance High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
09/25/07
Sold
$445,000
Condition Rating
Good
The property was built in 2006, making it 18 years old, which aligns with the 'Good' condition category. The visible interior spaces, including the bathrooms, appear clean and well-maintained with minimal wear and tear. While the bathroom fixtures, cabinetry, and lighting reflect the original 2006 construction style and are not modern, they are functional and do not require immediate renovation. The overall property is move-in ready, and major systems are likely within their expected lifespan. The absence of kitchen images prevents a full assessment of that area, but based on the rest of the unit, it's likely in a similar well-maintained but not recently updated state.
Pros & Cons

Pros

55+ Community & Amenities: Designed for an active and social 55+ lifestyle, the community offers a rich array of amenities including landscaped grounds, fountains, a spacious community room, and a fitness center.
Prime Location: Exceptional location in Central Torrance, moments away from the scenic coastline of Palos Verdes and Redondo Beach, diverse shopping, culinary delights, and picturesque parks.
Modern Construction & Corner Unit: Built in 2006, this relatively new condominium is a desirable corner unit on the second floor, offering more natural light and a tranquil ambiance away from street noise.
Security & Accessibility: Enhanced convenience and safety are provided by secure gated parking and elevator access, appealing to residents seeking ease of living.
Picturesque Views: The residence boasts picturesque views extending towards Palos Verdes and city lights, adding to its aesthetic appeal and living experience.

Cons

Age Restriction (55+): The property's 55+ community restriction significantly limits the potential buyer pool, which can impact market demand and resale velocity.
High Association Fees: A monthly association fee of $400 adds a substantial recurring cost to homeownership, which may be a deterrent for some buyers.
Limited Private Outdoor Space: While the community offers shared landscaped grounds, the description does not indicate a private balcony or patio for the unit, a feature often desired in condominium living.

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