2940 W. Carson St 112, Torrance, California 90503, Torrance, 90503 - 2 bed, 2 bath
ACTIVE$575,000
2940 W. Carson St 112, Torrance, California 90503
2Beds
2Baths
1,011Sqft
Lot
Year Built
1962
Close
-
List price
$575K
Original List price
$599K
Price/Sqft
$569
HOA
$1,299.59
Days on market
-
Sold On
-
MLS number
SB25073262
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $575.0K(25th), sqft - 1011(33th), beds - 2(50th), baths - 2(50th).
Condo. Excellent Location within the complex. 2 good sized bedrooms and 2 bathrooms. Close to Madrona Reserves, Del Amo Mall and Wilson Park. 1st floor condo with gated parking and open floorplan. Enjoy newer floors and upgraded bathrooms. HOA dues include internet service.
Nearby schools
6/10
Fern Elementary School
Public,•K-5•0.5mi
8/10
Hickory Elementary School
Public,•K-5•0.8mi
6/10
Madrona Middle School
Public,•6-8•0.4mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•1.0mi
8/10
Torrance High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
07/26/18
Sold
$420,000
Condition Rating
Fair
Built in 1962, this condo shows its age despite some updates. While it features newer laminate flooring and fresh paint in living areas and bedrooms, the kitchen is significantly dated with older wood cabinets, countertops, and a built-in oven. The bathrooms have been 'upgraded' as per the description, but the tile and fixture styles appear to be 15-25 years old rather than recent, indicating an older renovation cycle. The property is functional and maintained but requires minor updates, especially in the kitchen, to meet current aesthetic standards.
Pros & Cons
Pros
Prime Location: The condo boasts an excellent location within the complex, offering convenient access to Madrona Reserves, Del Amo Mall, and Wilson Park, enhancing lifestyle and potential resale value.
Upgraded Interior: The unit features newer floors and upgraded bathrooms, providing a modern and move-in ready living space for prospective buyers.
Gated Parking: The inclusion of gated parking offers enhanced security and convenience, a significant advantage for condominium living.
HOA Includes Internet: HOA dues cover internet service, providing a direct cost saving and added convenience for residents.
First Floor & Open Floorplan: Being a first-floor unit with an open floorplan offers accessibility and a desirable spacious layout, appealing to a broad range of buyers.
Cons
Exorbitant HOA Dues: The monthly association fee of $1,299.59 is exceptionally high, significantly increasing the total cost of ownership and potentially deterring buyers.
Building Age: Constructed in 1962, the building is over 60 years old, which may lead to higher maintenance costs for common areas or less modern infrastructure despite interior unit upgrades.
Price Adjustment: The reduction from an original list price of $599,000 to $575,000 suggests the initial pricing may have been too aggressive or the property is facing market resistance, potentially indicating a longer time on market or a need for further price negotiation.