1018 W 223rd Street 4
Torrance, CA, 90502
$1,141,990
MLS: PW26052225
Beds
4
Baths
4
Sq Ft
2,330
Lot
—
Year Built
2026
MLS #
PW26052225
Days on Market
43
Listed
Mar 10, 2026
Description
NEW CONSTRUCTION 4 bed, 3.5 bath, three-story townhome with sky deck at the GATED community, "Welkin 223". North-south orientation. Gourmet kitchen with energy-efficient stainless steel electric range with hood + dishwasher, and designer cabinets. Upgraded laminate flooring throughout the home. Large primary suite with walk-in closet, balcony, and ensuite bathroom featuring an oversized glass shower and stand-alone tub. Welkin 223 is conveniently located near the 110 and 405 Freeways, providing quick access to neighboring cities, major employment centers, the beach, and beyond. The home is currently under construction and is expected to be complete in May 2026. Photos are of the model, not the actual home being sold.
Location
Torrance, Los Angeles County, CA 90502
Open on Google Maps ↗Listed by: Christopher Gray · Gray Realty Advisors
Payment estimate
$8,233
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $114,199 · Loan: $1,027,791
- Principal & Interest
- $6,315
- Property tax (1.25%)
- $1,190
- Homeowners insurance
- $300
- Mortgage insurance
- $428
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Torrance home with as little as 3.5% down using an FHA loan — roughly $39,970 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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