1024 W 220th
Torrance, CA, 90502
$690,000
MLS: IG26066093
Beds
3
Baths
1
Sq Ft
1,012
Lot
0.14 ac
Year Built
1952
MLS #
IG26066093
Days on Market
5
Listed
Apr 3, 2026
Description
Prime South Bay Investor Opportunity – Fixer Across from Harbor UCLA Medical Center Investor opportunity in a prime South Bay location! Located directly across from Harbor–UCLA Medical Center, this 3-bedroom, 1-bath home offers excellent potential for renovation or redevelopment. Situated on a 5,938 sq ft lot, the property features a functional floor plan and a spacious backyard with a large detached shed, providing additional flexibility for future use. The home is in original condition and will require repairs, making it well-suited for cash buyers, investors, or contractors seeking their next project. Carport parking in front and ample outdoor space add to the possibilities. Conveniently located near Torrance amenities, shopping, dining, and major freeways. Property sold strictly as-is. Cash offers only.
Location
Torrance, Los Angeles County, CA 90502
Open on Google Maps ↗Listed by: Stephanie Jo Janeshak · Keller Williams Realty
Payment estimate
$5,093
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,000 · Loan: $621,000
- Principal & Interest
- $3,816
- Property tax (1.25%)
- $719
- Homeowners insurance
- $300
- Mortgage insurance
- $259
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 $24,150 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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