1040 W 220th
Torrance, CA, 90502
$829,000
MLS: IV26072358
Beds
4
Baths
4
Sq Ft
1,894
Lot
0.12 ac
Year Built
1952
MLS #
IV26072358
Days on Market
7
Listed
Apr 8, 2026
Description
Rare opportunity in the South Bay. This 4-bedroom, 4-bathroom home offers nearly 1,900 square feet of living space and a layout that's genuinely hard to find at this price point in the area. With four full baths and generous bedroom count, the floorplan works equally well for larger families, multi-generational living, or anyone who simply wants room to spread out. Located in the 90502 zip code with easy access to the South Bay's freeways, employment corridors, and amenities, this is your chance to own significantly more home than the market typically offers at this price. Priced to move, opportunities like this don't last.
Location
Torrance, Los Angeles County, CA 90502
Open on Google Maps ↗Listed by: KENNETH KEITHLY · KEITHLY CAPITAL ADVISORS, INC
Payment estimate
$6,059
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,900 · Loan: $746,100
- Principal & Interest
- $4,584
- Property tax (1.25%)
- $864
- Homeowners insurance
- $300
- Mortgage insurance
- $311
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 $29,015 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
See Torrance, CA 90502 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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