1503 W 224th
Torrance, CA, 90501
$719,999
MLS: SB26064561
Beds
2
Baths
1
Sq Ft
794
Lot
0.11 ac
Year Built
1953
MLS #
SB26064561
Days on Market
23
Listed
Mar 25, 2026
Description
Beautiful corner property !!!! This Charming home features 2 bedrooms and 1 bathdroom, offering a great opportunity for first-time buyers, investors or those looking to expand. Situaded on a corner lot, the property provides privacy and excellent potencial. It includes a detached double car garage with great ADU potential making it ideal for additional income or extended family living. Zoned LARD2 opens the door to future development possibilities. Near freeways & shopping centers. DON'T MISS THIS INCREDIBLE OPPORTUNITY !!!
Location
Torrance, Los Angeles County, CA 90501
Open on Google Maps ↗Listed by: Irma Padilla · KP Realty & Associates
Payment estimate
$5,301
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,000 · Loan: $647,999
- Principal & Interest
- $3,981
- Property tax (1.25%)
- $750
- Homeowners insurance
- $300
- Mortgage insurance
- $270
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 $25,200 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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