ActiveSingleFamilyResidence

1524 W 223rd

Torrance, CA, 90501

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$780,000

MLS: PV26081601

Beds

3

Baths

2

Sq Ft

1,152

Lot

0.15 ac

Year Built

1947

MLS #

PV26081601

Days on Market

7

Listed

Apr 15, 2026

Description

Looking for a large lot with potential to add value? This property has a huge backyard with room for an ADU and a Junior ADU. The front house requires work. It has a nice floor plan with 3 bedrooms and 2 full bathrooms. The home is on a large lot in Torrance P.O. Nice-sized living room, separate from the dining room. Newer flooring, newer windows. Two separate entrances besides the front door. Gated front yard with access to both sides of the home. Detached one-car garage with a long driveway. Close to the Torrance DMV, this property is located east of Western on 223rd.

Location

Torrance, Los Angeles County, CA 90501

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Listed by: Lynn Lord · Estate Properties

Payment estimate

$5,718

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $78,000 · Loan: $702,000

%
Principal & Interest
$4,313
Property tax (1.25%)
$813
Homeowners insurance
$300
Mortgage insurance
$293
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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 $27,300 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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