ActiveCondominium

22875 Nadine B

Torrance, CA, 90505

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$555,000

MLS: SB25262557

Beds

2

Baths

2

Sq Ft

1,117

Lot

7.49 ac

Year Built

1963

MLS #

SB25262557

Days on Market

132

Listed

Nov 19, 2025

Description

Great 2 bedroom 2 bath (1+3/4) upper condo with "lots of light" in the desire able New Horizons 55 plus community - convenient seat ride on stairwell to use so you don't have to walk up or down the stairs - first there is a front porch where you could watch the sunsets - step inside your new home on wood floors and see the the comfortable living room with a brick fireplace - plus a balcony with room for a table and chairs - great spot to relax. read a book and enjoy a glass of wine or an ice tea - remodeled kitchen with granite counters, stainless dishwasher and oven, lots of cabinets, recessed lighting and a breakfast counter - adjacent dining area on wood floors with a chandler for those formal meals - one bedroom with mirror closet doors - spacious primary bedroom with private balcony and bath - plus two closets with mirror closet doors and sitting desk - all electric like all units in this wonderful senior community - shutters + drapes + newer interior doors + vinyl windows + mirror closet doors - one assigned garage space - community club house, tennis courts, pool, spa, club house and 9 hole golf course (which you won't find in newer senior communities) - convenient to medical, shopping, restaurants, parks, the theaters, 15 to 20 minutes to the beach and reasonable freeway access - great opportunity to get in the highly desire able senior community - what are you waiting for?

Location

Torrance, Los Angeles County, CA 90505

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Listed by: Raymond Millman · Compass

Payment estimate

$4,155

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,500 · Loan: $499,500

%
Principal & Interest
$3,069
Property tax (1.25%)
$578
Homeowners insurance
$300
Mortgage insurance
$208
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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 $19,425 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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