3030 Merrill Drive 7
Torrance, CA, 90503
$645,000
MLS: PW26059649
Beds
2
Baths
2
Sq Ft
1,240
Lot
3.58 ac
Year Built
1963
MLS #
PW26059649
Days on Market
20
Listed
Mar 20, 2026
Description
Don’t miss this 2-bedroom + den condo in the heart of Torrance — offering the flexibility of a 3rd bedroom or home office with approximately 1,240 sq ft of living space. The Den is virtually staged as a formal dining room, office or 3rd bedroom in the listing photos. This bright, single-level home features a spacious living area, private patio with garden, and a functional layout for everyday living. The primary suite includes its own bathroom, while the den provides valuable extra space rarely found in a 2 bedroom condo unit. Inside laundry, garage parking, dual-pane windows, and ample storage add to the home’s appeal. There is extra storage in the garage and an additional private storage room in the complex's designated storage area. Located in a very well kept complex with manicured lush landscaping, a pool, and a recreation room. Situated close to Del Amo Mall, Wilson Park, dining, shopping, and top-rated Torrance schools. Great value, flexible layout, and a convenient location — come see this one for yourself.
Location
Torrance, Los Angeles County, CA 90503
Open on Google Maps ↗Listed by: Raul Garcia · Circle Real Estate
Payment estimate
$4,780
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $64,500 · Loan: $580,500
- Principal & Interest
- $3,567
- Property tax (1.25%)
- $672
- Homeowners insurance
- $300
- Mortgage insurance
- $242
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 $22,575 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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