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2720 Gramercy Avenue 5Torrance, CA 90501

For Sale

$699,000

Smart Buyer Rebate $6,990

PRIVATE 2-CAR GARAGE • INTERIOR LAUNDRY • GAS RANGE • FHA APPROVED!
These are just a few of the features that make this beautifully remodeled townhome a rare find in the heart of Torrance. Nestled in an intimate community of only 18 homes, this move-in ready residence offers 2 spacious ensuite bedrooms, 3 bathrooms, and the comfort, privacy, and convenience today's buyers are looking for.
Extensively remodeled in 2025, the home features fresh designer paint in soothing neutral tones, new carpet, updated bathroom hardware, stylish ceiling fans with integrated lighting, and an inviting, light-filled interior. Mature trees outside create a peaceful setting while welcoming refreshing coastal breezes throughout the home.
The spacious primary suite includes a charming alcove—perfect for a home office, reading nook, yoga space, or quiet retreat. A convenient guest bath is located on the main level.
The private two-car garage with additional storage, interior laundry, and gas range are amenities rarely found together and offer everyday convenience that truly sets this home apart.
Residents enjoy a sparkling pool and spa, mature landscaping, and a welcoming community with many long-term homeowners. Ideally located adjacent to a neighborhood park and just minutes from historic Old Torrance, the popular Farmers Market, restaurants, shopping, and entertainment.
Outstanding Added Value! The HOA has retained professional management and is actively completing significant community improvements, including exterior stucco repairs, fascia replacement, landscaping enhancements, tree trimming, patio improvements, and pool upgrades. The seller has paid the special assessment in full, allowing the next owner to enjoy the benefits of these community improvements without that additional cost.
This is a wonderful opportunity to own a beautifully updated home in an established neighborhood where the community is being thoughtfully revitalized.

Listed by Pamela Hayes

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License #01931537

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Kanso Realty

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7142228547

Last updated September 02, 2026

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Source: CRMLS #PV26126853

Listing Facts

  • TypeCondo
  • NeighborhoodOlde Torrance
  • Bedrooms2
  • Bathrooms3
  • Days on Prevu97
  • HOA/Maint. Fees$516/month
  • Size1,184 sqft
  • Price per sqft$590

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/03/2026
Price Decreased
$699,000
06/10/2026
Listed by Kanso Realty
$719,000
  1. 09/03/2026$699,000
    Price Decreased
  2. 06/10/2026$719,000
    Listed by Kanso Realty

Property Details for 2720 Gramercy Avenue 5

Association

Amenities

  • Association Amenities: Maintenance Grounds, Management, Pool, Spa/Hot Tub, Trash, Water
  • Community Features: Park, Gated, Pool

Fees

  • Association Fee: $516.00 Monthly

General

  • Association Name: Gramercy Gardens Management Professionals
  • Number Of Units In Community: 18

Exterior

Construction

  • Number Of Units Total: 18
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Multi Family
  • Year Built: 1986
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Entry Location: first floor
  • Exterior Features: Balcony

Features

  • Patio And Porch Features: Deck
  • Pool Features: Community, Fenced, In Ground, Association
  • View: Park/Greenbelt, Neighborhood

Measurements

  • Lot Size Acres: 0.66
  • Lot Size Area: 29,123
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 29,123
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 7357008042

Interior

Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer/Dryer Stacked
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
  • Spa Features: Community
  • Spa: Yes

Measurements

  • Living Area: 1,184
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Main Level Bathrooms: 1

Other

Location

  • Tax Lot: 1

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Underground, Garage, Oversized
  • Parking Total: 2

Schools

High School

  • High School District: Torrance Unified

Utilities

Equipment

  • Heating: Forced Air, Fireplace(s)
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Inside, Laundry Closet, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 3 bathrooms in this condo at 2720 Gramercy Avenue 5.

Does this condo have parking?

Yes, there are 2 parking spaces available for 2720 Gramercy Avenue 5.

How does 2720 Gramercy Avenue 5 compare to other condos in Olde Torrance?

This condo is listed 1% below the average price for condos in Olde Torrance and has been on the market for 41 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Gramercy Gardens Management Professionals home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,184 sqft.

2720 Gramercy Avenue 5 is a 2-bedroom, 3-bath condo for sale in Torrance CA 90501. Available on Prevu for 97 days at $699,000. This includes a recent price decrease of $20,000. This property features 1,184 square feet of living space, located in Olde Torrance. The median listing price for condos in this area is $835,000. The home offers private outdoor space, dishwasher, parking, and swimming pool. Explore more condo listings in Torrance.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.