22224 S Vermont Ave UNIT 102C, Torrance, CA, 90502 | 7.11% Rental Yield

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22224 S Vermont Ave UNIT 102C, Torrance, CA, 90502 | 7.11% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Torrance at 22224 S Vermont Ave UNIT 102C, Torrance, CA, 90502 earns from $3,498/mo rent with a $2,888/mo payment. Total monthly income totals $3,498/mo. ROI tracks 19.12% on current figures, and rental yield reads 7.11% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 98.56% and total cumulative return in cash sums $191,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,498/mo property income instead of your personal income.

Condo

Built in 1985

4.17 Acres lot

$N/A/sqft

No HOA

More details about the property

Modern Comfort Meets Serene Living in the Gated Harbor Springs Community. Welcome to this beautifully updated 2 bedroom, 2 bathroom condo offering a perfect blend of comfort, style, and convenience. Nestled in the highly sought after Harbor Springs gated community, this light filled home is designed for easy living with an open concept layout and fresh, modern finishes throughout. Step inside to find new laminate flooring and dual pane windows that enhance both energy efficiency and aesthetic appeal. The spacious living room centers around a cozy gas fireplace and flows effortlessly to a private patio overlooking a tranquil water creek, shaded by mature trees a peaceful retreat right at home. The renovated kitchen features sleek quartz countertops, abundant cabinetry, and a seamless connection to the sunny dining area perfect for everyday meals or entertaining guests. Each of the two generously sized bedrooms includes its own suite bathroom and ample closet space, ideal for privacy or shared living. Additional highlights include: * In-unit laundry with washer & dryer. * Brand new water heater. * Two side-by-side carport parking spaces, conveniently located. * HOA covers water, trash, pool, and spa. Centrally located near major freeways, shopping, dining, and entertainment, this condo offers a rare opportunity to enjoy peaceful surroundings without sacrificing access to urban conveniences. Experience the best of Torrance P.O. living in a community that truly feels like home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90502, Torrance, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,625 (100%)
Owner Occupied HU	4,173 (63.0%)
Renter Occupied HU	2,226 (33.6%)
Vacant Housing Units	226 ( 3.4%)
Median Home Value	$738,208
Average Home Value	$722,741