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Listed by Mike Naylor • Compass
$340,000
Est. payment /mo
2 Beds
3 Baths
1,736 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,736 sqft
Price per Sqft $195
MLS Listing ID CRSB25025731
Bedrooms 2
Full Baths 3
HOA Fees $483/mo
HOA Y/N Yes
Originating Board Datashare California Regional
Year Built 1990
Property Sub-Type Condominium
Property Description
Experience resort-style living in this spacious, updated condo with over 1,736 square feet of living space, stunning ocean views, and a premium location. This rare opportunity combines comfort, affordability, and significant tax advantages, making it a standout value in the South Bay. The home features two large bedrooms, three full bathrooms, a wide-open floor plan, dual balconies with walk-in storage, a cozy fireplace, and well-placed skylights for abundant natural light. The well-equipped kitchen overlooks the community pool, and washer/dryer hookups are conveniently located in the hallway. Included are three full-sized storage units and two side-by-side parking spaces. Resort-style amenities include an onsite fitness center, pool, and jacuzzi. What sets this condo apart is its long-term ground lease (expiring in 2050), which translates into a significantly lower purchase price. The total monthly HOA and ground lease payment is $1,896.72, offering a financial advantage when compared to a traditional property purchase. Here’s the breakdown: If you were to purchase a $560,000 condo with a comparable HOA ($483/month), your mortgage and property tax payments would result in a similar monthly cost—but you simply won’t find this much living space, ocean views, and proximity to
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Amenities Available Fitness Center, Pool, Spa/Hot Tub, Other
View Other
Private Pool false
Building
Story 2
Water Public
Schools
School District Los Angeles Unified
Others
HOA Fee Include Management Fee,Insurance,Maintenance Grounds
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