Description
This well-maintained condominium, located in downtown Torrance, is move-in ready. It features brand new kitchen countertops and cabinets. The spacious kitchen, with breakfast counters, opens into the dining/living rooms and onto an oversized balcony. The master bedroom includes a full bath and a walk-in closet. Each unit has an additional separate storage room on the same level. Situated within a gated and secure complex with a subterranean garage, the condo is conveniently close to parks, beaches, shopping centers, banks, bakeries, post offices, restaurants, and freeways. The condominium units within the Brisas del Sol complex at 1201-1211 Cabrillo Avenue, Torrance, are subject to an Affordability Agreement. The City of Torrance must approve the transfer of ownership to ensure that the buyer's household income and monthly housing expenses comply with the Agreement. Potential buyers' incomes must be at or below the moderate household income levels set by the California Housing and Community Development Department for Los Angeles County in 2023, as follows: 1-person household - $82,500, 2-person household - $94,300. Additionally, buyers must qualify and be approved by the City of Torrance Community Development Department based on the sales price, income, and terms and conditions of the Affordability Agreement. Under the Affordability Agreement, the property cannot be rented and must be owner-occupied.
