1407 Madrid Avenue,  Torrance CA, 90501 (Residential Income)

3,823 sqft
Status: Sold
MLS#: SB15041217
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Last Updated: 12/4/2016 2:10 PM
Description for 1407 Madrid Avenue Torrance, CA 90501
Hard to find triplex in Old Torrance. Excellent Fern Ave. Elementary, Madrona Middle School and Torrance High School. Also walk to Nativity Catholic School and St. Mark's Lutheran School. Walk as well to Downtown Torrance Business District, the Del Amo Mall,at least five parks and a half dozen churches. Minutes away from 405 and 110 fwys. Front house is a charming one story charming Spanish Colonial Revival built in 1928 and extensively remodeled in 1985. Attached two car garage with laundry room and driveway that holds at least four cars. House is two bedroom, 1 & 3/4 bath in 1111 sqft. Large eat-in kitchen and formal dining room. Huge master bedroom with on suite bath and wall of mirrored wardrobes. Large private custom south side patio. Rear units built in 1985. Each unit is a three bedroom, 2.5 bath townhouse style in approx. 1356 sqft with attached two car garage and laundry facilities. Rents are low and the rental market has recently jumped up for clean well located units in good school districts. Each of the rear units has a separate enclosed patio area outside living rooms. Master suites are huge and other bedrooms are good sized. Second property south of El Dorado St.
Price
Sold Price:
$1,120,000
Sold Date:08/21/2015
Los Angeles
3,823 (approx)
SB15041217
Closed
Description
Hard to find triplex in Old Torrance. Excellent Fern Ave. Elementary, Madrona Middle School and Torrance High School. Also walk to Nativity Catholic School and St. Mark's Lutheran School. Walk as well to Downtown Torrance Business District, the Del Amo Mall,at least five parks and a half dozen churches. Minutes away from 405 and 110 fwys. Front house is a charming one story charming Spanish Colonial Revival built in 1928 and extensively remodeled in 1985. Attached two car garage with laundry room and driveway that holds at least four cars. House is two bedroom, 1 & 3/4 bath in 1111 sqft. Large eat-in kitchen and formal dining room. Huge master bedroom with on suite bath and wall of mirrored wardrobes. Large private custom south side patio. Rear units built in 1985. Each unit is a three bedroom, 2.5 bath townhouse style in approx. 1356 sqft with attached two car garage and laundry facilities. Rents are low and the rental market has recently jumped up for clean well located units in good school districts. Each of the rear units has a separate enclosed patio area outside living rooms. Master suites are huge and other bedrooms are good sized. Second property south of El Dorado St.
Listing Information
Property Type: Cluster, Spanish, 1 Story
0.16 Acres 7,001 sq.ft. 3,823 (approx)
1928 Yes- 6 spaces
1 Concrete, Frame, Stucco, Wood
Concrete Perimeter, Slab
Gas Water Heater, Water Meter, Public Water Servic
Natural Gas
3 Total
Neighborhood
Room Information
Interior Features
Dishwasher, Garbage Disposal, Gas Range/Cooktop
Carpet Wall to Wall, Ceramic Tile, Laminate, Linoleum
None
Wall Unit, Forced Air
Full Copper Plumbing
No Fireplace
High Ceiling, Tile Counter Top, Window Blinds
Exterior / Lot Features
6 Garage Spaces, 12 Parking Spaces, No Parking, Assigned Parking Space
Wood, Stucco, Frame, Concrete
Composition, Tar Gravel, Rolled
None
No Pool
Park
Wood
Gutters, Curbs Walk
Driving Directions
Go East on El Dorado St. from Crenshaw Bl. Go right or south on Madrid Ave.
Financial Considerations
7355010002
$6,501
$36,000 Income ,$21,367Expense
Listing Price History

Torrance Real Estate

Torrance is located in California. Torrance, California 90501 has a population of 145,443.

The median household income in Torrance, California 90501 is $76,082. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Torrance 90501 is 41.7 years.

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Courtesy: Bonanza Realty John Fields
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