Torrance, CA 90503,1737 1739 Fern AVE
Torrance, CA 90503,1737 1739 Fern AVE
Torrance, CA 90503,1737 1739 Fern AVE
45
$1,700,000
$1,695,000
0.3%
Est.Price: ?

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7,501 Sqft Lot

1737 1739 Fern AVE Torrance, CA 90503

Est. payment /mo
SOLD DATE : 08/31/2024

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Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPV24120938

Sold Date 08/31/24

Style Contemporary

Originating Board California Regional MLS

Year Built 1951

Lot Size 7,501 Sqft

Property Sub-Type Duplex

Property Description

Huge price reduction! This is 1737 and 1739 Fern Ave. Welcome to the Prime Torrance Gardens Duplex, a rare gem in the heart of Torrance offering two standalone units on a lot - the epitome of what every homeowner and investor dreams of. This property boasts two detached units, each with its private yard, providing the perfect blend of comfort and privacy. The front unit is a spacious 5-bedroom, 2-bathroom dwelling featuring a private laundry room and an oversized detached 2-car garage. Recently renovated with new windows, floors, baths, and a modern kitchen, this unit is a true sanctuary. This unit offers a lucrative investment opportunity. The second unit offers 3 bedrooms, 2 bathrooms, and a private yard, complete with a 2-car garage and private laundry area. This home sits over the 2 garages. This unit is currently rented at $2,970 per month ($35,640 per year), adding to the property's overall rental income. Rear unit is currently Rented. The long-term stability of this investment is evident through the tenure of the current tenant, the 3-bedroom unit tenants for over an impressive 22 years. This Torrance Gardens Duplex presents a unique opportunity for investors, homeowners, and those seeking a multi-generational living arrangement. Don't miss your chance to own t

Location

State CA

County Los Angeles

Area 126 - Central Torrance

Rooms

Kitchen Dishwasher, Oven Range - Gas, Oven Range

Interior

Heating Wall Furnace , Central Forced Air

Cooling None

Flooring Laminate, Other

Laundry Gas Hookup, In Closet, In Laundry Room

Exterior

Parking Features Attached Garage, Garage, Gate / Door Opener, Other

Garage Spaces 6.0

Pool None

View None

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Concrete Slab

Water Hot Water, District - Public

Architectural Style Contemporary

Others

Tax ID 7359020054

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Bruce Ellison • RE/MAX Estate Properties
Bought with Vidya Naik

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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