Torrance, CA 90503,1737 Fern AVE
Torrance, CA 90503,1737 Fern AVE
Torrance, CA 90503,1737 Fern AVE
33
$1,700,000
$1,695,000
0.3%
Est.Price: ?

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8 BD
4 BA
3,260 SqFt

1737 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

Square Footage 3,260 sqft

Price per Sqft $521

MLS Listing ID CRPV24157306

Sold Date 08/31/24

Style Contemporary

Bedrooms 8

Full Baths 4

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

Zoning TORR-LM

Rooms

Kitchen Oven - Gas

Interior

Heating Central Forced Air

Cooling None

Flooring Laminate

Fireplaces Type None

Laundry In Laundry Room, Other

Exterior

Parking Features Assigned Spaces, Attached Garage, Garage, Gate / Door Opener

Garage Spaces 4.0

Fence 2

Pool 31, None

View Other

Building

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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