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1025 Madrid Avenue

Torrance, CA 90501
  • $1,315,000
  • STATUS: SOLD
  • ON SITE: 611 Days
  • ID#: SB23056364
Sold - 02/15/2024
$1,315,000
SOLD - 02/15/2024
  • 7
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

WOW .... PRICE IMPROVEMENT. AMAZING OPPORTUNITY!!! This Duplex has 2 separate homes: 1025 & 1027 Madrid Avenue, TORRANCE, and was built from scratch in 2000. Perfect for an owner user or investor. The property on 1027 is a two-level house with 5 bdrm 3 ba. (2 bdrm on the first floor with a full ba and 3 bdrm and 2 full ba on the second floor with laundry in closet). It has a large kitchen, living room, dining room, and a private backyard. The other unit on 1025 is located above the 4-car garage and is a 2 bdrm and 1 ba with a high ceiling and is bright with lots of natural sunlight. Each property has its own backyard and entrance. Plenty of space in front of the garages for additional parking. Located in the great Torrance School District, you are in the Old Center of Torrance close to shopping, and just 10 minutes away from the ocean! All buildings are permitted. WOW .... PRICE IMPROVEMENT. AMAZING OPPORTUNITY!!! This Duplex has 2 separate homes: 1025 & 1027 Madrid Avenue, TORRANCE, and was built from scratch in 2000. Perfect for an owner user or investor. The property on 1027 is a two-level house with 5 bdrm 3 ba. (2 bdrm on the first floor with a full ba and 3 bdrm and 2 full ba on the second floor with laundry in closet). It has a large kitchen, living room, dining room, and a private backyard. The other unit on 1025 is located above the 4-car garage and is a 2 bdrm and 1 ba with a high ceiling and is bright with lots of natural sunlight. Each property has its own backyard and entrance. Plenty of space in front of the garages for additional parking. Located in the great Torrance School District, you are in the Old Center of Torrance close to shopping, and just 10 minutes away from the ocean! All buildings are permitted.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/138357929
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1025 Madrid Avenue Torrance, CA 90501

  • Price: $1,388,000
  • Status: SOLD
  • On Site: 611 Days
  • Updated: 61 min ago
  • ID#: SB23056364
7
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Torrance (90501)
County:
Los Angeles
Area:
Torrance (90501)
Property Description
WOW .... PRICE IMPROVEMENT. AMAZING OPPORTUNITY!!! This Duplex has 2 separate homes: 1025 & 1027 Madrid Avenue, TORRANCE, and was built from scratch in 2000. Perfect for an owner user or investor. The property on 1027 is a two-level house with 5 bdrm 3 ba. (2 bdrm on the first floor with a full ba and 3 bdrm and 2 full ba on the second floor with laundry in closet). It has a large kitchen, living room, dining room, and a private backyard. The other unit on 1025 is located above the 4-car garage and is a 2 bdrm and 1 ba with a high ceiling and is bright with lots of natural sunlight. Each property has its own backyard and entrance. Plenty of space in front of the garages for additional parking. Located in the great Torrance School District, you are in the Old Center of Torrance close to shopping, and just 10 minutes away from the ocean! All buildings are permitted. WOW .... PRICE IMPROVEMENT. AMAZING OPPORTUNITY!!! This Duplex has 2 separate homes: 1025 & 1027 Madrid Avenue, TORRANCE, and was built from scratch in 2000. Perfect for an owner user or investor. The property on 1027 is a two-level house with 5 bdrm 3 ba. (2 bdrm on the first floor with a full ba and 3 bdrm and 2 full ba on the second floor with laundry in closet). It has a large kitchen, living room, dining room, and a private backyard. The other unit on 1025 is located above the 4-car garage and is a 2 bdrm and 1 ba with a high ceiling and is bright with lots of natural sunlight. Each property has its own backyard and entrance. Plenty of space in front of the garages for additional parking. Located in the great Torrance School District, you are in the Old Center of Torrance close to shopping, and just 10 minutes away from the ocean! All buildings are permitted.
Exterior Features

Exterior Stucco Pool N/K Spa N/K

Interior Features

Cooling Central Forced Air Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 3

Property Features

Annual Expense Actual 20125 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 32.0 Gross Scheduled Income Actual 44400 Home Owners Fees 0.0 Terms CashConventionalExchangeVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1200.0 Unit2 Rent Actual 2500.0 Zoning Builder

San Diego MLS logo Listing provided courtesy of Anne Irvin of Century 21 Union Realty: 310-995-2057. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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