1737 1739 Fern Avenue, Torrance, CA 90503
-
Sold Price :
$1,700,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1951
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 this exceptional property in a highly desirable location.
Interior Features
| Laundry Information |
| Location(s) |
Gas Dryer Hookup, Laundry Closet, Laundry Room, See Remarks |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, See Remarks, Vinyl |
| Interior Information |
| Features |
Built-in Features, Block Walls, Granite Counters, In-Law Floorplan, Multiple Staircases, Open Floorplan, Recessed Lighting, Attic, Bedroom on Main Level |
| Cooling Type |
None |
Listing Information
| Address |
1737 1739 Fern Avenue |
| City |
Torrance |
| State |
CA |
| Zip |
90503 |
| County |
Los Angeles |
| Listing Agent |
Bruce Ellison DRE #00594480 |
| Courtesy Of |
RE/MAX Estate Properties |
| Close Price |
$1,700,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
7,501 |
| Year Built |
1951 |
Listing information courtesy of: Bruce Ellison, RE/MAX Estate Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 3rd, 2024 at 5:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
