16 days on rocket

Sale Pending

1417 Madrid Ave, Torrance, CA, 90501

$1,665,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1417 Madrid Ave, Torrance$1,665,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage, RV Potential
Garage2 spaces
Year Built1934
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
MLS #SB24096549
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 1417 Madrid Ave

Welcome to Artisanal- Lush Madrid Avenue, where Three Unique Units await within a Charming Detached Compound. *Unit #1 (1417 Madrid Ave.)* Discover a Spacious 2-story abode, boasting 4 bedrooms & 3.5 bathrooms. The Main floor showcases a Elegant Living Room featuring a Fireplace, Hardwood Flooring, Recessed Lights, and Rustic Wood Beams accentuating the ceiling. A bathroom on this level offers Hardwood flooring for added Elegance, while the remaining bathrooms boast Tile floors. Upstairs, the primary bedroom impresses with a Free-Standing Bathtub, a Separate Shower, Artisanal Doors, alongside Hardwood Flooring and a Ceiling fan. High ceilings and an adjacent Balcony elevate the primary bedroom's appeal. Enjoy meals in the Dining Area with Hardwood Flooring, a Ceiling Fan, and Recessed lights, while the Remodeled Kitchen boasts Hardwood Flooring, Granite Countertops, Tile Backsplash, Wood Cabinetry and Built-in Stainless Steel Appliances. A Bonus Room is being used as a Office and there is hidden storage throughout. Step outside to a concrete Patio in the rear for outdoor relaxation.. and... *Unit #2 (1419 Madrid Ave #A)* Nestled on the first floor of the rear 2-story building, this One Bedroom One bath Unit offers convenience and comfort. A welcoming Living Room features Hardwood Flooring, Recessed Lights, and a Ceiling Fan. The Upgraded Kitchen impresses with Quartz Countertops, tile backsplash, wood Cabinetry, Recessed Lights, and Built-in Appliances. The bathroom delights with Tile floors, and a Granite-Topped Vanity. Retreat to the Bedroom with Hardwood Flooring, a Ceiling fan, a Mirrored Closet, and even a Dry Sauna. Outside, a Patio in the front provides a charming space to enjoy the outdoors. and... *Unit #3 (1419 Madrid Ave. #B)* Occupying the Upper Floor of the Rear 2-story building, this 3 Bedroom 2 Bath unit exudes Sophistication. The Living Room boasts Hardwood Flooring and Crown Molding, creating an inviting ambiance. In the Upgraded Kitchen, discover more Hardwood flooring, Wood Cabinetry, Tile Countertops & Backsplash, Recessed Lights, and Built-in Appliances. The Bedrooms feature Crown Molding, and Ceiling Fans, with the Primary Bedroom offering a Walk-in Closet. The primary bathroom boasts Tile Floors and a Granite-Topped Vanity, while the main bathroom features a Skylight. Additionally, an Elevator adds convenience to this unit's allure. All units have Private, Laundry rooms/areas. Back Building has PAID Solar Panels.

Property Details

Property Features

Property Information:

  • Year Built: 1934
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams South Bay
  • Office Phone: (310) 617-3411
  • Listing Agent: Katrina Matthews

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Water Heater
  • Interior: Beamed Ceilings, Balcony, Ceiling Fan(s), Elevator, Recessed Lighting
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage, RV Potential

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Torrance High School, Public District Grades 9-12
  • Madrona Middle School, Public District Grades 6-8
  • Fern Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: East on El Dorado St from Crenshaw Bl.Street ends at Madrid Ave.Turn right.Cross Streets:ElDorado and CrenshawBl

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,665,000

Tax Information:

  • Annual Amount: $12,728
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Torrance, CA.

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Torrance, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$681

Avg. Days On Market

19

# of Sold Homes

105

1417 Madrid Ave vs Torrance

16 DAYS ON ROCKET

-3 Days

$1,665,000

+$663.6K More

KEY TAKEAWAY

This property is $663.6K more than the Median Sold Price in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24096549

Listing Office:

  • Office Name: Keller Williams South Bay
  • Office Phone: (310) 617-3411
  • Listing Agent: Katrina Matthews

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2012Home Sold
$873,000
Oct 03, 2008Home Sold
$835,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,728$1,080,973
2020$12,361$1,069,890
2019$11,976$1,048,913
2018$11,725$1,028,347
2017$11,725$1,008,184

History based on county public records data.

Payment Calculator

$8,377

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,058

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5868119
8
/10

  • Fern Elementary School

  • 1314 Fern Ave

  • 0.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5868120
7
/10

  • Madrona Middle School

  • 21364 Madrona Ave

  • 1.09 miles

  • Public District Grades 6-8

High School

school-card-donut-5868121
9
/10

  • Torrance High School

  • 2200 W Carson St

  • 0.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,464. Typical income of Torrance, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Torrance›90501›1417 Madrid Ave

This home is located at 1417 Madrid Ave in Torrance, CA and zip code 90501 in the South Bay neighborhood. This home, which was built in 1934, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,665,000.

While more than 62 listings in Torrance, CA in April 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 31 were sold below. The inventory of homes for sale in Torrance, CA between March 2024 and April 2024 decreased by 4.2%. Listings spent 19 days on the market in April 2024, and had a median list price of $1,001,357 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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