18 days on rocket

1509 Elm Ave, Torrance, CA, 90503

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,156 SqFt
$1,081/SqFt
House
Schools Nearby

Location

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1509 Elm Ave, Torrance$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage
Attached Garage1 space
Year Built1950
HeatingCentral
CoolingOther
FireplaceNone
ViewNeighborhood
MLS #WS24070530
Lot Size0.17 Acres
StatusActive

About 1509 Elm Ave

Welcome to the epitome of potential nestled within a vibrant community! This charming 1,156 square foot residence, situated on a sprawling 7,502 square foot lot, beckons with endless possibilities for expansion and transformation. With a prime location ripe for additions or the creation of an ADU (Accessory Dwelling Unit), this is a rare opportunity to craft the home of your dreams in a coveted neighborhood. Originally boasting 2 bedrooms and 1 bathroom, this home has been thoughtfully enhanced with an enclosed patio extension, significantly amplifying its livable space and versatility.With a generous 150-foot lot depth, the canvas for customization is vast, offering ample room to continue adding on and shaping the home to suit your unique vision. Whether you dream of expanding the living areas, creating a tranquil outdoor oasis, or designing an additional dwelling unit for extended family or rental income, the possibilities are limited only by your imagination. Inside, the home exudes comfort and style, with recent updates including remodeled restroom, refreshed flooring, and a modernized kitchen that sets the stage for culinary inspiration. Every corner reflects the care and attention of the current owners, creating a welcoming ambiance that instantly feels like home. Location is key, and this residence boasts proximity to Greenwood Park and the highly acclaimed Fern Elementary School, making it an ideal setting for families seeking both recreation and education. Enjoy leisurely strolls through lush green spaces, take advantage of nearby amenities, and revel in the sense of community that defines this cherished neighborhood. This gem of a house is more than just a home—it's a blank canvas awaiting your personal touch and creative vision. Don't miss the chance to seize this opportunity and make it your own. Welcome to a world of endless possibilities in a community that feels like family. Your dream home awaits!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,156 SqFt

Listing Office:

  • Office Name: Your Home Sold Guaranteed Rlty
  • Office Phone: (323) 303-0969
  • Listing Agent: RUDY LIRA KUSUMA

Interior Features

Interior Information:

  • Appliances: Stove, Gas Cooktop, Disposal, Gas Oven, Gas Range, Water Heater
  • Flooring Type: Tile
  • Interior: Block Walls, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Other

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: SOUTH OF TORRANCE BLVD AND WEST OF CRENSHAW BLVD

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $1,081/SqFt

Tax Information:

  • Annual Amount: $8,418
  • 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

$679

Avg. Days On Market

19

# of Sold Homes

91

1509 Elm Ave vs Torrance

18 DAYS ON ROCKET

-1 Day

$1,250,000

+$240.9K More

$1,081/SqFt

+$402 More

KEY TAKEAWAY

This property is $240.9K more than the Median Sold Price and $402/SqFt more than other homes in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24070530

Listing Office:

  • Office Name: Your Home Sold Guaranteed Rlty
  • Office Phone: (323) 303-0969
  • Listing Agent: RUDY LIRA KUSUMA

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: 4/29/2024, 2:20:25 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

Feb 10, 2017Home Sold
$670,000
Aug 10, 1993Home Sold
$190,000
Jan 23, 1991Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,418$718,266
2020$8,175$710,902
2019$7,914$696,963
2018$3,385$683,298
2017$3,385$278,238

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-3162038
7
/10

  • Fern Elementary School

  • 1314 Fern Ave

  • 0.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3162039
7
/10

  • Madrona Middle School

  • 21364 Madrona Ave

  • 0.75 miles

  • Public District Grades 6-8

High School

school-card-donut-3162040
8
/10

  • Torrance High School

  • 2200 W Carson St

  • 0.63 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 $84,877. The most common annual income of people living in Torrance, CA is between $35k-100k. Most families are married, with 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

Frequently Asked Questions About 1509 Elm Ave

What is the listing price of this property?

The listing price of 1509 Elm Ave property is $1,250,000.

What type of property is this?

The property 1509 Elm Ave is a house located in Torrance, California, 90503.

Is this property for sale now?

Active Listing: 1509 Elm Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1509 Elm Ave are:
Fern Elementary School: GreatSchools Rating 7/10
Madrona Middle School: GreatSchools Rating 7/10
Torrance High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,418 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2017 for $670,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1509 Elm Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1509 Elm Ave is 1,156 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1509 Elm Ave is 1950.

Rocket Homes›California›Los Angeles County›Torrance›90503›1509 Elm Ave

This home is located at 1509 Elm Ave in Torrance, CA and zip code 90503 in the Central Torrance neighborhood. This 1,156 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,250,000.

Over 52 listings were sold over their listed price in March 2024 in Torrance, CA. In the same period over 31 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Torrance, CA increased by 6.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 19 days, the median list price was $1,009,069.

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

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