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$1,700,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1737 1739 Fern Ave

General

  • Sold For: $1,700,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PV24120938
  • Added to Site: 155 day(s) ago

Interior

  • Rooms/Areas: Attic, Center Hall, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bedroom, See Remarks
  • Interior Features: 2 Staircases, Block Walls, Built-in Features, Granite Counters, In-Law Floorplan, Open Floorplan, Recessed Lighting
  • Fireplace(s): None
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Water Heater
  • Flooring: Laminate, See Remarks, Vinyl

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, In Closet, Individual Room, See Remarks

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Concrete, Driveway Level, Garage Faces Side, Garage (Two Doors), Garage Door Opener
  • Parking: Driveway, Concrete, Driveway Level, Garage Faces Side, Garage (Two Doors), Garage Door Opener

Location

  • Area: 126 - Central Torrance
  • County: Los Angeles
  • Development Name: 126 - Central Torrance
  • Driving Directions: Crenshaw to Carson Ave West to Fern South to 1737 & 1739
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Architectural Style: Contemporary
  • Foundation: Slab
  • Roof: Composition
  • Windows: Blinds
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,260
  • Year Built: 1951

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: Airplane Hangar

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1722
  • Lot Size Source: Assessor
  • Zoning: R2
  • Lot Description: Back Yard, Front Yard, Level with Street, Lot 6500-9999, Sprinkler System, Sprinklers in Front, Sprinklers in Rear, Yard

Financial Considerations

  • Price Per Sq. Ft.: $521.47
  • Price Per Unit: 847500

Disclosures and Reports

  • Inclusions: Appliances for all units

Listed by RE/MAX Estate Properties, Bruce Ellison
Sold by RE/MAX Estate Properties, Vidya Naik

Listing agent

— 1737 1739 Fern Ave —

  • Bruce Ellison

    RE/MAX Estate Properties

310-710-1444

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1737 1739 Fern Ave

School District:Torrance Unified School District
RatingNameGradesDistance
8
Fern Elementary School
1314 Fern Ave, Torrance, CA 90503
K-50.3 mi
7
Madrona Middle School
21364 Madrona Ave, Torrance, CA 90503
6-80.7 mi
9
Torrance High School
2200 W Carson St, Torrance, CA 90501
9-120.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1737 1739 Fern Ave

Date
Details
Price
Change
Source
8/31/2024
Sold
$1,700,000
0.29%
MLS
7/31/2024
Price Reduced
$1,695,000
-3.69%
MLS
6/15/2024
Listed
$1,760,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Estate Properties, Bruce Ellison
Sold by RE/MAX Estate Properties, Vidya Naik

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1737 1739 Fern Avenue, Torrance, CA 90503 (MLS# PV24120938) is a Multi-Family property that was sold at $1,700,000 on August 31, 2024. Want to learn more about 1737 1739 Fern Avenue? Do you have questions about finding other Multi-Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.

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