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$1,700,000
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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.
Full Property Details
Full Property Details for 1737 Fern Ave
General
- Sold For: $1,700,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: PV24157306
- Added to Site: 660 day(s) ago
Interior
- Rooms/Areas: Laundry
- Interior Features: Granite Counters, Tile Counters
- Fireplace(s): None
- Appliances: Gas Oven
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Concrete
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking: Assigned, Driveway Level, Garage, Garage (Two Doors), Garage Door Opener
Location
- County: Los Angeles
- Driving Directions: Hawthorne to Sepulveda south on Maple Right on Monterrey to Fern
School Information
- School District: Torrance Unified
- Elementary School: FERN
- High School: TORRAN
Community
- Community Features: Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: 1st Floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,260
- Sq. Ft. Source: Assessor
- Year Built: 1951
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Second Garage Attached, Second Garage Detached
Lot Features
- Property View: See Remarks
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Zoning: TORR-LM
- Lot Description: Back Yard, Front Yard
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $521.47
Disclosures and Reports
- Special Conditions: Standard
Listed by RE/MAX Estate Properties, Bruce Ellison
Sold by RE/MAX Estate Properties, Vidya Naik
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Schools
Schools serving 1737 Fern Ave
School District:Torrance Unified School District
| Name | Grades | Distance |
|---|---|---|
Fern Elementary School 1314 Fern Avenue, Torrance, CA 90503 | K-5 | 0.3 mi |
Madrona Middle School 21364 Madrona Avenue, Torrance, CA 90503 | 6-8 | 0.8 mi |
Torrance High School 2200 West Carson Street, Torrance, CA 90501 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1737 Fern Ave
Date
Details
Price
Change
Source
8/31/2024
Sold
$1,700,000
0.29%
MLS
7/31/2024
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1737 Fern Avenue, Torrance, CA 90503 (MLS# PV24157306) is a Duplex property that was sold at $1,700,000 on August 31, 2024. Want to learn more about 1737 Fern Avenue? Do you have questions about finding other Duplex real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.

