M
Landlord's Agent in 2024
Mickey Turner
RE/MAX
1317 Madrid Ave Torrance, CA 90501
East Torrance NeighborhoodEstimated Value: $845,000 - $1,045,000
4
Beds
2.5
Baths
1,805
Sq Ft
$534/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- Granite Countertops
- Fern Elementary School Rated A
- Mediterranean Architecture
- Private Yard
About This Home
As of May 2024Welcome to this lovely 4 bedroom detached townhome one of "2-on-a-lot". Situated in the desirable area of Old Torrance, this home boasts a front unit position, offering a serene rear patio and a cozy enclosed yard, perfect for relaxing or entertaining. Upon arrival, you're greeted by a distinguished wrought iron gated front entry adorned with elegant stone tiling. The leaded glass door opens into the main living level, with Travertine flooring in the entryway and gleaming hardwood floors throughout. Dual-paned windows and sliders flood the home with natural light while ensuring energy efficiency and quiet enjoyment. The kitchen has granite countertops complemented by a tasteful tumbled marble backsplash and cherry cabinets. Stainless steel appliances, including a dishwasher and microwave and freestanding gas stove. Separate laundry room equipped with hook-ups for a washer and gas dryer, simplifying daily chores. A powder room on the main living level adds to the home's functionality and convenience. You'll find four generously sized bedrooms, including a primary suite adorned with vaulted ceilings and a spacious walk-in closet. Each bedroom features ceiling fans for added comfort, ensuring a restful night's sleep. Two full baths, with travertine tile and tumbled marble tub/shower combinations, offer a spa-like retreat. Outdoor patio accessible from both the primary bedroom and the fourth bedroom, providing a tranquil space to unwind or soak in the sunshine. The attached double garage offers direct entry into the home. Located in the heart of Torrance, this property enjoys proximity to shopping, dining, and entertainment options, making it an ideal place to call home. Plus, with access to award-winning Torrance schools, this residence offers an exceptional opportunity to get a glimpse of the best of California living. Also enjoy one of Los Angeles' largest farmers markets every Tuesday and Saturday morning at Wilson Park. Just about 5 miles to the beautiful beaches of Redondo Beach.
Last Agent to Rent the Property
Mickey Turner
Estate Properties Brokerage Phone: 310-408-9051 License #00347995 Listed on: 04/01/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,792
Year Built
- Built in 2004
Lot Details
- 5,602 Sq Ft Lot
- No Common Walls
- East Facing Home
- Front and Back Yard Sprinklers
- Private Yard
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Mediterranean Architecture
- Tile Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 1,805 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Drapes & Rods
- Blinds
- Sliding Doors
- Entryway
- Living Room
- Dining Room
Kitchen
- Gas Cooktop
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Mirrored Closets Doors
- Granite Bathroom Countertops
- Bathtub with Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
Outdoor Features
- Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Additional Features
- Two Homes on a Lot
- Property is near public transit
Listing and Financial Details
- Security Deposit $8,000
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 4/10/24
- Tax Lot 1
- Tax Tract Number 9340
- Assessor Parcel Number 7355003034
Community Details
Overview
- Property has a Home Owners Association
- 2 Units
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2022
Sold by
Cheng John C and Shu Fen
Bought by
John And Shu Fen Cheng Revocable Living Trust and Cheng
Current Estimated Value
Purchase Details
Closed on
Feb 6, 2006
Sold by
Cheng Gilbert
Bought by
Cheng John C
Purchase Details
Closed on
Feb 22, 2003
Sold by
Faller Walter and Walter Faller Trust
Bought by
Cheng Gilbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,800
Interest Rate
4.5%
Purchase Details
Closed on
Feb 18, 1994
Sold by
Faller Walter
Bought by
Faller Walter
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John And Shu Fen Cheng Revocable Living Trust | -- | None Listed On Document | |
| Cheng John C | -- | None Available | |
| Cheng Gilbert | $355,000 | Chicago Title Co | |
| Faller Walter | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cheng Gilbert | $283,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2024 05/06/24 | Rented | $4,100 | 0.0% | -- |
| 04/01/2024 04/01/24 | For Rent | $4,100 | 0.0% | -- |
| 03/27/2024 03/27/24 | Price Changed | $4,100 | +10.8% | $2 / Sq Ft |
| 04/13/2021 04/13/21 | Rented | $3,700 | 0.0% | -- |
| 03/25/2021 03/25/21 | Under Contract | -- | -- | -- |
| 03/18/2021 03/18/21 | For Rent | $3,700 | 0.0% | -- |
| 04/01/2020 04/01/20 | Rented | $3,700 | 0.0% | -- |
| 03/23/2020 03/23/20 | Under Contract | -- | -- | -- |
| 02/01/2020 02/01/20 | For Rent | $3,700 | +7.2% | -- |
| 03/11/2017 03/11/17 | Rented | $3,450 | -1.4% | -- |
| 02/28/2017 02/28/17 | For Rent | $3,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,792 | $499,216 | $257,068 | $242,148 |
| 2024 | $5,792 | $489,428 | $252,028 | $237,400 |
| 2023 | $5,688 | $479,833 | $247,087 | $232,746 |
| 2022 | $5,613 | $470,426 | $242,243 | $228,183 |
| 2021 | $5,505 | $461,203 | $237,494 | $223,709 |
| 2019 | $5,347 | $447,525 | $230,450 | $217,075 |
| 2018 | $5,102 | $438,751 | $225,932 | $212,819 |
| 2016 | $4,863 | $421,715 | $217,159 | $204,556 |
| 2015 | $4,757 | $415,382 | $213,898 | $201,484 |
| 2014 | $4,636 | $407,247 | $209,709 | $197,538 |
Source: Public Records
Agents Affiliated with this Home
-
-
Susan Morrow
Landlord's Co-Listing Agent in 2024
Susan Morrow
RE/MAX
(310) 351-9830
2 in this area
26 Total Sales
-
Dorothy Bradford
Tenant's Agent in 2024
Dorothy Bradford
Dorothy Bradford, Broker
(562) 412-8264
15 Total Sales
-
Connie Paik
C
Buyer's Agent in 2017
Connie Paik
The Realestate Group
(310) 540-0072
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24051484
APN: 7355-003-034
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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