1737 Fern Avenue
Torrance, CA 90503
Sold
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.
PROPERTY INFORMATION
MLS # | PV24120938 | Lot Size | 7,501 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Duplex |
Price | $ 1,695,000
Price Per SqFt: $ 520 |
DOM | 490 Days |
Address | 1737 Fern Avenue | Type | Residential Income |
City | Torrance | Sq.Ft. | 3,260 Sq. Ft. |
Postal Code | 90503 | Garage | 4 |
County | Los Angeles | Year Built | 1951 |
Bed / Bath | 8 / 0 | Parking | 6 |
Built In | 1951 | Status | Closed |
Sold Date | 2024-08-31 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Gas Dryer Hookup, In Closet, Individual Room, See Remarks |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | Yes |
Kitchen Appliances | Dishwasher, Free-Standing Range, Gas Range, Water Heater |
Has Heating | Yes |
Heating Information | Central, Wall Furnace |
Room Information | Attic, Center Hall, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bedroom, See Remarks |
Has Cooling | No |
Cooling Information | None |
Flooring Information | Laminate, See Remarks, Vinyl |
InteriorFeatures Information | 2 Staircases, Block Walls, Built-in Features, Granite Counters, In-Law Floorplan, Open Floorplan, Recessed Lighting |
EntryLocation | 1 |
Entry Level | 1 |
WindowFeatures | Blinds |
EXTERIOR FEATURES
FoundationDetails | Slab |
Roof | Composition |
Has Pool | No |
Pool | None |
Has Fence | Yes |
Fencing | Block, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,808
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/10/2024 | Pending | $1,695,000 |
07/31/2024 | Price Change (Relisted) | $1,695,000 (-3.69%) |
07/24/2024 | Relisted | $1,760,000 |
07/13/2024 | Active Under Contract | $1,760,000 |
06/14/2024 | Listed | $1,760,000 |

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Listing provided courtesy of Bruce Ellison, RE/MAX Estate Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.