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$1,695,000
8 bed
3 bath
3,260 Sqft
7,501 Sqft lot

1737 Fern Avenue, Torrance, California 90503

  • Residential Property Type
  • 16 Days Time on market
  • $520 Price per sqft
  • 1951 Year Built
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.

Basic Details
Residential
Buy
PV24157306
$1,695,000
8
3
3,260 Sqft
1951
7,501 Sqft
Active
Duplex
Multi-family
Features
: Central
: Block
: Concrete
: Gas Oven
: Contemporary
: Sidewalks, Street Lights
4
$0
: Public Sewer
Address
CA
Los Angeles
Torrance
90503
1737 Fern Avenue
1737
Avenue
0
W119° 40' 4''
N33° 49' 50''
Additional Information
16
1
2
2
4
: Two
1
: Laundry Room, Inside
4
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Granite Counters, Tile Counters
0.17 Sqft
7,501 Sqft
1
: No Common Walls
0 Sqft
TORR-LM
7359020054
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
31/07/2024 12:03:13
$0
: Standard
Cash,CashtoNewLoan,1031 Exchange
Hawthorne to Sepulveda south on Maple Right on Monterrey to Fern
Torrance
RE/MAX Estate Properties
Bruce Ellison
V7186
VELLIBRU
$0
1
: Standard
Fern
: Vinyl, Laminate
1
: Back Yard, Front Yard
1
: Duplex
: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
1
1
1
1
: Square Feet
2
Second Garage
Updated/Remodeled
1
14
3
1
US-06037-N-7359020054-R-N
Duplex
01/08/2024 20:17:43
Fern
126 - Central Torrance
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