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Sold for $1,330,000
  • Listed by: Engel & Volkers LA South Bay • Nick Peters • Contact: 310-543-9999
    Bought with: Alliance Real Estate Invest
    $1,330,000

    1318 Elm Ave, Torrance, CA 90503

    3beds
    1,300sqft
    Single Family Residence
    Built in 1943
    7,503 Square Feet Lot
    $1,414,300 Zestimate®
    $1,023/sqft
    $5,063 Estimated rent

    Home value

    $1,414,300

    $1.30M - $1.54M

    $5,063/mo

    Zestimate® history
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    What's special

    Fruit treesFront porchMature weeping treeContemporary finishesCloseness to the coastOffice spaceHuge backyard
    THE HOME: The ONLY home for sale in all of Torrance with a lot over 7,000 SF and under $1,500,000!! Also, the detached garage is 540 SF and would make a perfect ADU. *** If you combine a new ADU with the rear studio, the total living SF will be over 2,000 SF!! *** The private driveway inside the gate will fit a 45 foot RV! *** This charming, remodeled 3 bed 2 bath home has central AC! Move-in ready with a great combination of style and many upgrades. From the large front porch, you enter a fresh and airy living room with lots of natural light and gleaming original hardwood floors that flow throughout the main living space and two bedrooms. Custom archways take you to 3 spacious and bright bedrooms and two updated bathrooms. The primary bedroom features a custom wood paneled wall and a full bath that has a spa tub lined with new shower tile and granite countertops over lots of cabinet space. *** The kitchen has quartz counters, abundant cabinetry, soft-close drawers, updated appliances and contemporary finishes. Off the kitchen you will find a dining area with ample built-in storage and counter space. *** The third bedroom opens up to a sunlined entry room that leads to a charming backyard patio, extending your living space. *** The HUGE backyard is adorned with fruit trees (massive Orange tree!), covered patio and private driveway – the perfect setting for outdoor gatherings, relaxation, and play. This is a backyard that is just waiting for you to put your special touch for a wonderful oasis! In addition to the living space above, there is a 230 SF flex space attached to the garage that provides additional living, storage or office space. With private backyard access, this space is versatile and adaptable to many different needs. THE NEIGHBORHOOD Tucked away in the highly desirable Torrance Gardens neighborhood. The shaded front yard is the perfect spot to sit and relax under the mature weeping tree. Very close to an elementary school and park. The proximity to the renovated Del Amo Shopping Mall ensures that retail therapy, dining, and entertainment options are just a stone's throw away. Commute with easy access to the freeways. For beach lovers, the closeness to the coast provides endless opportunities for sun-soaked days and oceanfront adventures. For jetsetters: LAX is less than 30 mins away. Don't miss the opportunity to make this newly remodeled haven your own, combining comfort, style, and the perfect location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Peters DRE #00880972 310-543-9999,

    Engel & Volkers LA South Bay,

    Co-Listing Agent: Melissa Ferri DRE #02105725,

    Engel & Volkers LA-South Bay

    Bought with:

    Paciencia Navalta, DRE #01369082

    Alliance Real Estate Invest

    Source: CRMLS,MLS#: SB24017185MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Attic, Bonus Room, Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Workshop, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Jetted Tub, Remodeled, Separate Shower, Tub Shower
    Kitchen
    • Features: Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier, Dryer, Washer
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
    Features
    • Separate/Formal Dining Room, Pull Down Attic Stairs, All Bedrooms Down, Attic, Bedroom on Main Level, Main Level Primary, Primary Suite, Workshop
    • Flooring: Carpet, Tile, Wood
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Oversized, RV Hook-Ups, RV Gated, RV Access/Parking, On Street, Workshop in Garage
    • Garage spaces: 2
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, No Stairs, Accessible Doors, Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Concrete, Covered, Front Porch, Open, Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link,Excellent Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,503 Square Feet
    • Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Level, Near Park, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level, Trees, Yard
    Details
    • Additional structures: Storage, Workshop
    • Parcel number: 7362030016
    • Zoning: TORR-LO
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Ducts Professionally Air-Sealed, Frame, Copper Plumbing
    • Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
    • Roof: Composition
    Condition
    • Additions/Alterations,Updated/Remodeled
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Electric: 220 Volts in Garage, 220 Volts in Workshop
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Overhead Utilities

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights, Sidewalks, Park
    • Security: Smoke Detector(s)
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $1,023/sqft
    • Tax assessed value: $1,302,900
    • Annual tax amount: $15,080
    • Date on market: 2/7/2024
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange,FHA,VA Loan,VA No Loan,VA No No Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/8/2025Sold$1,330,000+3.1%$1,023/sqft
    Source: Public Record Report a problem
    2/26/2024Sold$1,290,000+7.6%$992/sqft
    Source: CRMLS #SB24017185 Report a problem
    2/14/2024Pending sale$1,199,000$922/sqft
    Source: CRMLS #SB24017185 Report a problem
    2/8/2024Listed for sale$1,199,000+295.7%$922/sqft
    Source: CRMLS #SB24017185 Report a problem
    4/21/2000Sold$303,000$233/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,080 +173.9%$1,302,900 +184%
    2024$5,506 +1.8%$458,764 +2%
    2023$5,408 +1.3%$449,770 +2%
    2022$5,337 +1.9%$440,952 +2%
    2021$5,238 +1.5%$432,307 +1%
    2020$5,162 $427,875 +2%
    2019$5,162 +5.3%$419,486 +2%
    2018$4,901 $411,262 +2%
    2017$4,901 +2.1%$403,199 +2%
    2016$4,798 +2.5%$395,294 +1.5%
    2015$4,682 +4.8%$389,357 +2%
    2014$4,468 $381,731 +2.5%
    2012-- $372,557 +2%
    2011-- $365,253 +0.8%
    2010-- $362,524 -0.2%
    2009-- $363,386 +2%
    2008-- $356,262 +2%
    2007-- $349,277 +2%
    2006-- $342,429
    2005-- $342,429 +4%
    2004-- $329,135 +1.9%
    2003-- $323,104 +2%
    2002-- $316,770 +36.6%
    2000-- $231,898
    Find assessor info on the county website

    Neighborhood: Madrona

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,414,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,414,300