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Sold for $1,708,000
  • Listed by: Keller Williams Realty • Katrina Matthews • Contact: 213-584-3166
    Bought with: Estate Properties
    $1,708,000

    1417 Madrid Ave, Torrance, CA 90501

    8beds
    7baths
    4,394sqft
    Triplex
    Built in 1934
    -- sqft lot
    $1,874,000 Zestimate®
    $389/sqft
    $2,397 Estimated rent

    Home value

    $1,874,000

    $1.69M - $2.08M

    $2,397/mo

    Zestimate® history
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    What's special

    Welcome to Artisanal- Lush Madrid Avenue, where Three Unique Units await within a Charming Detached Compound. *Unit #1 (1417 Madrid Ave.)* Discover a Spacious 2-story abode, boasting 4 bedrooms & 3.5 bathrooms. The Main floor showcases a Elegant Living Room featuring a Fireplace, Hardwood Flooring, Recessed Lights, and Rustic Wood Beams accentuating the ceiling. A bathroom on this level offers Hardwood flooring for added Elegance, while the remaining bathrooms boast Tile floors. Upstairs, the primary bedroom impresses with a Free-Standing Bathtub, a Separate Shower, Artisanal Doors, alongside Hardwood Flooring and a Ceiling fan. High ceilings and an adjacent Balcony elevate the primary bedroom's appeal. Enjoy meals in the Dining Area with Hardwood Flooring, a Ceiling Fan, and Recessed lights, while the Remodeled Kitchen boasts Hardwood Flooring, Granite Countertops, Tile Backsplash, Wood Cabinetry and Built-in Stainless Steel Appliances. A Bonus Room is being used as a Office and there is hidden storage throughout. Step outside to a concrete Patio in the rear for outdoor relaxation.. and... *Unit #2 (1419 Madrid Ave #A)* Nestled on the first floor of the rear 2-story building, this One Bedroom One bath Unit offers convenience and comfort. A welcoming Living Room features Hardwood Flooring, Recessed Lights, and a Ceiling Fan. The Upgraded Kitchen impresses with Quartz Countertops, tile backsplash, wood Cabinetry, Recessed Lights, and Built-in Appliances. The bathroom delights with Tile floors, and a Granite-Topped Vanity. Retreat to the Bedroom with Hardwood Flooring, a Ceiling fan, a Mirrored Closet, and even a Dry Sauna. Outside, a Patio in the front provides a charming space to enjoy the outdoors. and... *Unit #3 (1419 Madrid Ave. #B)* Occupying the Upper Floor of the Rear 2-story building, this 3 Bedroom 2 Bath unit exudes Sophistication. The Living Room boasts Hardwood Flooring and Crown Molding, creating an inviting ambiance. In the Upgraded Kitchen, discover more Hardwood flooring, Wood Cabinetry, Tile Countertops & Backsplash, Recessed Lights, and Built-in Appliances. The Bedrooms feature Crown Molding, and Ceiling Fans, with the Primary Bedroom offering a Walk-in Closet. The primary bathroom boasts Tile Floors and a Granite-Topped Vanity, while the main bathroom features a Skylight. Additionally, an Elevator adds convenience to this unit's allure. All units have Private, Laundry rooms/areas. Back Building has PAID Solar Panels.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katrina Matthews DRE #01810519 310-617-3411,

    Keller Williams Realty

    Bought with:

    Vidya Naik, DRE #00899743

    Estate Properties

    Source: CRMLS,MLS#: SB24096549MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Rooms
    • Room types: Den, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Sauna
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Refrigerator, Water Heater
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Balcony, Ceiling Fan(s), Elevator, Recessed Lighting
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,394
    • Total interior livable area: 4,394 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, RV Potential
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,001 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7355010004
    • Zoning: TORR-LM
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1934

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Street Lights, Urban
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $389/sqft
    • Tax assessed value: $1,742,160
    • Annual tax amount: $19,956
    • Date on market: 5/15/2024
    • Cumulative days on market: 15 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Exclusions: All staged items, decor and furniture.

    Price history

    DateEventPrice
    6/20/2024Sold$1,708,000+2.6%$389/sqft
    Source: CRMLS #SB24096549 Report a problem
    5/30/2024Pending sale$1,665,000$379/sqft
    Source: CRMLS #SB24096549 Report a problem
    5/15/2024Listed for sale$1,665,000+90.7%$379/sqft
    Source: CRMLS #SB24096549 Report a problem
    5/31/2012Sold$873,000-2.5%$199/sqft
    Source: Public Record Report a problem
    5/18/2012Listed for sale$895,000$204/sqft
    Source: John A Fields #S12011951 Report a problem
    4/16/2012Listing removed$895,000$204/sqft
    Source: Vflyer Homes #S12024761 Report a problem
    2/26/2012Listed for sale$895,000+2.3%$204/sqft
    Source: Vflyer Homes #S12024761 Report a problem
    1/15/2011Listing removed$875,000$199/sqft
    Source: Owner Report a problem
    10/6/2009Price change$875,000-6.4%$199/sqft
    Source: Owner Report a problem
    9/9/2009Listed for sale$935,000$213/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,956 +49%$1,742,160 +51.9%
    2024$13,394 -16.8%$1,147,135 +2%
    2023$16,096 +24.1%$1,124,643 +2%
    2022$12,973 +1.9%$1,102,592 +2%
    2021$12,728 +1.5%$1,080,973 +1%
    2020$12,537 $1,069,890 +2%
    2019$12,537 +4.7%$1,048,913 +2%
    2018$11,976 $1,028,347 +2%
    2017$11,976 +2.1%$1,008,184 +2%
    2016$11,725 +2.6%$988,417 +1.5%
    2015$11,423 +4.9%$973,571 +8.8%
    2014$10,893 $894,501 +6.6%
    2011-- $839,293 +89.3%
    2008-- $443,300 +2%
    2007-- $434,609 +2%
    2006-- $426,088
    2005-- $426,088 +4%
    2004-- $409,545 +1.9%
    2003-- $402,040 +2%
    2002-- $394,157 +4%
    2000-- $378,853
    Find assessor info on the county website

    Neighborhood: Olde Torrance

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,874,000
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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
    $1,874,000