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Sold for $925,000
    • Listed by: Peninsula Realty, Inc. • Blanca Luz Chapman • Contact: 310-489-9278
    Bought with: HouseMe
    $925,000

    1513 Madrid Ave, Torrance, CA 90501

    4beds
    2,173sqft
    Condominium
    Built in 1989
    -- sqft lot
    $1,297,400 Zestimate®
    $426/sqft
    $4,325 Estimated rent

    Home value

    $1,297,400

    $1.21M - $1.40M

    $4,325/mo

    Zestimate® history
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    What's special

    Vaulted ceilingsHigh vaulted ceilingGreen gardenBrick fireplaceSpacious hall landingPlantation shuttersSeparate shower
    Amazing home! is located in charming old Torrance, originally 4 bedroom turn into 3 bedroom. Equipped with AC and 2 years old roof. This warm and inviting traditional style home is a delight. This a free-standing Condominium that shares the lot with another free standing Condominium neighbor. A green garden greets visitors with trees that lines one way street that provides a lovely ambience. Gorgeous 2 double glass -door entry take you to spacious living room with high vaulted ceiling, leading to a family room. Floorplan flows thru a large family room with brick fireplace. Natural light surrounds the adjacent eat-in kitchen with a garden window and breakfast bar. Thermador double ovens, Kitchen Aid gas cooktop. From the family room, a sliding door provides direct access to tranquil rear patio garden with pleasant greenery that can provide excellent outdoor entertainment and everyday enjoyment. Separate laundry room and Pantry plus the 1/2 bathroom to complete first level. Stairs leads to the 2nd floor spacious hall landing with a lot of storage space and second double -sink bathroom. Magnificent primary bedroom features: vaulted ceilings, plantation shutters, skylines ceiling fan, mirrored wardrobes, and 3rd double- sink bathroom with big size bathtub and separate shower. Spacious second bedroom (2 bds turn into 1), features carpet floor, and double mirrored closet. 3rd barroom with mirrored closet and carpet floor. 2 car attached garage with direct access to house. In the heart of South Bay, just few minutes from Old Torrance, shopping, malls, dining and beaches. New owner to verify Square footage if need it.

    Zillow last checked:

    Listing updated:

    Listed by:

    Blanca Luz Chapman DRE #01223724 310-489-9278,

    Peninsula Realty, Inc.

    Bought with:

    Vanessa Neiberg, DRE #02046403

    HouseMe

    Source: CRMLS,MLS#: SB23204195MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Pantry
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Dual Sinks, Separate Shower, Tile Counters, Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Tile Counters
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Gas Cooktop, Refrigerator
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Tile Counters, All Bedrooms Up, Walk-In Pantry
    • Flooring: Carpet, Laminate, Wood
    • Doors: Double Door Entry, Mirrored Closet Door(s), Sliding Doors
    • Windows: Blinds, Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,173 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front Door
    • Patio & porch: Concrete, Front Porch, Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,002 Square Feet
    • Features: Front Yard, Garden, Sprinkler System
    Details
    • Parcel number: 7355010025
    • Zoning: TORR-LM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    HOA
    • HOA name: Madrid AVE HOA
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $426/sqft
    • Tax assessed value: $943,500
    • Annual tax amount: $10,845
    • Date on market: 11/8/2023
    • Cumulative days on market: 63 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    2/6/2024Sold$925,000-11.9%$426/sqft
    Source: CRMLS #SB23204195 Report a problem
    1/11/2024Contingent$1,050,000$483/sqft
    Source: CRMLS #SB23204195 Report a problem
    1/3/2024Price change$1,050,000-4.4%$483/sqft
    Source: CRMLS #SB23204195 Report a problem
    12/13/2023Listed for sale$1,098,000$505/sqft
    Source: CRMLS #SB23204195 Report a problem
    12/9/2023Contingent$1,098,000$505/sqft
    Source: CRMLS #SB23204195 Report a problem
    12/7/2023Price change$1,098,000-4.4%$505/sqft
    Source: CRMLS #SB23204195 Report a problem
    11/25/2023Price change$1,149,000-4.2%$529/sqft
    Source: CRMLS #SB23204195 Report a problem
    11/8/2023Listed for sale$1,199,000+50.3%$552/sqft
    Source: CRMLS #SB23204195 Report a problem
    7/6/2018Sold$798,000$367/sqft
    Source: Public Record Report a problem
    6/11/2018Pending sale$798,000$367/sqft
    Source: Coldwell Banker Residential Brokerage - Palos Verdes-Beach Cities #PV18111714 Report a problem
    6/7/2018Price change$798,000-3.3%$367/sqft
    Source: Coldwell Banker Residential Brokerage - Palos Verdes-Beach Cities #PV18111714 Report a problem
    5/17/2018Listed for sale$825,000+8.7%$380/sqft
    Source: Coldwell Banker Residential Brokerage - Palos Verdes-Beach Cities #PV18111714 Report a problem
    11/11/2016Listing removed$759,000$349/sqft
    Source: Heyler Realty #16146000_CLAW Report a problem
    11/11/2016Pending sale$759,000+3.3%$349/sqft
    Source: Heyler Realty #16146000_CLAW Report a problem
    11/10/2016Sold$735,000-3.2%$338/sqft
    Source: CLAW #16146000 Report a problem
    8/23/2016Price change$759,000-11.5%$349/sqft
    Source: Heyler Realty #16146000 Report a problem
    7/23/2016Listed for sale$858,000+135.1%$395/sqft
    Source: Heyler Realty #16146000 Report a problem
    5/11/2000Sold$365,000$168/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,845 +8.6%$943,500 +8.1%
    2024$9,986 +1.9%$872,726 +2%
    2023$9,800 +1.4%$855,614 +2%
    2022$9,668 +1%$838,838 +2%
    2021$9,568 +1.5%$822,392 +1%
    2020$9,423 $813,960 +2%
    2019$9,423 +8.7%$798,000 +6.4%
    2018$8,672 $749,700 +2%
    2017$8,672 +2.2%$735,000 +55.1%
    2016$8,489 +53.3%$473,884 +1.5%
    2015$5,539 +4.9%$466,766 +2%
    2014$5,282 $457,624 +2.5%
    2012-- $446,625 +2%
    2011-- $437,869 +0.8%
    2010-- $434,598 -0.2%
    2009-- $435,632 +2%
    2008-- $427,091 +2%
    2007-- $418,717 +2%
    2006-- $410,508
    2005-- $410,508 +4%
    2004-- $394,570 +1.9%
    2003-- $387,339 +2%
    2002-- $379,745 -0.1%
    2000-- $380,000
    Find assessor info on the county website

    Neighborhood: Olde Torrance

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Torrance

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,297,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,297,400

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