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.
Sold for $1,700,000
Listed by: Estate Properties • Bruce Ellison • Contact: 310-373-7878
Bought with: Estate Properties
Tax assessed value
$1,700,000
1737 Fern Ave, Torrance, CA 90503
8beds
3,260sqft
Duplex
Built in 1951
7,501 Square Feet Lot
$1,911,900 Zestimate®
$521/sqft
$6,566 Estimated rent
Home value
$1,911,900
$1.72M - $2.12M
$6,566/mo
Zestimate® history
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$10,718/mo
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Zillow last checked:
Listing updated:
Listed by:
Bruce Ellison DRE #00594480 310-710-1444,
Estate Properties
Bought with:
Vidya Naik, DRE #00899743
Estate Properties
Source: CRMLS,MLS#: PV24157306
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Laundry
Bathroom
- Features: Bathtub, Dual Sinks, Remodeled, Separate Shower, Tub Shower
Kitchen
- Features: Granite Counters
Heating
- Central
Cooling
- None
Appliances
- Included: Gas Oven
- Laundry: Inside, Laundry Room
Features
- Granite Counters, Tile Counters
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,260 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Door-Multi, Driveway Level, Garage, Garage Door Opener
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1st Floor
- Patio & porch: Concrete
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
Lot
- Size: 7,501 Square Feet
- Features: Back Yard, Front Yard
Details
- Additional structures: Second Garage
- Parcel number: 7359020054
- Zoning: TORR-LM
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Duplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $1,700,000
- Annual tax amount: $19,439
- Date on market: 7/31/2024
- Cumulative days on market: 10 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2024 | Sold | $1,700,000+0.3%$521/sqft |
Source:  CRMLS #PV24157306 Report a problem | ||
| 8/11/2024 | Pending sale | $1,695,000$520/sqft |
Source: CRMLS #PV24157306 Report a problem | ||
| 7/31/2024 | Listed for sale | $1,695,000$520/sqft |
Source: CRMLS #PV24157306 Report a problem | ||
| 1/20/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 1/14/2022 | Price change | $3,995-11.2%$1/sqft |
Source: RE/MAX International #PV22000273 Report a problem | ||
| 1/3/2022 | Listed for rent | $4,500$1/sqft |
Source: RE/MAX International #PV22000273 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,439 +206.9% | $1,700,000 +229.9% |
| 2024 | $6,334 +1.8% | $515,328 +2% |
| 2023 | $6,223 +1.3% | $505,225 +2% |
| 2022 | $6,140 +2.1% | $495,319 +2% |
| 2021 | $6,016 +1.5% | $485,608 +1% |
| 2020 | $5,928 | $480,629 +2% |
| 2019 | $5,928 +5.7% | $471,206 +2% |
| 2018 | $5,607 | $461,967 +2% |
| 2017 | $5,607 +2.1% | $452,910 +2% |
| 2016 | $5,491 +3% | $444,031 +1.5% |
| 2015 | $5,332 +4.7% | $437,362 +2% |
| 2014 | $5,094 | $428,795 +5.3% |
| 2010 | -- | $407,220 -0.2% |
| 2009 | -- | $408,189 +4% |
| 2007 | -- | $392,340 +2% |
| 2006 | -- | $384,648 +4% |
| 2004 | -- | $369,714 +1.9% |
| 2003 | -- | $362,939 +2% |
| 2002 | -- | $355,823 +4% |
| 2000 | -- | $342,008 |
Find assessor info on the county website
Neighborhood: Madrona
Nearby homes
- $1,700,0008 bd4 ba3.2k sqft1737-1739 S Fern Ave, Torrance, CA 90503Sold
- $1,032,8002 bd3 ba2.5k sqft1743 Fern Ave, Torrance, CA 90503Off Market
- $1,271,4003 bd1 ba1.6k sqft1731 Fern Ave, Torrance, CA 90503Off Market
- $1,099,7003 bd2 ba1.5k sqft1741 Fern Ave, Torrance, CA 90503Off Market
- $1,598,800-- bd-- ba3.9k sqft1745 Fern Ave, Torrance, CA 90503Off Market
- $1,188,4003 bd2 ba1.5k sqft1727 Fern Ave, Torrance, CA 90503Off Market
- $1,098,6003 bd2 ba1.3k sqft1719 Fern Ave, Torrance, CA 90503Off Market
- $951,1003 bd1 ba1.1k sqft1751 Fern Ave, Torrance, CA 90503Off Market
Nearby schools
GreatSchools rating
- 8/10Fern Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Madrona Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Torrance High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Fern
- 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
$1,911,900
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Estimated market value
$1,911,900
- California
- Los Angeles County
- Torrance
- 90503
- Madrona
- 1737 Fern Ave
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