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1737 Fern Avenue

Torrance, 90503

8 Bd
4 Ba
3,260 Sqft
7,501 Lot
$1,695,000 Current Price
Pending Status
10 Days on Market
Jul 31 First Day Active
$1,695,000 Start Price

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.

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Property Details for 1737 Fern Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Bruce Ellison
Listing Brokered By
RE/MAX Estate Properties
Type
Residential, Duplex
Year Built
1951 (Assessor)
MLS Area
126 - Central Torrance

Price and MLS Information

Status
Pending | Listing History
MLS Days on Mkt.
10 DOM
Combined DOM*
10
First Date Active
July 31st, 2024
Current Price
$1,695,000
Current PPSF
$520
Orig. List Price
$1,695,000
MLS® #
PV24157306
APN
7359020054
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
8
Total Baths
4
Full Baths
3
Int. Sqft.
3,260
Flooring
Laminate, Vinyl
Heating
Central
Cooling
None
Appliances
Gas Oven
Int. Features
Granite Counters, Tile Counters
Fireplaces
None

Room Information

Room Type
Laundry
Laundry
Inside, LaundryRoom
Kitchen Features
Granite Counters
Bathroom Features
Bathtub, Shower, Shower in Tub, Double Sinks in Primary Bath, Remodeled

Exterior Information

Lot Description
Back Yard, Front Yard
Lot Size (sq. ft.)
7,501
Lot Size (acres)
0.17
Pool
None
Parking Spaces
4
Garage Spaces
4

View, Style & Tour Information

Style
Contemporary

Utilities Information

Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Electric
Standard
Water Source
Public

Additional Information

Prop. Condition
UpdatedRemodeled
Zoning
TORR-LM

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
126 - Central Torrance
City/State
Torrance
Zip Code
90503
County
Los Angeles
# of Units
2
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School Information

Elementary
Fern
High
Torrance
District
Torrance Unified
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Listing/Price History

1737 Fern Avenue, Torrance, (MLS® #PV24157306)

Date Details Price Change
Pending (from Active)
First Day Active $1,695,000
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Listing Summary

Quick Summary of 1737 Fern Avenue: This 8 Bedroom/4 Bathroom home in Torrance is priced at $1,695,000 ($520/PSF) . The 3,260 sqft. Duplex residence was originally built in 1951 and was listed on July 31st, 2024 at $1,695,000, showing 10 Days on Market currently. The nearest elementary school is Fern and the local high school is Torrance . Contact Dave Fratello today for more information or to go see 1737 Fern Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 7:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.