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 t
MLS #
CRPV24157306
MLS Source
California Regional MLS
Appliances
Other, Oven - Gas
Fireplace
None
Flooring
Laminate
Laundry
In Laundry Room, Other
Cooling
None
Heating
Central Forced Air
Pool
None
Style
Contemporary
Garage/Parking
Assigned Spaces, Attached Garage, Garage, Gate/Door Opener, Garage: 4 Car(s)
Elementary District
Torrance Unified
High School District
Torrance Unified
HOA Fee
$0
Zoning
TORR-LM
1737 Fern Ave is a Duplex in Torrance, CA 90503. This 3,260 square foot property sits on a 7,501 Sq Ft Lot and features 8 bedrooms & 4 full bathrooms. It is currently priced at $1,700,000 and was built in 1951.
This address can also be written as 1737 Fern Ave, Torrance, CA 90503.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 03, 2024. For the most current information, please contact Bruce Ellison, (310) 373-7878