Torrance, CA 90501,1537 Marcelina AVE

$1,163,000

$1,195,000

2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,250 Sqft Lot


SOLD DATE : 03/01/2022

Key Details

Sold Price $1,163,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21268906

Sold Date 03/01/22

HOA Y/N No

Year Built 1922

Lot Size 6,250 Sqft

Property Description

RARE opportunity to own in the historic district of Old Torrance. Built in 1922, this charming craftsman duplex has had only 3 owners in 100 years! Location can not be beat being 1 street from El Prado allowing for walking distance to all that Old Torrance has to offer including: El Prado Park, authentic cuisine restaurants, shopping, bakery, craft breweries, antique stores, boutiques…all within about a 4 mile drive to the beach! This R-3 lot consists of 2 separate homes each with its own front & backyards and both with charming front porches. A tall fence and fruit trees provide extremely unique privacy between the 2 houses. Inside exudes charm with the style of years gone by. The front house has the original (interior re-built) brick fireplace, built-in cabinets and also a built-in breakfast nook. The back house also has original built-ins and newer flooring. Both homes come with the crown molding and all the charm one would expect from this era. An A+ location has provided a very strong rental demand. A detached garage includes laundry & storage for both units. There is also a great convertible space w/ a kitchenette & vaulted ceiling which can be used as an office/gym/studio etc. In addition to being in such an INCREDIBLE location, this property is located in the Torrance Unified School District. Imagine the untapped opportunities in upgrading & adding value to this already historic duplex lot. Great for owner occupied w/ income producing unit, multi-generational families or simply bring rents up to current market rates. This is a no brainer!! (see supplements for more detailed info)

Location

State CA

County Los Angeles

Area 134 - Old Torrance

Zoning TODC-CTR

Interior

Heating Floor Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry In Garage

Exterior

Parking Features Driveway

Carport Spaces 1

Fence Wood

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story One

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7355022020

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Trade

Special Listing Condition Standard, Trust

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CRMLS – RECore
Listed by Colleen Hartley Bayside
Bought with Rob McGarry Vista Sotheby’s International Realty

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Kris Rainwaters
Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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