1738 Martina Ave

Torrance, CA 90501 View Map $1,115,000 Ask a Question
Sq.Ft. Lot5,038
Year1927
1738 Martina Ave in Torrance, CA - MLS# SB23007940 Photo 1
1738 Martina Ave in Torrance, CA - MLS# SB23007940 Map

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Status: Sold
Property Type:Duplex
MLS #:SB23007940
Date Sold:2/16/2023
Lot Size:5,038 Sq. Ft.
County:Los Angeles
Charming Spanish style bungalows that were built in 1927 have been meticulously maintained in the wonderful area of Old Torrance. Both units include hardwood floors, arches, molding and period lighting throughout. Highlights include style and quality throughout, a new roof installed in 2022, restored brass hardware and newer windows, a private laundry room in each unit, and each unit has a one car garage. The large sitting deck off of the rear bedroom overlooks a lush professionally landscaped backyard and flagstone pavers. The quaint patio is perfect for sipping your morning coffee with a view of beautiful queen palms out front. This is an amazing opportunity for an owner occupant or a terrific income property - turnkey. Subject to seller's 1031 exchange at no cost to buyer. *Interior Photos are prior to the tenants last move in.*

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/17/2023$1,100,000$1,115,0001.4%

Community Information

Address:1738 Martina Ave, Torrance, CA 90501
Area:134 - Old Torrance
County:Los Angeles
City:Torrance
Zip Code:90501

Architecture

Year Built:1927
Stories:1
Style:Spanish
Building Area: 1942.0
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,125 actual rent • $2,125 total rent • $2,400 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,225 actual rent • $2,225 total rent • $2,500 pro forma
Garage Spaces: 2.0

Features / Amenities

Interior Features: AllBedroomsDown
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
Flooring: Wood
Laundry: Inside
Common Walls: 1 Common Wall
Parking Features: Garage
Parking Total: 2.0
Heating: Floor Furnace

Rooms

Bedroom

Property Features

Lot Size: 0.12 Acres / 5,038 Sq. Ft.
Lot Features: Back Yard, Front Yard, Landscaped
Utilities: Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Zoning:TORR-LM
Directions:Carson St. to Martina

Tax and Financial Info

Buyer Financing: CashtoLoan
Gross Income: $43,100
Gross Scheduled Income: $52,200
Net Operating Income: $30,200
Insurance Expense: $1,100
Maintenance Expense: $4,000
New Taxes Expense: $12,900
Trash Expense: $682
Water/Sewer Expense: $1,328
Other Expense: $2,000
Terms: CashtoNewLoan

Listing Agent/Office

Agent:Donald McVicar
Office:Plg Estates Inc
Broker Phone:310-283-0366

Co-Listing Agent/Office

Agent Name:Greg Geilman
Office Name:Plg Estates Inc

Schools

WALKING AND TRANSPORTATION

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Based on information from California Regional Multiple Listing Service, Inc. as of July 20, 2024. 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. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.