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A very rare to find in the desirable area in Torrance, relatively newer construction in the neighborhood. 1612 and 1614 Madrid Ave. is same assessed number and sold together. 1612 is detached 3 Bed/2.5 Bath 2 story house (approx. 1,800sqft.) and 1614 is 5 units of 2 Bed/2 Bath Townhouse style 3 story building (approx. 1,200sqft each). Both building has own laundry space and 2 car garage. Electric and Gas maters are separated each unit. Floor plan for house is living, dining, family room, kitchen and 1/2 bath in first floor and all 3 beds, 2 baths and laundry in second floor. Garage is other side of their private yard. Townhouses are garage and entry at first floor. living, dining, kitchen, laundry, 1 bed and 1 bath in second floor. Specious master bed/bath and extra large private patio in 3rd floor. Building has few extra storage rooms and tenants using some of those. City of Torrance has no rent control. Current rent is low, the possibility of price increases. Great school reputation, parks and shopping are near by so easy to find tenant. Drive by only and please do not disturb tenants. Offer subject to inspection. Buyer to cooperate seller's 1031 exchange.One of the owner is real estate broker. MLS data is information only. Please verify by buyer.
Listing agent: Harumi Kiyota DRE #01224820 harumikiyota@msn.com, Listing office: Harumi Kiyota
MLS data updated 11/1/2026, 12:25:20 AM PT
Source: CRMLS, MLS #: SB16057706
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May 6, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90501 · Nov 2026
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