Closed

5101 Merrill Street

Torrance CA, 90503

$1,700,000


$861.20 per sqft

Closed

4 Beds

2.75 Baths

1,974 sqft

Residential

Built in 1955

Listed by John Briscoe with Re/Max Estate Properties 310-378-9889

This is really a one of a kind property done with top of the line materials and craftsmanship. The front of the main house faces south and gets all the great sun and light and of course those cool ocean breezes. No expense was spared in creating this beautiful Southwood home. All new kitchen with state of the art appliances, separate laundry room with storage and cabinet space. Brand new roof, tankless water heaters, new top of the line double pane windows and doors throughout. New flooring & interior paint, new exterior stucco and paint, new sod and sprinklers front and back, newly poured porches and walkways. New gates, all remodeled bathrooms, new flooring throughout, recessed lighting, new switches and hardware. Spacious backyard & patio area perfect for summer BBQ's. Detached two car garage and long driveway which is gated so great place for kids to play or if you have an RV or boat why rent storage space. This is where it gets fun. Above the two car garage is a fully permitted and separately addressed, fully contained studio apartment. This unit is also all remodeled with a new kitchen, bathroom, heating, windows, flooring, doors and upgraded appliances. Laundry inside as well. Perfect for visiting family, older kids or create market rents for a wonderful investment. Projected rents if you were to buy it all for investment is $4500 for the front unit and $2200 for the separate unit. Both units have separate electric meters. Rare opportunity to move in , not do anything and create cash flow all while living on of the best streets in Southwood. From the unit above garage you have awesome view of Palos Verdes to the South and to the North you have mountain and city views and the flight patterns from LAX. Award winning Anza, Jefferson and West High Schools, state of the art medical facilities close by as well as world class shopping at the Del Amo Mall. **additional photos and virtual tour coming soon**

SB22133843

MLS ID

June 20, 2022

Listed

May 9, 2024

Updated

Map

5101 Merrill Street
Torrance CA, 90503

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2.75


Interior Features

High Ceilings, Recessed Lighting, Galley Kitchen, Primary Suite


Appliances

Dishwasher, Gas Range, Tankless Water Heater


Laundry Description

Inside


Floor Description

Laminate


Fireplace

Yes


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

2-5 Units/Acre, Back Yard, Front Yard, Yard


Architectual Style

Traditional


Roof

Composition


Sewer

Public Sewer

School Information

School District

Torrance Unified


High School

West


Elementary School

Anza

Other Property Details

Area Name

130 - Southwood


Days on Market

31


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage


Parking Total

2


View

Yes


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

TORR-LO


Buyer Agency Compensation

2.5%

Listing Contact: 310-378-9889 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:07 PM UTC

 

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