5132 Newton Street Torrance, 90505

Bedrooms:
3
Bathrooms:
3
Square Feet:
1,600 sqft
Price $1,400,000 .00
Approx /month
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Sale Price:
$1,400,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
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Total Down Payment:
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Property Tax: (year)
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Virtual Tour of 5132 Newton Street , Torrance 90505

Property Description

This is a major opportunity to build an ADU and/or Jr ADU with an incredible view on a 1/3rd acre lot in the wonderful Hollywood Riviera neighborhood of South Torrance, only a short distance from Riviera Elementary, Richardson Middle, and South High School and several great parks. There's an existing 3-bed, 2.5 bath, ~1600 sqft single level, single family home and 2-car garage at the base of the lot, with 2/3rds of hilly lot waiting for your improvements. Use Satellite View to see how some of the neighbors have built on their hilly lots. The home has so much potential for someone looking to turn their dream into a reality. The existing home has a primary suite with a big walk-in closet, a full bath in the hall, another bedroom, and an office suite with a half bath. The bonus room at the rear of the lot provides additional space for play space or an office. Talk to the City of Torrance Planning Division about developing additional units!

General Information

Listing Attribution:
eXp Realty of California Inc 4242593830
Listing Agent:
Alex Smith
CalBRE#:
01859768
Price:
$1,400,000
Status:
Active
Listing Updated:
7/14/2024
List Date:
7/3/2024
Close Date
Square Feet:
1,600
Bedrooms:
3
Bathrooms:
3
Garage Spaces:
2.00
Year Built:
1954
City:
Torrance
Zip:
90505
County:
Los Angeles
MLS ID:
SB24136864
Buyer Brokerage Compensation:
1.500%
Buyer Brokerage Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Built-in Features, Bar
Exterior Features:
Appliances:
Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Dryer, Washer
Flooring:
Laundry:
Inside, Laundry Room
Architectural Style:
Levels:
One
Fireplace Features:
Family Room
Cooling:
None
Heating:
Central
Utilities:
Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:
No Stairs

Community Information

MLS Area:
128 - Hollywood Riviera

Lot Information

Lot Size (sq feet):
13,473

Location Information

Directions:
From PCH, head SW on Calle Mayor, then make the first left on Newton St, home is about 250ft down the street on the right hand side

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

5132 Newton Street Torrance CA 90505

Property Type:
Bedrooms:
Bathrooms:
Interior SqFt:
Interior Stories:
Year Built:
There are no comparable closed properties available at this time.
There are no comparable active properties available at this time.