5101 Merrill St, Torrance, CA 90503
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5101 Merrill St Torrance, CA 90503

$1,700,000 Sold Price as of 08/10/2022
  • 4 Beds
  • 2 Baths
  • 1,974 Sq.Ft.
Sold
$1,700,000 Sold Price as of 08/10/2022 Refinance Your Mortgage

Map preview of 5101 Merrill St, Torrance, CA 90503

Property Overview: 5101 Merrill St Torrance, CA has 4 bedrooms, 2 bathrooms, 1,974 living square feet and 5,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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**

Listed by John Briscoe | BRE #00692202 | Re/Max Estate Properties
Co-listed by Sandy Bruce | BRE #01968444 | Re/Max Estate Properties
Last checked: 8 minutes ago | Last updated: August 10th, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
5,300
HOA Dues
$0/mo
Year built
1955
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SB22133843
City
Torrance
County
Los Angeles
Time on Site
646 days

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 5101 Merrill St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Area
  • Flooring: Laminate
  • Galley Kitchen, Laundry, Living Room, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Tankless Water Heater
  • Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (3/4): 1
Interior Features
  • Copper Plumbing Partial, High Ceilings, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Vinyl
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
  • No Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7517025013
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Anza
  • Elementary School: ANZA
  • Middle/Junior High School: Jefferson
  • Middle/Junior High School: JEFFER
  • High School: West
  • High School: WEST
  • High School District: Torrance Unified
Location / Neighborhood
Location Information
  • Directions: South of Carson between PV Blvd and Anza
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Torrance Agent

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Sale History for 5101 Merrill St

Last sold for $1,700,000 on August 10th, 2022
  • August, 2022

  • Aug 10, 2022

    Date

    Sold

    CRMLS: SB22133843

    $1,700,000

    Price

  • Jun 24, 2022

    Date

    Active

    CRMLS: SB22133843

    $1,699,999

    Price

  • June, 2022

  • Jun 17, 2022

    Date

    Canceled

    CRMLS: OC22084772

    $1,699,999

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: OC22084772

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your new home in Southwood, Torrance. Completely remodeled main house (1,389sf) featuring three bedrooms, two bathrooms with an expanded and reconfigured open floor plan. Permitted brand new one of a kind detached (585sf) studio apartment/ADU/mother-in-law quarters/income property with a full kitchen and bathroom with washer/dryer hookups above two car detached garage with sink and storage cabinets. Everything is brand new with upgrades including: laminate vinyl waterproof flooring and plush carpet, LED recessed lighting, new cabinets, quartz countertops, stainless steel appliances, tankless water heaters, new roofs, and dual pane windows throughout. Walking distance to great Torrance schools, Anza elementary, Jefferson Middle School, and West High School. Nearby Del Amo Mall and Riviera Village for entertainment, shopping, and restaurants. Views from Palos Verdes, Malibu, San Bernardino Mountains, and the world famous Hollywood sign. 3D Virtual Tour: https://my.matterport.com/show/?m=WruNQ736dQv

  • May, 2021

  • May 18, 2021

    Date

    Sold

    CRMLS: SB21068237

    $1,110,000

    Price

  • May 10, 2021

    Date

    Pending

    CRMLS: SB21068237

    $999,000

    Price

  • Apr 11, 2021

    Date

    Active Under Contract

    CRMLS: SB21068237

    $999,000

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: SB21068237

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this lovely Southwood home that is awaiting your personal touch! Sitting neatly on one of the best streets, close to award winning schools, parks, medical facilities, and shopping this is the one you want to call your own! Originally a three bedroom home, one wall has been removed to combine two smaller bedrooms into a larger primary bedroom! The wall could easily be replaced to convert back to a three bedroom should you choose! Double pane windows, forced air heating, and indoor laundry are already done for you! Hardwood floors can be refinished to bring out their original glory! Not included in the square footage of the living space is a HUGE permitted bonus room that sits on top of the garage...perfect to convert in to an ADU, office space, movie room, or even a gym...options are endless! Detached garage allows for ample driveway space for RV or boat parking as well! Ample grassy back yard and patio. Home is calling...hurry!

  • August, 2005

  • Aug 23, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5101 Merrill St

Assessed Value (2020): $119,357
Year Land Value Improved Value Assessed Value
2020 $67,453 $51,904 $119,357

Home Value Compared to the Market

This property vs the competition

5101 Merrill St sold on August 10, 2022 for 70.85% higher than the current median sold price for the city of Torrance which is $995,000. The median sold price per/sqft for Torrance is $646 and this home is sold at $861.2 per/sqft which puts the price per square foot 33.31% higher than the current median sale per square foot for the city of Torrance.

About 5101 Merrill St

Detailed summary of property

5101 Merrill St is a single family home that recently sold in Torrance, CA 90503. This house offered 4 bedrooms, 2 bathrooms, roughly 1,974 living square feet, and sits on an approximately 5,300 square foot lot. 5101 Merrill St was first listed on ArdentRealEstateGroup.com on June 21, 2022. The homeowner sold the property for $1,700,000. Home in Torrance are selling for a median price of $995,000 and a median price per square foot of $646. Based on Ardent Real Estate Group's Torrance Market Data, this home is sold 70.85% higher than the current median priced home. Local homes that are currently for sale include 6301 W 77th St, 7449 Kentwood Ave and 7101 Dunfield Ave. While the average home in Torrance, CA is selling in 25 days, 5101 Merrill St has a days on market of 31 days. There are currently 199 homes for sale in the Torrance real estate market and 129 of them are single family homes while 36 of them are condos and 34 are townhomes. For more information on this home for sale at 5101 Merrill St Torrance, CA 90503 contact Ardent Real Estate Group and we will put you in touch with one of our Torrance agents.

Public Facts for 5101 Merrill St

Public county record property details
Beds
3
Baths
2
Year built
1955
Sq. Ft.
1,216
Lot Size
5,300
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
508
APN
7517-025-013

The source for these homes facts are from public records.

90503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,355,000
Median Sold Price/Sq.Ft.
$733
Total Inventory
47
Median Sale to List Price %
105.12%
Avg Days on Market
27
Loan Type
Conventional (36%), FHA (0%), VA (0%), Cash (24%), Other (36%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.