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3631 Newton Street

Torrance, CA 90505

0 Bd
0 Ba
5,728 Lot
$1,050,000 SOLD Price | Closed 5/2/23
Closed Status
160 Days on Market
Oct 4 First Day Active
$1,298,000 Start Price

Description

Major Price Reduction; First time on the market for over twenty years, free standing office building situated at the corner of Newton and Ward in Walteria area of South Torrance. extremely well maintained hard to find commercial building surrounded by some commercial and mainly single family residential uses. close proximity to shopping centers, offices, restaurants, Torrance Memorial Hospital and Torrance beaches.

building has been extremely well maintained, with new roof installed in 2017 and all windows are dual glazed, there are four offices, two restrooms and ample on site parking. there are four offices with two restrooms, ample on site parking plus street parking, ideal for owner user.

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Property Details for 3631 Newton Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Sheri Messerlian
Listing Brokered By
NAI Capital
Type
Commercial Sale, Office
Year Built
1961 (PublicRecords)
MLS Area
125 - Walteria

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
160 DOM
Combined DOM*
160
First Date Active
October 4th, 2022
Closing Date
May 2nd, 2023
Sold Price
$1,050,000
Orig. List Price
$1,298,000
MLS® #
SB22207422
APN
7534017008
Special
Standard

Home Interior Information

Heating
Forced Air
Cooling
Central Air

Room Information

Laundry
None

Exterior Information

Lot Description
Corner Lot
Lot Size (sq. ft.)
5,728
Lot Size (acres)
0.13
Parking Spaces
8

Utilities Information

Utilities
Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public

Additional Information

Zoning
R-1
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
125 - Walteria
City/State
Torrance
Zip Code
90505
County
Los Angeles
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Listing/Price History

3631 Newton Street, Torrance, CA (MLS® #SB22207422)

Date Details Price Change
Closed $1,050,000
Active Under Contract (from Active)
Price Reduced (from $1,298,000) $1,150,000 $148,000 (11.40%)
First Day Active $1,298,000
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Listing Summary

Quick Summary of 3631 Newton Street: This home in Torrance is priced at $1,150,000 . The Office residence was originally built in 1961 and was listed on October 4th, 2022 at $1,298,000, showing 160 Days on Market currently. Contact Dave Fratello today for more information or to go see 3631 Newton Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2024 at 5:50am PDT. 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.