Los Angeles County  »  90501  »  Madrid Ave  »  590 Madrid Ave

590 Madrid Avenue, Torrance, CA 90501 Property Information

590 Madrid Avenue, Torrance, CA 90501 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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590 Madrid Avenue, Torrance, CA 90501
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Address

Primary address 590 Madrid Avenue, Torrance
Alternate address(es) 580 Madrid Ave
Zip code 90501
County Los Angeles
Municipality Torrance
Neighborhood Old Torrance

Sales & Tax Overview for 590 Madrid Avenue, Torrance

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/30/1995
Sale price $416,500
Arm's length
Current property tax $25,943

Lot & Building Information for 590 Madrid Avenue, Torrance

Building sqft 20,400
Building class Warehousing, Distribution, 10000 to 24999 Square Feet - One Story (3310)
Acreage 0.991
Units 2
Year built 1997
Year last altered 1998
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Torrance Unified School District

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Other Property Data for 590 Madrid Avenue, Torrance

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About 590 Madrid Avenue, Torrance

How many square feet does 590 Madrid Avenue, Torrance, CA 90501 have?

This Warehousing, Distribution, 10000 to 24999 Square Feet - One Story (3310) located at 590 Madrid Avenue, Torrance, CA 90501 has a total of 20,400 square feet.

What is the year built & the current market value of 590 Madrid Avenue, Torrance, CA 90501?

590 Madrid Avenue, Torrance, CA 90501 was built in 1997 and has a current tax assessor's market value of $2,014,530.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 590 Madrid Avenue, Torrance

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Purchase date Purchase price Buyer name Seller name
06/30/1995 $416,500

Title Documents for 590 Madrid Avenue, Torrance

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/15/2021 Subordination
01/15/2021 Agreement
Subordination
01/15/2021 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
01/14/2021 Quitclaim Deed
(Reappraisal transfer - no DTT - Single parcel sale)
04/27/2017 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
06/30/1995 Deed
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R: Recorded date
D: Document date

Property Taxes for 590 Madrid Avenue, Torrance

Access detailed property tax data for 590 Madrid Avenue, Torrance, CA 90501. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $22,226
Current property tax $25,943
Market value $2,014,530

Special Assessments And Penalties for 590 Madrid Avenue, Torrance

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06205 County Sanitation District #5
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
31051 Mwd Water Standby Charge #11

Assessment History for 590 Madrid Avenue, Torrance

Here's the assessment & property tax history for 590 Madrid Avenue, Torrance, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $2,014,530 1.1033 $22,226 +1.41%
2024-2025 $1,975,051 1.1097 $21,917 +1.96%
2023-2024 $1,936,326 1.1101 $21,495 -66.37%
2022-2023 $5,722,200 1.1171 $63,923 +206.52%
2021-2022 $1,861,138 1.1205 $20,854 +1.56%

Permits for 590 Madrid Avenue, Torrance

The complete history of permits filed for 590 Madrid Avenue, Torrance, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
06/06/2012
             
             
             
             
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Torrance residential market stats

Median Sale Price
$1,090,000
-2.8% YoY
Median Price/Sqft
$708
-3.4% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Torrance so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Torrance and compare it to other neighborhoods in Los Angeles County.

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Demographics by Zip Code

Total population 41,787
Median age 38.7
Average household income $128,490
Family households 65.4%
Occupied housing units 14,870
Owner occupied units 43.6%
Average number of people per household 2.78
Median year structure built 1964
Median value for units with a mortgage $946,900
Median value for units without a mortgage $883,200

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 590 Madrid Avenue, Torrance

Here are the neighbors for 590 Madrid Avenue, Torrance.

Address Square feet Purchase date Purchase price
2665 Columbia St, Torrance 58,758 11/08/2019 $10,200,500
555 Van Ness Ave, Torrance 36,000 08/20/2020
434 Alaska Ave, Torrance 19,938 11/06/2025
570 Madrid Ave, Torrance 11,888 06/28/2013
373 Van Ness Ave, Torrance 23,165 01/22/2009
2280 W 208th St, Torrance 24,805 12/15/2011
530 Alaska Ave, Torrance 20,020 02/28/2008
20701 Manhattan Pl, Torrance 35,089 06/15/1999
2805 Columbia St, Torrance 81,760 03/01/2006
2301 Dominguez Way, Torrance 42,469 03/20/2019
2835 Columbia St, Torrance 30,220 10/01/2021 $11,605,000
510 Madrid Ave, Torrance 66,435 05/11/2020 $18,150,500
414 Alaska Ave, Torrance 20,600 03/08/2010
401 Van Ness Ave, Torrance 68,824
501 Amapola Ave, Torrance 35,599 10/28/2019 $9,600,000
357 Van Ness Ave, Torrance 24,792 01/22/2009
500 Alaska Ave, Torrance 31,095 03/20/2025
1717 Torrance Blvd, Torrance 13,220 02/06/2018
2815 Columbia St, Torrance 46,097
20665 Manhattan Pl, Torrance 86,864 03/30/2000 $6,000,060

Nearby ZIP Codes for 590 Madrid Avenue, Torrance

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