Los Angeles County  »  90501  »  Madrid Ave  »  1508 Madrid Ave

1508 Madrid Avenue, Torrance, CA 90501 Property Information

1508 Madrid Avenue, Torrance, CA 90501 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1508 Madrid Avenue, Torrance, CA 90501
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Address

Primary address 1508 Madrid Avenue, Torrance
Zip code 90501
County Los Angeles
Municipality Torrance
Neighborhood Old Torrance

Sales & Tax Overview for 1508 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 06/18/1997
Sale price $190,000
Arm's length
Current property tax $4,005

Lot & Building Information for 1508 Madrid Avenue, Torrance

Building sqft 1,284
Total sqft 1,994
Building class Double, Duplex or Two Units - 4 Stories or Less (0200)
Acreage 0.161
Buildings on lot 2
Units 2
Year built 1942
Year last altered
Stories 4
Bedrooms 2
Bathrooms 1
Heating/AC Floor/wall heating
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Two Family Residential (R2)
Weed hazard No
School district Torrance Unified School District

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Other Property Data for 1508 Madrid Avenue, Torrance

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About 1508 Madrid Avenue, Torrance

What is the year built & the total sq. ft. for 1508 Madrid Avenue, Torrance, CA 90501?

1508 Madrid Avenue, Torrance, CA 90501 was built in 1942 and has a total of 1,284 square feet.

What is the assessed value of 1508 Madrid Avenue, Torrance, CA 90501 and the property tax paid?

Assessed at $315,612, the tax amount paid for 1508 Madrid Avenue, Torrance, CA 90501 is $3,482.

When was 1508 Madrid Avenue, Torrance, CA 90501 last sold?

1508 Madrid Avenue, Torrance, CA 90501 was last sold in 05/01/2008.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 1508 Madrid Avenue, Torrance

Create a free account to view the complete sales history for 1508 Madrid Avenue, Torrance, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
06/18/1997 $190,000

Title Documents for 1508 Madrid Avenue, Torrance

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
02/23/2021 Trust Deed 03/01/2051
05/25/2012 Trust Deed 06/01/2042
05/01/2008 Deed
06/18/1997 Deed
06/18/1997 Deed
06/18/1997 Deed
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R: Recorded date
D: Document date

Property Taxes for 1508 Madrid Avenue, Torrance

Access detailed property tax data for 1508 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 $3,482
Current property tax $4,005
Market value $315,612
Tax per sqft $2

Special Assessments And Penalties for 1508 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 1508 Madrid Avenue, Torrance

Here's the assessment & property tax history for 1508 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 $315,612 1.1033 $3,482 +1.41%
2024-2025 $309,424 1.1097 $3,434 +1.96%
2023-2024 $303,358 1.1101 $3,368 +1.36%
2022-2023 $297,411 1.1171 $3,322 +1.70%
2021-2022 $291,580 1.1205 $3,267 +1.56%

Permits for 1508 Madrid Avenue, Torrance

The complete history of permits filed for 1508 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.

Data not available for this property.

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.

Check out recently sold homes in Torrance and see how their prices compare.

Risk

Create a free account to unlock extended information for 1508 Madrid Avenue, Torrance, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

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

Access the detailed traffic volume map for 1508 Madrid Avenue, Torrance to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Nativity School NR Private K-8 278 0.15
Nativity Catholic School NR Private K-8 267 0.15
Branch Of Hope School NR Private 1-12 28 0.18
The Chldren's Place NR Private 1-5 11 0.26
The Children's Place Montessori School NR Private PK-K 27 0.31

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Nativity School NR Private K-8 278 0.15
Nativity Catholic School NR Private K-8 267 0.15
Branch Of Hope School NR Private 1-12 28 0.18
Gene Drevno Community Day School NR Public 7-12 18 0.55
Switzer Learning Center NR Private 6-12 80 0.79

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Branch Of Hope School NR Private 1-12 28 0.18
Torrance High School 9 Public 9-12 1,999 0.41
Pacific Lutheran High School NR Private 9-12 70 0.50
Gene Drevno Community Day School NR Public 7-12 18 0.55
Southern California Roc School NR Public 10-12 0 0.62

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1508 Madrid Avenue, Torrance

Here are the neighbors for 1508 Madrid Avenue, Torrance.

Address Square feet Purchase date Purchase price
1511 Amapola Ave, Torrance 1,352 09/10/2021 $1,071,000
1504 Madrid Ave, Torrance 792 03/11/2004
1422 Madrid Ave, Torrance 2,658 11/04/2024
2321 Sonoma St, Torrance 1,366 05/12/2023 $670,000
1507 Amapola Ave, Torrance 1,378 12/16/2021
1514 Madrid Ave, Torrance 1,080 11/24/2004 $473,504
1521 Amapola Ave, Torrance 1,708 11/10/2004 $665,006
1419 Amapola Ave, Torrance 972 02/18/2021
1423 Amapola Ave, Torrance 1,798 08/13/2021
2317 Sonoma St, Torrance 1,242 06/25/2015 $649,000
1415 Amapola Ave, Torrance 1,242 07/25/2017
2326 El Dorado St, Torrance 936 08/17/2004 $500,005
2322 El Dorado St, Torrance 936 08/25/2016 $545,000
2318 El Dorado St, Torrance 936 04/09/2025 $1,120,000
2325 Sonoma St, Torrance 1,344 10/02/2013
1418 Madrid Ave, Torrance 1,029 11/13/2002 $340,003
1414 Madrid Ave, Torrance 1,404 08/12/2020 $905,000
1515 Amapola Ave, Torrance 1,336 08/04/2003
1519 Amapola Ave, Torrance 1,162
1503 Amapola Ave, Torrance 936 07/05/2022

Nearby ZIP Codes for 1508 Madrid Avenue, Torrance

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