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1503 Madrid Avenue, Torrance, CA 90501 Property Information

1503 Madrid Avenue, Torrance, CA 90501 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1503 Madrid Avenue, Torrance, CA 90501
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Address

Primary address 1503 Madrid Avenue, Torrance
Zip code 90501
County Los Angeles
Municipality Torrance
Neighborhood Old Torrance

Sales & Tax Overview for 1503 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 07/15/1994
Sale price $183,000
Arm's length
Current property tax $3,761

Lot & Building Information for 1503 Madrid Avenue, Torrance

Building sqft 1,046
Building class Single Family Residence (0100)
Acreage 0.161
Units 1
Year built 1948
Year last altered
Bedrooms 3
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 1503 Madrid Avenue, Torrance

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  • • Improvements for 1503 Madrid Avenue, Torrance , including their type, square footage, grade and when they were built.
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About 1503 Madrid Avenue, Torrance

What is the year built & the total sq. ft. for 1503 Madrid Avenue, Torrance, CA 90501?

1503 Madrid Avenue, Torrance, CA 90501 was built in 1948 and has a total of 1,046 square feet.

What is the assessed value of 1503 Madrid Avenue, Torrance, CA 90501 and the property tax paid?

Assessed at $313,497, the tax amount paid for 1503 Madrid Avenue, Torrance, CA 90501 is $3,458.

When was 1503 Madrid Avenue, Torrance, CA 90501 last sold and what was the last sale price?

1503 Madrid Avenue, Torrance, CA 90501 was last sold in 07/15/1994 for $183,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
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.
Research 100M+ property records powered by:
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Past Sales & Property History for 1503 Madrid Avenue, Torrance

Create a free account to view the complete sales history for 1503 Madrid Avenue, Torrance, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
07/15/1994 $183,000

Title Documents for 1503 Madrid Avenue, Torrance

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/10/2022 Release Government Lien
03/14/2011 Trust Deed
07/15/1994 Deed
               
               
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R: Recorded date
D: Document date

Property Taxes for 1503 Madrid Avenue, Torrance

Access detailed property tax data for 1503 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 $3,459
Current property tax $3,761
Market value $313,497
Tax per sqft $3

Special Assessments And Penalties for 1503 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 1503 Madrid Avenue, Torrance

Here's the assessment & property tax history for 1503 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 $313,497 1.1033 $3,459 +1.41%
2024-2025 $307,351 1.1097 $3,411 +1.96%
2023-2024 $301,325 1.1101 $3,345 +1.36%
2022-2023 $295,418 1.1171 $3,300 +1.70%
2021-2022 $289,626 1.1205 $3,245 +1.55%

Permits for 1503 Madrid Avenue, Torrance

The complete history of permits filed for 1503 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
10/12/2015
08/21/2006
             
             
             
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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.

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

Risk

Create a free account to unlock extended information for 1503 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 1503 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 0.14
Nativity Catholic School NR Private K-8 267 0.14
Branch Of Hope School NR Private 1-12 28 0.19
The Chldren's Place NR Private 1-5 11 0.22
The Children's Place Montessori School NR Private PK-K 27 0.26

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Nativity School NR Private K-8 278 0.14
Nativity Catholic School NR Private K-8 267 0.14
Branch Of Hope School NR Private 1-12 28 0.19
Gene Drevno Community Day School NR Public 7-12 18 0.57
First Lutheran NR Private K-8 314 0.77

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Branch Of Hope School NR Private 1-12 28 0.19
Torrance High School 9 Public 9-12 1,999 0.45
Pacific Lutheran High School NR Private 9-12 70 0.49
Gene Drevno Community Day School NR Public 7-12 18 0.57
Southern California Roc School NR Public 10-12 0 0.62

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

Neighbors for 1503 Madrid Avenue, Torrance

Here are the neighbors for 1503 Madrid Avenue, Torrance.

Address Square feet Purchase date Purchase price
2353 Sonoma St, Torrance 890 03/11/2022 $1,000,000
1413 Madrid Ave, Torrance 1,621 09/09/2024
1507 Madrid Ave, Torrance 2,798 11/14/2008
1407 Madrid Ave, Torrance 2,712 08/21/2015 $1,120,000
1522 Acacia Ave, Torrance 1,348 03/16/2021
1403 Madrid Ave, Torrance 1,086 04/11/2025 $1,043,500
2311 Sonoma St, Torrance 1,032 08/31/2023
2351 Sonoma St, Torrance 2,673 07/14/2017 $770,500
1521 Amapola Ave, Torrance 1,708 11/10/2004 $665,006
1516 Acacia Ave, Torrance 2,840 08/06/2001
2355 Sonoma St, Torrance 873 07/26/2021
1520 Acacia Ave, Torrance 1,470 08/05/2021
1512 Acacia Ave, Torrance 1,611 02/23/2024
1508 Acacia Ave, Torrance 1,402 07/10/2012
1421 Madrid Ave, Torrance 1,998 01/21/2010
1417 Madrid Ave, Torrance 2,453 06/20/2024 $1,708,000
2318 El Dorado St, Torrance 936 04/09/2025 $1,120,000
2367 Sonoma St, Torrance 726 10/13/2020 $720,000
1519 Amapola Ave, Torrance 1,162
1515 Amapola Ave, Torrance 1,336 08/04/2003

Nearby ZIP Codes for 1503 Madrid Avenue, Torrance

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