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$1,999,000

Beds
5
Baths
4.25
sq ft
3,003

5112 Towers St, Torrance, CA 90503

5112 Towers St

Torrance, CA 90503

  • 16 days on market
    • Open house Dec 22
Situated on a spacious corner lot and partially remodeled in 2024, this stunning home offers over 3,000 sq. ft. of luxurious living space. Featuring 5 bedrooms, 4.5 baths, and an entertainer’s dream layout, this residence is perfect for modern family living. The first floor boasts 2 bedrooms, a full bathroom, and a powder room, while the second floor offers 3 en-suite bedrooms, including a lavish master suite with a walk-in closet, fireplace, and private balcony – ideal for relaxation. The expansive great room flows seamlessly into the formal dining room, creating the perfect space for hosting gatherings. The gourmet kitchen is a chef’s delight, equipped with high-end Viking and Thermador stainless steel appliances, custom cabinetry, a built-in wine rack, and a generous granite island. Travertine and wood flooring elevate the elegance of the home, complemented by two fireplaces and abundant natural light. Outdoors, the private, oversized yard is beautifully landscaped with lush grass, mature plants, and fruit trees – a serene oasis for family activities or entertaining guests. Additional features include a central vacuum system, a built-in surround sound and intercom system both inside and out, and an extra-deep two-car garage with ample storage space. Conveniently located within walking distance of Tower Elementary School and Entradero Park, and close to highly ranked Bert M. Lynn Middle School and West High School. Just 2 miles from Redondo Beach Pier and King Harbor, with easy access to the 405, 110, and PCH, this home is near shopping, dining, and entertainment, making it a rare gem in a prime location.

Details

Property type

Single Family Residence

Est. home value

$1,722,996

Lot size

6,383 sq ft

Price per sq ft

$666

Year built

1954

HOA

No

Price History

12/06/2024
CRMLS

CRMLS #PW24245523

Listed
$1,999,000

Schools & Community

Neighborhood: 

West Torrance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Torrance Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America National Assn

Loan start date

September 2002

Original loan amount

$265,000

Est. remaining balance

$0

Interest rate

5.93%

Loan type

Not Provided, 15 year

Seller

Cheng Lu and Xinhong Wang

Lender

Bank Of America

Loan start date

November 2001

Original loan amount

$275,000

Est. remaining balance

$0

Interest rate

6.3%

Loan type

Not Provided, 15 year

Seller

Cheng Lu and Xinhong Wang

Lender

Washington Mutual Bank Fa

Loan start date

September 1998

Original loan amount

$339,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Cheng Lu and Xinhong Ang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 6:45 AM

Listing updated: 12/21/2024 at 4:50 PM

Listed by: Nancy Nam, First Team Real Estate Phone #: (562) 596-9911

MLS: CRMLS #PW24245523

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