17 Hours Ago
Location
1504 Madrid Ave, Torrance, CA 90501, USA|Olde Torrance
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Property Overview
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Laundry available on site
Great for
Work-from-home
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 378 sqft | $2,000 /mo | 1 unit available | This remodeled 1-bedroom, 1-bathroom unit is located in a quiet residential neighborhood of Old Torrance. The unit features a comfortable layout, Spectrum internet hookups, one assigned parking space, and access to onsite laundry facilities. It's ideally situated near local shops, restaurants, and public transportation, offering a convenient and peaceful living experience. Please note that no smoking and pets are not allowed. As required by California law, we are disclosing that a passing occurred in the unit. Convenient parking is available No Pets Owner Pays: Water and Trash Tenant Pays: Electricity and Gas Laundry On Site Equipped with Installed Spectrum Cable and AT&T Internet Ready Don’t miss out on this great opportunity to live in a beautifully upgraded unit just minutes from local shops, dining, and the beach. All Harbor Property Management residents are enrolled in the Resident Benefits Package (RBP) for $49.95/month which includes renters' insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. To view this unit please visit our website www harborpm com Go under "Properties for Rent" and click on "Schedule Viewing". To look at our Rental Criteria for more application questions go to "Tenants" and click on "Rental Criteria" For more information, please contact the Leasing Department at (310) 831-0123 or text at (310) 200-5584 Management operates in accordance with the Federal Fair Housing Act, as well as all state and local fair housing and civil rights laws. We do not discriminate against any person based on race, color, religion, gender, national origin, age, sex, familial status, handicap, disability, veteran status, or any other basis protected by applicable state or local laws. All listing details must be verified by the potential applicant or tenant before applying or signing any lease agreement. If any amenities or features stated in the AD are not accurate the property management company and Landlords will not be responsible to provide them, such as AC, Utilities, etc. Rent prices, terms, and availability are subject to change without notice. |
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Policies and fees
No pets allowed.
Building details
Property details
| Units | 4 |
|---|
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About 1504 Madrid Avenue
This remodeled 1-bedroom, 1-bathroom unit is located in a quiet residential neighborhood of Old Torrance. The unit features a comfortable layout, Spectrum internet hookups, one assigned parking space, and access to onsite laundry facilities. It's ideally situated near local shops, restaurants, and public transportation, offering a convenient and peaceful living experience. Please note that no smoking and pets are not allowed. As required by California law, we are disclosing that a passing occurred in the unit. Convenient parking is available No Pets Owner Pays: Water and Trash Tenant Pays: Electricity and Gas Laundry On Site Equipped with Installed Spectrum Cable and AT&T Internet Ready Don’t miss out on this great opportunity to live in a beautifully upgraded unit just minutes from local shops, dining, and the beach. All Harbor Property Management residents are enrolled in the Resident Benefits Package (RBP) for $49.95/month which includes renters' insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. To view this unit please visit our website www harborpm com Go under "Properties for Rent" and click on "Schedule Viewing". To look at our Rental Criteria for more application questions go to "Tenants" and click on "Rental Criteria" For more information, please contact the Leasing Department at (310) 831-0123 or text at (310) 200-5584 Management operates in accordance with the Federal Fair Housing Act, as well as all state and local fair housing and civil rights laws. We do not discriminate against any person based on race, color, religion, gender, national origin, age, sex, familial status, handicap, disability, veteran status, or any other basis protected by applicable state or local laws. All listing details must be verified by the potential applicant or tenant before applying or signing any lease agreement. If any amenities or features stated in the AD are not accurate the property management company and Landlords will not be responsible to provide them, such as AC, Utilities, etc. Rent prices, terms, and availability are subject to change without notice.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 1504 Madrid Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1504 Madrid Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1504 Madrid Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1504 Madrid Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, 1504 Madrid Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1504 Madrid Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1504 Madrid Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1504 Madrid Avenue is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1504 Madrid Avenue compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Olde Torrance
1-bedroom apartments at 1504 Madrid Avenue cost about 14% less than the average rent price for 1-bedroom apartments in Olde Torrance.
Median rents as of Oct 11 2025.
Olde Torrance
Torrance
| Month | Median Rent |
|---|---|
| October 2023 | $1,650 |
| November 2023 | $1,695 |
| December 2023 | $1,816 |
| January 2024 | $1,697 |
| February 2024 | $1,736 |
| March 2024 | $1,669 |
| April 2024 | $1,661 |
| May 2024 | $1,826 |
| June 2024 | $1,688 |
| July 2024 | $1,689 |
| August 2024 | $1,718 |
| September 2024 | $1,712 |
| October 2024 | $1,700 |
| November 2024 | $1,698 |
| December 2024 | $1,678 |
| January 2025 | $1,637 |
| February 2025 | $1,681 |
| March 2025 | $1,705 |
| April 2025 | $1,847 |
| May 2025 | $1,997 |
| June 2025 | $1,884 |
| July 2025 | $1,887 |
| August 2025 | $1,816 |
| September 2025 | $1,956 |
| October 2025 | $1,958 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,623 |
| November 2023 | $1,550 |
| December 2023 | $1,550 |
| January 2024 | $1,550 |
| June 2024 | $1,550 |
| July 2024 | $1,667 |
| August 2024 | $1,875 |
| September 2024 | $1,961 |
| October 2024 | $1,818 |
| November 2024 | $1,668 |
| December 2024 | $1,613 |
| January 2025 | $1,570 |
| March 2025 | $1,495 |
| April 2025 | $1,495 |
| May 2025 | $2,286 |
| June 2025 | $2,521 |
| July 2025 | $2,658 |
| August 2025 | $2,096 |
| September 2025 | $1,855 |
| October 2025 | $1,730 |
Affordability calculator
Can I afford to live at 1504 Madrid Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 1-bedroom monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 1504 Madrid Avenue
Torrance Elementary School
2125 lincoln ave
torrance, CA, 90501
K-5Public
B+
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Internet available near 1504 Madrid Avenue
Getting around Torrance near 1504 Madrid Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 1504 Madrid Ave, Torrance
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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