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Madrid is a well-rated property with an overall Zumper Expert Rating of 9.1, reflecting strong value, amenities, location, and quality. Its completely remodeled modern living space, elegant wood floors, garage parking, laundry room, and private yard stand out, while the nearby top-rated high school adds to its appeal.
Things you’ll love
High school nearbyLess expensiveDishwasher| 1BR/1.0BA | 1 bed | 1 bath | $1,895 /mo | 1 unit available | Welcome to our charming 1 bedroom, 1 bathroom apartment located in the desirable city of Torrance, CA. This upstairs unit features beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The apartment also includes a convenient 2 car tandem garage, providing ample parking space for residents. With its prime location and modern amenities, this apartment is the perfect place to call home. Contact KNM Property Management at 424-404-0803 to schedule a tour and experience all that this lovely apartment has to offer. For all other information or to submit an application you can visit our website at knmpropertymanagement. com |
Let's explore this property.
Apartment Amenities
| Hardwood Floor | Trash |
| Two-Car Tandem Garage | Upstairs Unit |
| Water |
Appliances
| Range | Stove |
Grounds
| Garage Parking |
One-time.
One-time. Refundable.
Garage Parking
Questions about this property’s policies and fees?
| Units | 5 |
|---|
Welcome to our charming 1 bedroom, 1 bathroom apartment located in the desirable city of Torrance, CA. This upstairs unit features beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The apartment also includes a convenient 2 car tandem garage, providing ample parking space for residents. With its prime location and modern amenities, this apartment is the perfect place to call home. Contact KNM Property Management at 424-404-0803 to schedule a tour and experience all that this lovely apartment has to offer. For all other information or to submit an application you can visit our website at knmpropertymanagement. com
How Madrid compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Madrid cost about 12% less than the average rent price for 1-bedroom apartments in Olde Torrance.
| Month | Median Rent |
|---|---|
| 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 | $1,937 |
| November 2025 | $1,890 |
| December 2025 | $1,790 |
| January 2026 | $1,769 |
| February 2026 | $1,751 |
| March 2026 | $1,856 |
| April 2026 | $1,833 |
| May 2026 | $1,749 |
| June 2026 | $1,700 |
| Month | Median Rent |
|---|---|
| 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 | $1,711 |
| November 2025 | $1,810 |
| December 2025 | $1,784 |
| January 2026 | $1,835 |
| February 2026 | $1,752 |
| March 2026 | $2,011 |
| April 2026 | $1,459 |
Can I afford to live at 1422 Madrid Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$75,800/yr
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