Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom with the bonus of its own private yard. To add to the income stream, the garage was converted (unpermitted)) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Property Details
Price:
$899,000
MLS #:
WS24198823
Status:
Pending
Baths:
0
Address:
20518 Raymond Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
123countystrip
City:
Torrance
Listed Date:
Sep 24, 2024
State:
CA
ZIP:
90502
Lot Size:
6,209 sqft / 0.14 acres (approx)
Year Built:
1959
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Schools
Interior
Exterior
Community Features
Curbs, Park, Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address20518 Raymond Avenue Torrance CA
- Area123 – County Strip
- CityTorrance
- CountyLos Angeles
- Zip Code90502
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20518 Raymond Avenue
Torrance, CA
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