GREAT INVESTMENT OPPORTUNITY…. This is a gorgeous single family home that is currently being used and registered with the city as an elder care facility. The current tenant has a lease for just over three more years or until 06/2027. They do pay rent of $6000 per month to the owner, so $72,000 per year. Features include: Six bedrooms with four bathrooms, Remodeled kitchen and redone bathrooms, Large living room and Family room and an attached two car garage with direct access. This is a Conservatorship sale that will require court approval and a 5% initial deposit.
Property Details
Price:
$1,350,000
MLS #:
DW24093768
Status:
Active
Beds:
6
Baths:
4
Address:
20551 Madison Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
126centraltorrance
City:
Torrance
Listed Date:
May 8, 2024
State:
CA
Finished Sq Ft:
2,255
ZIP:
90503
Lot Size:
6,257 sqft / 0.14 acres (approx)
Year Built:
1958
See this Listing
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Schools
Interior
Cooling
Central Air
Fireplace Features
Living Room
Heating
Central
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Garage Spaces
2.00
Lot Features
Front Yard, Level with Street
Parking Spots
2.00
Pool Features
None
Sewer
Unknown
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address20551 Madison Street Torrance CA
- Area126 – Central Torrance
- CityTorrance
- CountyLos Angeles
- Zip Code90503
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Courtesy of First Team Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
20551 Madison Street
Torrance, CA
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