20551 Madison Street
Torrance, CA, 90503
$1,350,000
6 Beds
4 Baths
2,255 SqFt
0.14 Acres
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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
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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

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Association Fee
0.00

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20551 Madison Street
Torrance, CA