20551 Madison Street, Torrance, CA 90503

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Glen Henderson

[email protected] +1(619) 889-7646

$1,350,000

Est. payment - /mo

6 Beds

4 Baths

2,255 SqFt

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UPDATED:

08/02/2024 02:09 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,255 sqft

Price per Sqft $598

MLS Listing ID DW24093768

Style Detached

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1958

Lot Size 6,257 Sqft

Acres 0.1436

Type of Financing Cash,Cash To New Loan

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Torrance (90503)

Zoning TORR-LO

Interior

Cooling Central Forced Air

Fireplaces Type FP in Living Room

Laundry Garage

Air Conditioning Central Forced Air

Exterior

Garage Spaces 2.0

Total Parking Spaces 2

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Unknown

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $70

Miscellaneous Storm Drains

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Probate Sbjct to Overbid

CFD/Mello-Roos Fee $847

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Listed by Craig Marson • First Team Real Estate

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

20551 Madison Street Torrance, CA 90503

Glen Henderson

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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