$ 1,350,000
20551 Madison ST Torrance, CA 90503
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment /mo
Active
20551 Madison ST Torrance, CA 90503
2,255 SqFt
UPDATED:
09/30/2024 06:49 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $598
MLS Listing ID DW24093808
HOA Y/N No
Year Built 1958
Lot Size 6,255 Sqft
Acres 0.1436
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.
Location
State CA
County Los Angeles
Area 126 - Central Torrance
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Heating Central
Fireplace No
Laundry In Garage
Building
Lot Description Front Yard, Street Level
Story 1
Water Public
Others
Tax ID 7524021012
Special Listing Condition Conservatorship, Third Party Approval, Probate Listing
Listed by Craig Marson • First Team Real Estate • 562-682-1944