20551 Madison Street, Torrance, CA 90503
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Listed Price :
$1,350,000
-
Beds :
6
-
Baths :
4
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Property Size :
2,255 sqft
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Year Built :
1958
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.
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
20551 Madison Street |
| City |
Torrance |
| State |
CA |
| Zip |
90503 |
| County |
Los Angeles |
| Listing Agent |
Craig Marson DRE #01210177 |
| Courtesy Of |
First Team Real Estate |
| List Price |
$1,350,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
2,255 |
| Lot Size |
6,257 |
| Year Built |
1958 |
Listing information courtesy of: Craig Marson, First Team Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 18th, 2024 at 2:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
