20551 Madison Street
Torrance, CA 90503
2255 sqft | 6 beds | 4 baths | 0.14 acres | #DW24093768
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.
Property Details
- Lot DescriptionFrontYard, StreetLevel
- Property SubtypeSingleFamilyResidence
- School DistrictTorrance Unified
- CountyLos Angeles
- Original List Price$1,350,000
- MLS #DW24093768
- MLS #DW24093768
- Property TypePurchase
- Sewer InformationUnknown
- Cost1350000
- Acres0.1436
- Utility SourcePublic
- Structure TypeHouse
- Square Feet2255
- Year Built1958
- Bedrooms6
- Bathrooms4
- Full Baths4
- Stories1
- Parking Spaces2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Craig Marson (#YMARSCRA)
Listing Office: First Team Real Estate (#YFTR)
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