Active
20551 Madison Street
Torrance CA, 90503
$1,350,000
$598.67 per sqft
Active
2,255 sqft
Commercial
Built in 1958
Listed by Craig Marson with First Team Real Estate 562-682-1944
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.
DW24093808
MLSⓇ ID
May 9, 2024
Listed
August 30, 2024
Updated
Map
20551 Madison Street
Torrance CA, 90503
Interior Features
Total Stories
1
Laundry Description
In Garage
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Front Yard, Street Level
Other Property Details
Area Name
126 - Central Torrance
Days on Market
84
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 562-596-9911
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Data last updated on 8/30/2024 at 7:24 PM UTC