20551 Madison ST Active

Torrance,CA 90503

$ 1350000

6 Beds

4 Baths

2255 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,255 sqft

Price per Sqft $598

MLS Listing ID DW24093768

Bedrooms 6

Full Baths 4

Year Built 1958

Lot Size 6,255 Sqft

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

Zoning TORR-LO

Rooms

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Storm Drain(s),Street Lights,Sidewalks

View Y/N No

View None

Building

Lot Description Front Yard,Street Level

Dwelling Type House

Story 1

Sewer Unknown

Water Public

New Construction No

Schools

School District Torrance Unified

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Conservatorship,Third Party Approval,Probate Listing

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