20551 Madison Street Torrance, CA 90503
UPDATED:
08/02/2024 02:09 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $598
MLS Listing ID DW24093768
Style Detached
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1958
Lot Size 6,257 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 Torrance (90503)
Zoning TORR-LO
Interior
Cooling Central Forced Air
Fireplaces Type FP in Living Room
Laundry Garage
Exterior
Garage Spaces 2.0
Total Parking Spaces 2
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Unknown
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $70
Miscellaneous Storm Drains
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Probate Sbjct to Overbid
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