Torrance, CA 90502,20518 Raymond Avenue
Torrance, CA 90502,20518 Raymond Avenue
Torrance, CA 90502,20518 Raymond Avenue
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$899,000
Est. payment /mo
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5 Beds
5 Baths
6,209 Sqft Lot
Pending

20518 Raymond Avenue Torrance, CA 90502

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID WS24198823

Bedrooms 5

HOA Y/N No

Lot Size 6,209 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom with the bonus of its own private yard. To add to the income stream, the garage was converted (unpermitted)) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom with the bonus of its own private yard. To add to the income stream, the garage was converted (unpermitted)) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.

Location

State CA

County Los Angeles

Area Torrance (90502)

Zoning Public Rec

Building

Lot Description Curbs

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $66

Acceptable Financing Cash, Conventional

Space Rent $3,000

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Jerry Lin • Eddy Lee Jen Chao

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agent

Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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20518 Raymond Avenue