20551 Madison Street

Torrance, CA 90503

$1,350,000

List Price

6

bed Beds

4

shower Baths

2,255 sqft

straighten / sqft

1958

calendar_month Built

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.

Listing Information

List Price $1,350,000
Status Active
MLS DW24093768
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1958
Lot Size 6,257
Structure Size 2,255
DOM 96
Courtesy Of First Team Real Estate
Listing Agent Craig Marson DRE#01210177

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Fireplace Information
Features Living Room
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Craig Marson, First Team Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:49 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.