20551 Madison Street Active Save Request In-Person Tour Request Virtual Tour
Torrance,CA 90503
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.
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