20551 Madison Street

Torrance, CA 90503
$1,350,000
2255 sqft | 6 beds | 4 baths | 0.14 acres | #DW24093768
Courtesy of First Team Real Estate

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.

  • Interior Details
    • Beds & Baths
      • Bedrooms:6
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • Stories:1
      • Lot description:FrontYard, StreetLevel
    • Measurements
      • Acres:0.1436
      • Square Feet:2255
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1958
  • Utilities / Energy Details
    • Utility
      • Sewer information:Unknown
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Torrance Unified
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 350, 000
  • Other
    • Source
      • MLS #:DW24093768

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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