20551 Madison ST Active Save Request In-Person Tour Request Virtual Tour
Torrance,CA 90503
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24093768
Bedrooms 6
Full Baths 4
Year Built 1958
Lot Size 6,255 Sqft
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 126 - Central Torrance
Zoning TORR-LO
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s),Street Lights,Sidewalks
View Y/N No
View None
Building
Lot Description Front Yard,Street Level
Dwelling Type House
Story 1
Sewer Unknown
Water Public
New Construction No
Schools
School District Torrance Unified
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Conservatorship,Third Party Approval,Probate Listing