$1,350,000
For Sale

20551 Madison Street

Torrance, CA 90503
2255 sqft | 6 beds | 4 baths | 0.14 acres | #DW24093768
Listing OfficeFirst Team Real Estate
Browse 41 photos
Type:Purchase
Structure:House
Zone:Residential

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
      • Bedrooms6
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionFrontYard, StreetLevel
      • Stories1
    • Measurements
      • Acres0.1436
      • Square Feet2255
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1958
  • Utilities / Energy Details
      • Sewer InformationUnknown
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictTorrance Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,350,000
  • Other
      • MLS #DW24093768

Location

Gina MogaReal Estate Group
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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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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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