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20551 Madison Street

Torrance, CA 90503
  • $1,350,000
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: DW24093808
UPDATED: 63 min ago
$1,350,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Craig Marson of First Team Real Estate (562-596-9911)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T13:34:38.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/150372362
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20551 Madison Street Torrance, CA 90503

  • Price: $1,350,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 63 min ago
  • ID#: DW24093808
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1958
Built
Neighborhood:
126 - Central Torrance
County:
Los Angeles
Area:
126 - Central Torrance
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.
Exterior Features

Entry Level 1 Lot Features Front YardStreet Level Sign On Property YN Yes

Interior Features

Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Disclosures Court Confirmation Land Lease YN No Laundry Features In Garage Listing Agreement Probate Listing Service Full Service Property Sub Type Special Purpose Special Listing Conditions ConservatorshipThird Party ApprovalProbate Listing Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T13:34:38.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Craig Marson of First Team Real Estate (562-596-9911)