20551 Madison Street Torrance, CA ^$ 1,350,000

20551 Madison Street

^$ 1,350,000

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20551 Madison Street

Torrance, CA, 90503

^$ 1,350,000

Bedrooms6 Baths4.0 Sq 2,255

Monthly Estimate*

^$ 8,973

Listed by First Team Real Estate

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Single Family Home for sale in Torrance, CA

for $1,350,000 with 6 bedrooms and 4 full baths. This 2,255 square foot home was built in 1958 on a lot size of 0.1436.

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.

Single Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

SingleFamilyResidence

Lot Size

0.1436

Year Built

1958

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

DW24093768

Days on Market

Features

General

Sewer Unknown

Heating Central

Cooling CentralAir

Zoning TORR-LO

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1958

View None

Stories 1

Levels One

Property SubType SingleFamilyResidence

Community Features StormDrains StreetLights Sidewalks

County Los Angeles

New Construction N

Property Type Residential

HOA / Comm Assn N

Attached Garage Y

Contingency Buyer will have 14 days to remove any and all contingencies

Garage Y/N Y

Special Listing Conditions Conservatorship ProbateListing

Status Active

Directions Hawthorne to spencer to madison

City Torrance

Entry Location 1

View Y/N N

Senior Community Y/N N

High School District Torrance Unified

NumberOfUnitsTotal 1

MLS Area 126 - Central Torrance

Lot Size Units SquareFeet

Lot Size Square Feet 6257.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Madison

Listing Terms Cash CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Structure Type House

Living Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Tax Lot 12

Property Sub Type Additional SingleFamilyResidence

Exterior

Lot Features FrontYard StreetLevel

Water Source Public

Total Parking 2.0

Lot Size Area 6257.0

Spa N

Lot Size Acres 0.1436

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features LivingRoom

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Full Baths 4

Street Suffix Street

Laundry Features InGarage

Total Bedrooms 6

Entry Level 1

Electric On Property Y/N N

Main Level Bedrooms 6

Main Level Bathrooms 4

Total Baths 4

Internal Only

Street Number 1 20551

* Excluded Features

List By

First Team Real Estate

Broker

(562) 596-9911

Phone

Affordability Calculator

$8,973

Per Month

Monthly Principal & Interest: $8,973
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Torrance, CA

Average List Price ^$1,092,664

Percent of Sale Price 19%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

274916 Elementary School

272974 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$1,350,000		Listed Price

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20551 Madison Street, Torrance, CA, 90503 is a Single Family Home for sale at $1,350,000 with 2,255 sqft and a lot size of 0.1436. 20551 Madison Street has 6 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 90503 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/4/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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20551 Madison Street

Single Family Home for sale in Torrance, CA

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