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.
Property Details
Price:
$1,350,000
MLS #:
DW24093808
Status:
Active
Baths:
0
Address:
20551 Madison Street
Type:
Commercial
Subtype:
Specialty
Neighborhood:
126centraltorrance
City:
Torrance
Listed Date:
May 8, 2024
State:
CA
ZIP:
90503
Year Built:
1958
Schools
Interior
Heating
Central
Exterior
Stories Total
1
Water Source
Public
Financial
Map
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Courtesy of First Team Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 20551 Madison Street
Torrance, CA
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