20551 Madison ST Active

Torrance,CA 90503

$ 1350000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24093808

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

Rooms

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Heating Central

Laundry In Garage

Building

Lot Description Front Yard,Street Level

Story 1

Water Public

Others

Special Listing Condition Conservatorship,Third Party Approval,Probate Listing

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