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41
Photos
20551 Madison Street, Torrance, CA 90503
$1,350,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
4
baths
2,255
sqft
Built in
1958
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.
Features & Amenities
Interior
- Laundry:
- In Garage
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- Living Room, Fireplace
Exterior
- General:
- Front Yard
- Pool:
- None
- Parking:
- Attached
Construction
- General:
- 1
Location
- HOA Amenities:
- 0.0
- School District:
- Torrance Unified
- County:
- Los Angeles
Lot
- Zoning:
- TORR, 7524021012
- View:
- None
Utilities
- Water:
- Public
This listing courtesy of:
First Team Real Estate, Craig Marson
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Torrance, CA
Housing
- Number of Units
- 65,163
- Median Home Value
- $736,130
- Median Rent
- $1,643
46.17% of housing units are renter occupied.
3.66% are vacant.
Commute
- Car
-
65.42%
- Public Transportation
-
1.57%
- Walk to Work
-
1.13%
- Work from Home
-
30.14%
- Other
-
1.36%
The median travel time to work is 21 minutes.
People
- Population
- 174,160
- Median Age
- 41.00
- Median Household Size
- 2.91
Education
- High School
-
17.83%
- Associate’s Degree
-
8.28%
- Bachelor’s Degree
-
32.24%
- Graduate Degree
-
14.98%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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