20551 Madison ST Active

Torrance,CA 90503

$ 1350000

- Bed

- Bath

2255 SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 2,255 sqft

Price per Sqft $598

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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