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.
Property Details for 20551 Madison Street
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Craig Marson
- Listing Brokered By
- First Team Real Estate
- Type
- Commercial Sale, Special Purpose
- Year Built
- 1958 (Assessor)
- MLS Area
- 126 - Central Torrance
Price and MLS Information
- Status
- Active | Listing History
- MLS Days on Mkt.
- 96 DOM
- Combined DOM*
- 96
- First Date Active
- May 9th, 2024
- Current Price
- $1,350,000
- Orig. List Price
- $1,350,000
- MLS® #
- DW24093808
- APN
- 7524021012
- Special
- Conservatorship, Probate Listing
Home Interior Information
- Heating
- Central
Room Information
- Laundry
- InGarage
Exterior Information
- Lot Description
- Front Yard, Street Level
- Lot Size (sq. ft.)
- 6,257
- Lot Size (acres)
- 0.14
Utilities Information
- Water Source
- Public
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
Neighborhood Information
Listing/Price History
20551 Madison Street, Torrance, (MLS® #DW24093808)
| Date | Details | Price | Change |
|---|---|---|---|
| First Day Active | $1,350,000 | – |
Listing Summary
Quick Summary of 20551 Madison Street: This home in Torrance is priced at $1,350,000 . The Special Purpose residence was originally built in 1958 and was listed on May 9th, 2024 at $1,350,000, showing 96 Days on Market currently. Contact Dave Fratello today for more information or to go see 20551 Madison Street.
Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 5:11am PDT. 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.
