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20551 Madison Street

Torrance, 90503

6 Bd
4 Ba
2,255 Sqft
6,257 Lot
$1,350,000 Current Price
Active Status
11 Days on Market
May 9 First Day Active
$1,350,000 Start Price

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.

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Property Details for 20551 Madison Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Craig Marson
Listing Brokered By
First Team Real Estate
Type
Residential, Single Family Residence
Year Built
1958 (Assessor)
MLS Area
126 - Central Torrance

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
11 DOM
Combined DOM*
11
First Date Active
May 9th, 2024
Current Price
$1,350,000
Current PPSF
$599
Orig. List Price
$1,350,000
MLS® #
DW24093768
APN
7524021012
Special
Conservatorship, Probate Listing

Home Interior Information

Levels/Stories
One
Bedrooms
6
Total Baths
4
Full Baths
4
Int. Sqft.
2,255
Heating
Central
Cooling
Central Air
Fireplaces
Living Room

Room Information

Room Type
Kitchen, Laundry, Living Room
Laundry
InGarage

Exterior Information

Lot Description
Front Yard, Street Level
Lot Size (sq. ft.)
6,257
Lot Size (acres)
0.14
Pool
None
Parking Spaces
2
Garage Spaces
2

Utilities Information

Water Source
Public

Additional Information

Zoning
TORR-LO
Buyer's Brokerage Fee
2.500

* 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.

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Neighborhood Information

MLS Area
126 - Central Torrance
City/State
Torrance
Zip Code
90503
County
Los Angeles
# of Units
1
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School Information

District
Torrance Unified
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Listing/Price History

20551 Madison Street, Torrance, (MLS® #DW24093768)

Date Details Price Change
First Day Active $1,350,000
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Listing Summary

Quick Summary of 20551 Madison Street: This 6 Bedroom/4 Bathroom home in Torrance is priced at $1,350,000 ($599/PSF) . The 2,255 sqft. Single Family Residence residence was originally built in 1958 and was listed on May 9th, 2024 at $1,350,000, showing 11 Days on Market currently. Contact Dave Fratello today for more information or to go see 20551 Madison Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 12:40pm 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.