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Listed by Jerry Lin • Eddy Lee Jen Chao
$ 899,000
Est. payment /mo
Active Under Contract
20518 Raymond Avenue Torrance, CA 90502
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $449
MLS Listing ID WS-24198823
Year Built 1959
Lot Size 6,209 Sqft
Property Sub-Type Duplex
Property Description
Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom with the bonus of its own private yard. To add to the income stream, the garage was converted (unpermitted)) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Location
State CA
County Los Angeles
Area 123 - County Strip
Zoning LCR2*
Interior
Laundry Community, Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Park, Street Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer