Active

20518 Raymond Avenue

Torrance, CA 90502

$899,000 $3,790/Mo

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Overview

Bed

Bath

2,000

Sqft

6,209

Sqft(Lot)

Description

Back on the market due to Buyer unable to close. Fumigation treatment complete along with major repairs. 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. Shared yard in front of the back house 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 li censed realtor.

Property Details

Property Type : Residential Income

Price : $899,000

AD Id : 59484593

MLS Id : WS24198823

Beds : 5

Lot Size : 6,209 Sqft

Living Area Size : 2,000

Year Built : 1959

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Dryer,Washer

Building Information

Year Built: 1959 Building Area Total: 2,000
Pool Features

None

Laundry Features

Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1425
Lot Size Source: Assessor Lot Size Square Feet: 6209

Listing Price Information

Original List Price: 899,000 Listing Contract Date: 2024-09-24
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7350008040

Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: 123 - County Strip Postal Code Plus 4: 1434 Directions: Exit Torrance Blvd off 110 Fwy. Raymond and Milton cross street. Zoning: LCR2* Source Property Type: Residential Income Area: 123 - County Strip Property SubType: Duplex
Building and Construction

Property Age: 67 Common Walls: 1 Common Wall Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: Driveway Property Attached: Yes

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ByOwner last updated this listing 06/18/2026 @ 05:39

MLS: WS24198823 LISTED BY: Jerry Lin, Eddy Lee Jen Chao 626-376-1211 SOURCE: CRMLS