This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
20551 Madison Street, Torrance, CA 90503
$1,350,000
20551 Madison Street, Torrance, CA 90503View this property at 20551 Madison Street, Torrance, CA 90503
20551 Madison StreetTorranceCA90503
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
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.
Full Property Details
Full Property Details for 20551 Madison St
General
- Price: $1,350,000
- Status: Active
- Type: Single Family
- MLS ID: DW24093768
- Updated: 5/25/2024
- Days on Market: 22 days
- Added to Site: 23 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry, Living Room
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Driving Directions: Hawthorne to spencer to madison
School Information
- School District: Torrance Unified
Community
- Community Features: Sidewalks, Storm Drains, Street Lights
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,255
- Sq. Ft. Source: Assessor
- Year Built: 1958
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1436
- Lot Size (Sq. Ft.): 6,257
- Lot Size Source: Assessor
- Zoning: TORR-LO
- Lot Description: Front Yard, Level with Street
Financial Considerations
- Price Per Sq. Ft.: $598.67
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Probate Listing, Conservatorship
Listed by First Team Real Estate, Craig Marson
Get Pre-Approved Today
Schools
Schools serving 20551 Madison St
School District:Torrance Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4820 Spencer St, Torrance, CA 90503 | K-5 | 1 mi | |
5038 Halison St, Torrance, CA 90503 | 6-8 | 1 mi | |
20401 Victor St, Torrance, CA 90503 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20551 Madison St
Date
Details
Price
Change
Source
5/09/2024
Listed
$1,350,000
117.74%
MLS
2/28/2011
Sold
$620,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20551 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,322
1%
$763,475
2%
2022
$9,195
2%
$748,506
2%
2021
$9,025
1%
$733,830
1%
2020
$8,895
1%
$726,306
2%
2019
$8,768
4%
$712,066
2%
2018
$8,460
2%
$698,105
2%
2017
$8,281
3%
$684,417
2%
2016
$8,077
2%
$670,998
2%
2015
$7,900
3%
$660,920
2%
2014
$7,688
1%
$647,975
—
2013
$7,592
—
$645,048
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20551 Madison St
20551 Madison Street, Torrance, CA 90503 (MLS# DW24093768) is a Single Family property with 6 bedrooms and 4 full bathrooms. 20551 Madison Street is currently listed for $1,350,000 and was received on May 09, 2024. Want to learn more about 20551 Madison Street? Do you have questions about finding other Single Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.