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$899,000

  • For Sale
  • Active
  • Multi-Family
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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 licensed realtor.

Full Property Details for 20518 Raymond Ave

General

  • Price: $899,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: WS24198823
  • Updated: 12/25/2025
  • Days on Market: 302 days
  • Added to Site: 473 day(s) ago

Rooms

Other Rooms

  • Laundry: Community, Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included

Additional Information

  • Pool Description: None

Location

  • Area: 123 - County Strip
  • County: Los Angeles
  • Development Name: 123 - County Strip
  • Driving Directions: Exit Torrance Blvd off 110 Fwy. Raymond and Milton cross street.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: Driveway
  • Square Feet: 2,000
  • Year Built: 1959

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.1425
  • Lot Size (Sq. Ft.): 6,209
  • Lot Size Source: Assessor
  • Zoning: LCR2*
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $449.5
  • Price Per Unit: 224750

Listed by Eddy Lee Jen Chao, Jerry Lin

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Listing agent

— 20518 Raymond Ave —

  • Jerry Lin

    Eddy Lee Jen Chao

626-215-6309

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 20518 Raymond Ave

School District:Los Angeles Unified School District
NameGradesDistance
Van Deene Avenue Elementary School
826 Javelin Street, Torrance, CA 90502
K-60.6 mi
Stephen M. White Middle School
22102 South Figueroa Street, Carson, CA 90745
7-81.3 mi
Nathaniel Narbonne Senior High School
24300 W.ern Ave., Los Angeles, CA 90710
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20518 Raymond Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2025
Price Reduced
$899,000
-4.36%
MLS
10/01/2024
Listed
$940,000
—
MLS
Get Price Alerts and Save Property
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 for 20518 Raymond Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,016
6%
$921,648
21%
2023
$11,317
20%
$764,500
2%
2022
$9,394
148%
$749,520
187%
2021
$3,795
-1%
$261,197
1%
2020
$3,819
4%
$258,525
2%
2019
$3,680
3%
$252,947
2%
2018
$3,568
2%
$247,988
2%
2017
$3,494
3%
$243,127
2%
2016
$3,395
2%
$238,361
2%
2015
$3,335
—
$234,782
2%
2014
$3,336
1%
$230,184
—
2013
$3,314
—
$229,145
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Eddy Lee Jen Chao, Jerry Lin

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20518 Raymond Avenue, Torrance, CA 90502 (MLS# WS24198823) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 20518 Raymond Avenue is currently listed for $899,000 and was received on October 01, 2024. Want to learn more about 20518 Raymond Avenue? Do you have questions about finding other Multi-Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.

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