20518 Raymond, Torrance, CA 90502
- $888,888
- List Price
- $888,888
- Status
- ACTIVE
- MLS#
- WS26159116
- Year Built
- 1959
- Lot Size
- 6,209
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 6
- Property Type
- Multifamily
- 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. 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. Fumigation treatment complete along with major repairs completed in 2025. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
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Additional Information
- Appliances
- 6 Burner Stove
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $66,720
- Operating Expense
- 5020
Listing courtesy of Listing Agent: Jerry Lin (jerry@apccusa.com) from Listing Office: Eddy Lee Jen Chao.
Mortgage Calculator
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