20518 Raymond Avenue, Torrance, CA 90502

$749,000
2,016
SqFt
List Price
$749,000
Price Change
▼ $26,000 1614396839
Status
ACTIVE
MLS#
SB21012163
Year Built
1959
Living Sq. Ft
2,016
Lot Size
6,209
Acres
0.1425
Lot Location
Back Yard
Days on Market
68
Property Type
Multifamily

Property Description

New Price. Very Nice Property. Has updated 3 Bedroom 2 Bath front HOUSE. Enjoy Laminate & tile flooring throughout w/good sized kitchen & Laundry hook-ups. Private small backyard area, completely fenced in. Rear house is over 800 SF 1 Bedroom 1 Bath. (Situated in the very rear of property & cannot be seen from the street) & has a good sized fenced in back yard. Very cute cozy bungalow that has laminate wood type flooring in the living- room w/ a wood burning fireplace. Middle structure was the garage & is now being used as a , 1 Bedroom 1 Bath apt, & an additional , Single/ 1 Bath unit (no permits) but EXTRA income. Outside space for 4 car parking in the driveway. Rear house has 2 parking spaces in front. Back house & 2 apts. share covered exterior laundry facility (not part of SF). NO LA RENT CONTROL in LA County. Quiet area with a nice wide street. Potential income of $60,000/year, 12.7 X Gross.

Additional Information

Tract Number
4201
Lot Description
Sidewalks, Street Lights
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$49,800
Operating Expense
16800
Unit One Total Units
1
Unit One Beds
3
Unit One Baths
2
Unit One Actual Rent
1850.00
Unit One Total Rent
1850.00
Unit One Pro Forma
2100
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
1
Unit Two Baths
1
Unit Two Actual Rent
1025.00
Unit Two Total Rent
1025.00
Unit Two Pro Forma
1400
Unit Two Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Christine Ballesteros from RE/MAX Estate Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.