20518 Raymond Avenue, Torrance, CA 90502

0 beds 0 baths 6,209 sq.ft.

Offerered at: $899,000.00

County: Los Angeles
Year Built: 1959
Association Fees: $0.00/mo.

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 with the bonus of its own private yard. 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.

ESSENTIAL INFO

  • Status: Pending