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Torrance, CA 90502 20518 Raymond Avenue

$999,000

Presented By: JOHN LIU with NORTHLAND REAL ESTATE GROUP, I; 626-470-7588
  • MLS# WS24041126
  • 03/01/2024
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  • BedBeds • 5
  • BathBaths • 5
  • FootageSQFT • 2

Home Details

Legal 2 units. 1200 square feet Front house with 3 Bedroom 2 Bath with new flooring and bathroom with good sized kitchen & dining area. Inside Laundry hook-ups. Private backyard area. Back House is 800 SF , 1 Bedroom 1 Bath with its own big fenced in back yard. MIDDLE OF LOT is a converted 2 units. ( currently used as : 1 Bedroom 1 Bath apt, AND a Single apt. w/1 Bath) great EXTRA income. The back house & garage units share a covered exterior laundry facility. All tenants are great tenants pay on time. Rents are below market with great upside.
Presented By: JOHN LIU with NORTHLAND REAL ESTATE GROUP, I; 626-470-7588

Interior Features for 20518 Raymond Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesOutside
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 20518 Raymond Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityTorrance
Community FeaturesSidewalks
CountyLos Angeles
Days on Market55
DirectionsEW
Electric Expense2400.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income66690.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, FannieMae, FreddieMac
Lot Size Square Feet6209.0
MLS Area123 - County Strip
MobileHomeRemainsYNNo
Net Operating Income57690.0
New ConstructionNo
Operating Expense8380.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameRaymond
Tax Lot131
Total Units4
Trash Expense1800.0
View Y/NNo
Water Sewer Expense1680.0
Waterfront Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningLCR2*

Exterior for 20518 Raymond Avenue

Building Area Total2.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard
Lot Size Acres0.1425
Lot Size Area6209.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $999,000
MLS#WS24041126
List Date 03/01/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors