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.
Pending
Listing Provided by:
Jerry Lin DRE #02081688 626-215-6309,
Eddy Lee Jen Chao
Price cut: $41K (3/11)
$899,000
20518 Raymond Ave, Torrance, CA 90502
5beds
5baths
2,000sqft
Est.:
Duplex
Built in 1959
-- sqft lot
$882,100 Zestimate®
$450/sqft
$-- HOA
What's special
Private yardNew flooringRenovated bathroomSpacious kitchen
- 166 days
- on Zillow |
- 45 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 10:44pm
Listing Provided by:
Jerry Lin DRE #02081688 626-215-6309,
Eddy Lee Jen Chao
Source: CRMLS,MLS#: WS24198823
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Appliances
- Included: Dryer, Washer
- Laundry: Community, Gas & Electric Dryer Hookup, Washer Hookup
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Features
- Entry location: Driveway
- Pool features: None
Lot
- Size: 6,209 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7350008040
- Zoning: LCR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Park, Street Lights
HOA
- Has HOA: No
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $903,587
- Annual tax amount: $11,694
- Date on market: 10/1/2024
- Total actual rent: 5560
- Tenant pays: Electricity, Gas
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