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  • 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
    : 
    Duplex
    Built in 1959
    -- sqft lot
    $882,100 Zestimate®
    $450/sqft
    $-- HOA

    What's special

    Private yardNew flooringRenovated bathroomSpacious kitchen
    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.
    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#: WS24198823MLS LogoOriginating 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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