20551 Madison Street

20551 Madison Street

Torrance, CA 90503

$1,350,000
Price
6
Beds
4
Baths
2,255 Sq. Ft.
$599 / Sq. Ft.
2,255
Sq. Ft.
$599
per Sq. Ft.
a front view of a house with a yard
front view of house with a yard
a front view of house along with road and trees
a view of a house with a yard
a front view of a house with a tree
a view of a pathway with a building in the background
a living room with furniture and a chandelier
a living room with furniture and a flat screen tv
a dining room with furniture and wooden floor
a living room with furniture a flat screen tv and a large window
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a view of a dining hall with lots of furniture and wooden floor
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with stainless steel appliances granite countertop a stove sink and cabinets
a open kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a refrigerator a stove and a sink with cabinets
a bathroom with a sink toilet and mirror
a view of a workspace with furniture and a window
a bedroom with furniture and wooden floor
a bathroom with a toilet and a sink
a bedroom with furniture and a bed
a bedroom with a bed and a table
a bathroom with a toilet a sink and mirror
a view of a livingroom with furniture and closet
a living room with furniture and a wooden floor
a bathroom with a sink a toilet and bathtub
a bedroom with furniture and a flat screen tv
a view of a room with gym equipment
a view of a room with lots of furniture and lots of windows
a view of a backyard of the house
a view of a entryway door of the house
a front view of a house
a patio with table and chairs and potted plants
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a view of a house with backyard and sitting area
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Description

Great investment opportunity.... This is a gorgeous single family home that is currently being used and registered with the city as an elder care facility. The current tenant has a lease for just over three more years or until 06/2027. They do pay rent of $6000 per month to the owner, so $72,000 per year. Features include: Six bedrooms with four bathrooms, Remodeled kitchen and redone bathrooms, Large living room and Family room and an attached two car garage with direct access. This is a Conservatorship...Great investment opportunity.... This is a gorgeous single family home that is currently being used and registered with the city as an elder care facility. The current tenant has a lease for just over three more years or until 06/2027. They do pay rent of $6000 per month to the owner, so $72,000 per year. Features include: Six bedrooms with four bathrooms, Remodeled kitchen and redone bathrooms, Large living room and Family room and an attached two car garage with direct access. This is a Conservatorship sale that will require court approval and a 5% initial deposit.
  1. Listed by Craig Marson • DRE #01210177 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 20551 Madison Street

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2255

Location

Listing Courtesy of First Team Real Estate, Craig Marson, DRE #01210177
Add your commute
LISTING UPDATED: 05/09/2024 11:53 PM

Property Details for 20551 Madison Street

StatusActive
MLS #DW24093768
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1958
Lot Size0.14 AC / 6,257 SF
CountyLos Angeles County

Location

Listing Courtesy of First Team Real Estate, Craig Marson, DRE #01210177
Add your commute

Building Information for 20551 Madison Street

Stories1Year Built1958Building Size-Lot Size0.14 AC / 6,257 SF

Payment Calculator

$8,145 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$777

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20551 Madison Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 23881
  • Tax Census Tract: 6506.05
  • CFD/Mello-Roos Fee: $847
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Laundry, Living Room
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 1
  • Structure Type: House
  • Miscellaneous: Storm Drains
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Front Yard, Level with Street
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Sewer/Septic: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 20551 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20551 Madison Street

Taxable ValueLand$554,138Additions$209,337Total$763,475
Tax Record2023$9,322 ($777 / month)
Home Facts
Beds6Total Finished SqFt2,255 SqFtAbove Grade Finished SqFt2,255 SqFtStories1Lot Size6,257 SqFtStyleMiscellaneous ResidentialYear Built1958ZoningTORR-LOCountyLOS ANGELESAPN7524-021-012

Schools near 20551 Madison Street

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Victor Elementary School
Public - K to 5
Bert M. Lynn Middle School
Public - 6 to 8
West High School
Public - 9 to 12
Shery (Kurt T.) High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Victor Elementary School
PublicK to 5

Bert M. Lynn Middle School
Public6 to 8

West High School
Public9 to 12

Shery (Kurt T.) High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 20551 Madison Street, Torrance, CA 90503

20551 Madison Street is a single family home for sale in Torrance, CA 90503. This property was listed for sale on May 8, 2024 by First Team Real Estate, it's currently listed at $1,350,000. It has been on the market for a total of 14 days and was last sold on February 28, 2011. This listing's school district is Torrance Unified School District. Nearby schools include Victor Elementary School, Bert M. Lynn Middle School and West High School. 20551 Madison Street is a 6-bed, 4-bath, 2,255 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Craig Marson, DRE #01210177

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.