No Photos
Image 1 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 2 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 3 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 4 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 5 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 6 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 7 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Image 8 - 20587 Madison Street, Torrance, CA 90503, USA - House for sale
Home For Sale In Torrance, California
20587 Madison Street, Torrance, CA 90503, USA

Home For Sale In Torrance, California

house for sale
views
Listed: 05/13/24

20587 Madison Street, Torrance, CA 90503, USA

6 Bed:
4 Bath:
2,255 Sq Ft Living Area:
Save
Price
$ 1,35M

About This House

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 until06/2027.They do pay rent of $6000 per month to the owner, so$72, 000per 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.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,3M

6
4
2,399 Sq Ft

$1,3M

Available: Right Now

Listed: 31/05/2024

4030 160th Street, Lawndale, CA 90260, USA

House
6
4
2,399 Sq Ft

Back on market !!! Buyer did not perform. outstanding owner user opportunity with fully renovated front house. Highly Desirable Lawndale Location West of Prairie Avenue and Half-Block from Alondra Park | Fully Renovated Front 4-Bedroom/...

$1,45M

Available: Right Now

Listed: 29/05/2024

24371 Pennsylvania Avenue, Harbor Hills, Lomita, CA 90717, USA

House
6
4
2,831 Sq Ft

Super clean 4 unit building Low maintance always rented. Would be great for an owner occupied Front unit has private enclosed front yard Each unit is seperately metered for electric and gas New washer and dryer 2 garages are vacant. Possible ADU Bord...

$1,1M

6
3
2,330 Sq Ft

$1,1M

Available: Right Now

24403 Doble Avenue, West Carson, CA 90710, USA

House
6
3
2,330 Sq Ft
Roof Deck
Garden
Hardwood Floors
Heating Central Furnace
Air Conditioning
Architecture Contemporary
Covering Floor Hardwood
Parking

$1,25M

Available: Right Now

Listed: 27/05/2024

1472 West 254th Street, Harbor Pines, Los Angeles, CA 90710, USA

House
6
5
3,281 Sq Ft

Excellent opportunity to own this unique 4 unit apartment building as an owner user or investment. Front unit is a detached 3 bedroom 2 bathroom house that features hard wood floors, spacious layout, dining area, washer/dryer hook ups and a detached ...

$1,1M

6
3
2,284 Sq Ft

$1,1M

Available: Right Now

Listed: 29/05/2024

1322 East Elsmere Drive, Carson, CA 90746, USA

House
6
3
2,284 Sq Ft

Welcome to 1322 Ellesmere Dr., Carson, CA 90746 ASpacious 2-Story Residence Perfect for Entertaining Discover your next home or business opportunity at 1322 Ellesmere Dr., a six-bedroom, three-bathroom house strategically positioned in one of Carson'...

$1,35M

Available: Right Now

Listed: 27/05/2024

Aviation/LAX Station, West 116th Street, Venice Canal Historic District, CA 90304, USA

House
6
4
2,701 Sq Ft

This exceptional property offers not just a home, but a versatile living arrangement that combines convenience, comfort, and investment potential. Upon arrival, you'll be greeted by a spacious driveway, providing ample parking for multiple vehicles. ...

Torrance Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Torrance, United States averaged $1,224,131, an increase of 6.9% from the previous month.
Median price trends for properties for sale in Torrance, United States as of May 2024.

Household Income

Median household income: $85,070
Number of households: 54,904
The average household income in Torrance, CA grew from $80,862 to $85,070 in the past year. This data is an estimate based upon 54,904 households in Torrance, CA.
The chart below presents how household income is distributed in Torrance, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Torrance, CA compared to median property taxes around the country. The prevalent amount of property taxes in Torrance, CA equals $3k+ , which is more than the national average.