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    20518 Raymond Avenue

    Torrance, CA 90502
    • $749,000
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: SB21012163
    UPDATED: 64 min ago
    $749,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,016
      SQFT
    • $372
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Back on Market. Duplex with 2 individual Houses. Front house is a nicely updated 3 Bedroom 2 Bath. Laminate & tile flooring throughout. Smooth ceilings open living room with a good sized kitchen & dining area. Inside Laundry hook-ups. Private backyard area. REAR Back house over 800 SF , 1 Bedroom 1 Bath. (Situated in the very back of property, not in view from the street) has a big fenced in back yard. This one bedroom is a cute cozy bungalow & has a pergo type laminate flooring in the living- room & wood burning fireplace. Electrical and plumbing done approximately 5 years ago. MIDDLE OF LOT is a garage. Currently being used as a , 1 Bedroom 1 Bath apt, plus a Single apt. w/1 Bath (unpermitted sq ft.) & great EXTRA income. Back house & garage units share a covered exterior laundry facility (not part of SF). NO LA RENT CONTROL in LA County. Parking for 4 cars. Quiet area with a nice wide street. Potential income of $60,000/year, 12.7 X Gross. BEST PRICED in the area!!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T00:28:33.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113594358
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    20518 Raymond Avenue Torrance, CA 90502

    • Price: $749,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: SB21012163
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,016
    SQFT
    $372
    $/SQFT
    1959
    Built
    Neighborhood:
    123 - County Strip
    County:
    Los Angeles
    Area:
    123 - County Strip
    Property Description
    Back on Market. Duplex with 2 individual Houses. Front house is a nicely updated 3 Bedroom 2 Bath. Laminate & tile flooring throughout. Smooth ceilings open living room with a good sized kitchen & dining area. Inside Laundry hook-ups. Private backyard area. REAR Back house over 800 SF , 1 Bedroom 1 Bath. (Situated in the very back of property, not in view from the street) has a big fenced in back yard. This one bedroom is a cute cozy bungalow & has a pergo type laminate flooring in the living- room & wood burning fireplace. Electrical and plumbing done approximately 5 years ago. MIDDLE OF LOT is a garage. Currently being used as a , 1 Bedroom 1 Bath apt, plus a Single apt. w/1 Bath (unpermitted sq ft.) & great EXTRA income. Back house & garage units share a covered exterior laundry facility (not part of SF). NO LA RENT CONTROL in LA County. Parking for 4 cars. Quiet area with a nice wide street. Potential income of $60,000/year, 12.7 X Gross. BEST PRICED in the area!!!!
    Exterior Features

    Lot Features Back Yard Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 4 Common Interest None Community Features Street LightsSidewalks Contingency If You Need One Unit Vacant For BuyerWe Will Workwith You To Give A Notice To One Of The Units. Electric Expense 3000 Fuel Expense 500 Garage YN No Gross Income 4125 Gross Scheduled Income 49800 Insurance Expense 1500 Land Lease YN No Laundry Features Common AreaInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Maintenance Expense 1000 Net Operating Income 33000 New Construction YN No New Taxes Expense 8400 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 16800 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4150 Trash Expense 600 Water Sewer Expense 1800 Water Source Public

    Listing provided courtesy of Christine Ballesteros of Re/Max Estate Properties and James Harrison of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T00:28:33.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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