Millman Team Real Estate

$899,000
0.14 Acre Lot

20518 Raymond Avenue, Torrance, California 90502

  • Residential Income Property Type
  • 1959 Year Built
Property Description

Back on the market due to Buyer unable to close. Fumigation treatment complete along with major repairs. 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. Shared yard in front of the back house 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.

Basic Details
Residential Income
For Sale
WS24198823
$899,000
1959
0.14 Acre
Active
1
Duplex
Features
: None
: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Common Area
: Public Sewer
$0
Appliances
: Dryer, Washer
Address Map
CA
Los Angeles
Torrance
90502
Raymond
20518
Avenue
W119° 42' 14.7''
N33° 50' 38.7''
Exit Torrance Blvd off 110 Fwy. Raymond and Milton cross street.
123 - County Strip
LCR2*
Additional Information
$0
$0
$0
$0
$0
2000
: Park, Street Lights, Curbs
1
: 0-1 Unit/Acre
4
2024-10-01
940000
1
: Public
Broker/Agent Information
Eddy Lee Jen Chao
Jerry Lin
Listing Information
ws91068
22113
Cash,Conventional,Fannie Mae
Active
2026-03-26T22:26:06Z
CRMLS
: Standard
2025-08-26T09:41:07Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us