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20551 Madison St, Torrance, CA 90503
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20551 Madison St Torrance, CA 90503

$1,350,000
  • 6 Beds
  • 4 Baths
  • 2,255 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 20551 Madison St, Torrance, CA 90503

Property Overview: 20551 Madison St Torrance, CA has 6 bedrooms, 4 bathrooms, 2,255 living square feet and 6,257 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Craig Marson | BRE #01210177 | First Team Real Estate
Last checked: 3 minutes ago | Last updated: May 10th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
6,257
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
DW24093768
City
Torrance
County
Los Angeles
Time on Site
10 days

Open Houses for 20551 Madison St

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Property Details for 20551 Madison St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 6
  • Downstairs Bathrooms: 4
  • Kitchen, Laundry, Living Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 7524021012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Torrance Unified
Location / Neighborhood
Location Information
  • Directions: Hawthorne to spencer to madison
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Torrance Agent

Sale History for 20551 Madison St

View property's historical transactions

  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: DW24093768

    $1,350,000

    Price

Tax History for 20551 Madison St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

20551 Madison St is listed 35.68% higher than the median list price for the city of Torrance which has a median list price of $995,000. The median price per/sqft for Torrance is $681 and this home is listed at $598.67 per/sqft which puts the price per square foot 12.09% lower than the median price per square foot for the city of Torrance.

About 20551 Madison St

Detailed summary of property

20551 Madison St is a single family home located in Torrance, CA 90503 and is currently for sale. This house offers 6 bedrooms, 4 bathrooms, roughly 2,255 living square feet, and sits on an approximately 6,257 square foot lot. 20551 Madison St was first listed on ArdentRealEstateGroup.com on May 9, 2024. The homeowner is currently asking $1,350,000. The median priced home in Torrance is $995,000 with a median price per square foot of $681. Based on Ardent Real Estate Group's Torrance Market Data, this home is listed 35.68% higher than the median priced home. Local competing homes currently for sale include 7655 Kittyhawk Ave, 7114 Glasgow Ave and 7842 Truxton Ave. While the average home in Torrance, CA is selling in 25 days, 20551 Madison St has a days on market of 9 days. There are currently 188 homes for sale in the Torrance real estate market and 127 of them are single family homes while 37 of them are condos and 24 are townhomes. For more information on this home for sale at 20551 Madison St Torrance, CA 90503 contact Ardent Real Estate Group and we will put you in touch with one of our Torrance agents.

Public Facts for 20551 Madison St

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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The source for these homes facts are from public records.

90503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,190,000
Median List Price/Sq.Ft.
$713
Median Sold Price
$1,035,000
Median Sold Price/Sq.Ft.
$664
Total Inventory
49
Median Sale to List Price %
94.09%
Avg Days on Market
23
Loan Type
Conventional (34.78%), FHA (0%), VA (0%), Cash (21.74%), Other (39.13%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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