20518 Raymond Avenue, Torrance, CA

About 20518 Raymond Avenue

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.

Listing Map