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20518 Raymond Avenue, Torrance, CA 90502
4
beds
3
baths
2016
ft2
· 6209
ft2 lot
$749,000
$372 / ft2
Listing provided courtesy of Christine Ballesteros, RE/MAX Estate Properties.
Source CRMLS.
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!!!!
HOA
$—/month
On market
3 months
Year built
1959
Property type
Multi-Family
Parking
4
MLS
SB21012163
Price / Sq.Ft.
$372 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Inside
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 2016.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Back Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1425
•   
Lot Size Area: 6209.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 1800.00
•   
Maintenance Expense: 1000.00
•   
Cap Rate: 4.00
•   
Total Actual Rent: 4150.00
•   
Fuel Expense: 500.00
•   
Trash Expense: 600.00
•   
New Taxes Expense: 8400.00
•   
Insurance Expense: 1500.00
•   
Total Expenses: 16800.00
•   
Gross Scheduled Income: 49800.00
•   
Operating Expense: 16800.00
•   
Gross Multiplier: 15.60
Tax/Assessment Info
•   
Gross Income: 4125.00
•   
Tax Year: 2020
•   
Taxes: 3818.0
Lease Info
•   
Net Operating Income: 33000.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 3000.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1025.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1025.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1850.00
•   
Unit 1 Total Rent: 1850.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks, Street Lights
School Info
•   
Directions: Torrance Blvd East past Normandie, left on Raymond one block
Virtual Tour Link
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Virtual Tour Url Unbranded
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Calculation
•   
Dom: 59
•   
Cdom: 59
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 23, 2021 11:19am
Neighborhood snapshot
20
Properties for sale
7
Median days on market
$457.30
Median sold price/sqft
102.32%
Sold/List %
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Property History
04/05/2021
04/05/2021
CRMLS #SB21012163
active
CRMLS #SB21012163
$749,000
03/15/2021
03/15/2021
CRMLS #SB21012163
pending
CRMLS #SB21012163
$749,000
02/26/2021
02/26/2021
CRMLS #SB21012163
active
CRMLS #SB21012163
$749,000
--3.35%
01/24/2021
01/24/2021
CRMLS #SB21012163
active
CRMLS #SB21012163
$775,000
+330.56%
04/05/1999
04/05/1999
Public Record
sold
Public Record
$180,000
+20.81%
See more property history
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