20518 Raymond Avenue Torrance, CA ^$ 899,000

20518 Raymond Avenue

^$ 899,000

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20518 Raymond Avenue

Torrance, CA, 90502

^$ 899,000

Studio Baths2.0 Sq 2,000

Monthly Estimate*

^$ 5,609

Listed by Eddy Lee Jen Chao

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Studio

Multi-Family Home for sale in Torrance, CA

for $899,000 with 2 full baths. This 2,000 square foot home was built in 1959 on a lot size of 0.1425.

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.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1425

Year Built

1959

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

WS24198823

Days on Market

457

Features

General

Sewer Public Sewer

Appliances Dryer Washer

Zoning LCR2*

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1959

Tenant Pays Electricity Gas

Property Subtype Duplex

Gross Income 66720

Community Features Curbs Park Street Lights

County Los Angeles

Net Operating Income 61700

Operating Expense 5020

Insurance Expense 2500

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Exit Torrance Blvd off 110 Fwy. Raymond and Milton cross street.

City Torrance

Entry Location Driveway

Senior Community Y/N 0

Number Of Units Total 4

MLS Area 123 - County Strip

Lot Size Units Square Feet

Lot Size Square Feet 6209

Number of Units Leased 4

Listing Terms Cash Conventional Fannie Mae

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 1800

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 720

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 131

Total Actual Rent 5560

Property Sub Type Additional Duplex

Interior

Total Stories 1

Common Walls 1 Common Wall

Laundry Features Common Area Washer Hookup Electric Dryer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 6209

Number of Buildings 2

Building Area Total 2000

Lot Size Acres 0.1425

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Eddy Lee Jen Chao

Broker

jerry@apccusa.com

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$5,609

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Monthly Principal & Interest: $5,609
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Torrance, CA

Average List Price ^$2,582,350

Percent of Sale Price 187%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$899,000		Listed Price

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20518 Raymond Avenue, Torrance, CA, 90502 is a Multi-Family Home for sale at $899,000 with 2,000 sqft and a lot size of 0.1425. 20518 Raymond Avenue is a studio with 2.0 baths and was built in 1959. The property's zip code is 90502 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. 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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20518 Raymond Avenue

Multi-Family Home for sale in Torrance, CA

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