$899,000
-$41,00020518 Raymond Avenue, Torrance CA 90502
Multi-Family (Duplex)
Property type
612 days
On market
$450
Price per sqft
0 cars
Garage
1959
Year built
6,209 sqft
Lot size
Open Houses
Overview
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....
Listing provided by: Jerry Lin DRE #02081688, Eddy Lee Jen Chao
Listing updated: Mar 26, 2026 at 10:26pm.
Last checked: Jun 5, 2026 at 01:01am
Source: CRMLS #WS24198823
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,000 | $3,000 | $3,200 | Furnished |
| 1 | 1 | 1 | — | $1,185 | $1,185 | $1,900 | Furnished |
| 1 | 1 | 1 | — | $880 | $880 | $1,100 | Furnished |
| 1 | 0 | 1 | — | $495 | $495 | $700 | Furnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $5,560
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
6.86%
NOI / List Price
Gross Scheduled Income: $66,720
Operating Expense: $5,020
Net Operating Income: $61,700
Annual Operating Expenses
Electric: $1,800
Fuel: $0
Insurance: $2,500
Trash: $0
Water / Sewer: $720
Interior
Appliances: Dryer, Washer
Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Dryer Included, Washer Included
Entry Location: Driveway
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7350008040
Additional Parcels: No
Tax Lot: 131
Zoning: LCR2*
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Park, Street Lights
Nearby Schools
Nearby schools around the 20518 Raymond Avenue, Torrance, CA 90502. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$719,200
Total Interest
$917,300
Total Payment
$1,636,500
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,632
per month
Property History for 20518 Raymond Avenue
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90502.
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