2 months on rocket

20518 Raymond Ave, Torrance, CA, 90502

$940,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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20518 Raymond Ave, Torrance$940,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1959
MLS #WS24198823
Lot Size0.14 Acres
StatusActive

About 20518 Raymond Ave

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 with the bonus of its own private yard. To add to the income stream, the garage was converted to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: Eddy Lee Jen Chao
  • Office Phone: (626) 215-6309
  • Listing Agent: Jerry Lin

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $940,000

Tax Information:

  • Annual Amount: $3,795
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Torrance, CA.

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Torrance, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$693

Avg. Days On Market

31

# of Sold Homes

82

20518 Raymond Ave vs Torrance

83 DAYS ON ROCKET

+52 Days

$940,000

-$99.1K Less

KEY TAKEAWAY

This property is $99.1K less than the Median Sold Price in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24198823

Listing Office:

  • Office Name: Eddy Lee Jen Chao
  • Office Phone: (626) 215-6309
  • Listing Agent: Jerry Lin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2021Home Sold
$749,000
Apr 06, 1999Home Sold
$180,000
May 10, 1996Home Sold
$149,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,795$261,197
2020$3,680$258,005
2019$3,567$252,947
2018$3,494$247,988
2017$3,494$243,127

History based on county public records data.

Payment Calculator

$4,759

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,885

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1348200
7
/10

  • Van Deene Avenue Elementary

  • 826 Javelin St

  • 0.58 miles

  • Public District Grades KG-6

school-card-donut-1348201
5
/10

  • Halldale Avenue School

  • 21514 Halldale Ave

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-1348202
5
/10

  • Meyler Street Elementary

  • 1123 W 223rd St

  • 1.30 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,844. The majority of Torrance, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Torrance›90502›20518 Raymond Ave

This home is located at 20518 Raymond Ave in Torrance, CA and zip code 90502 in the West Carson neighborhood. This home, which was built in 1959, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $940,000.

Over 38 listings were sold over their listed price in November 2024 in Torrance, CA. In the same period over 32 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Torrance, CA decreased by 12.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,039,125, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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