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20520 S Western Ave, Torrance, CA, 90501

$2,480,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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20520 S Western Ave, Torrance$2,480,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built2017
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #PV24227444
Lot Size0.14 Acres
StatusActive

About 20520 S Western Ave

A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 5.92% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features many nice restaurants and shops. There are 2 buildings on the property; each building has 2 units. The main level offers an open living room, a modern kitchen and one bedroom with its own bathroom. The upper level has two ensuite bedrooms, storage areas and balconies. Laminated floors throughout. Each unit has an attached 2-car tandem parking garage with a laundry closet. There are fenced front and backyards with gated driveway.

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Stories: 3

Listing Office:

  • Office Name: RE/MAX Estate Properties
  • Office Phone: (310) 999-8812
  • Listing Agent: Jackie Wang-Dojiri

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of Torrance Blvd between 205th and 206th Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,480,000

Tax Information:

  • Annual Amount: $26,244
  • 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

29

# of Sold Homes

86

20520 S Western Ave vs Torrance

1 DAY ON ROCKET

-28 Days

$2,480,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more 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: #PV24227444

Listing Office:

  • Office Name: RE/MAX Estate Properties
  • Office Phone: (310) 999-8812
  • Listing Agent: Jackie Wang-Dojiri

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: 11/23/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$26,244$2,142,300
2020$25,461$2,120,335
2019 - $2,078,760
2018$5,080$988,791

History based on county public records data.

Payment Calculator

$12.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,502

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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-1020448
5
/10

  • Halldale Avenue School

  • 21514 Halldale Ave

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-1020449
7
/10

  • Van Deene Avenue Elementary

  • 826 Javelin St

  • 1.22 miles

  • Public District Grades KG-6

school-card-donut-1020450
5
/10

  • 186th Street Elementary

  • 1581 W 186th St

  • 1.26 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,780. Typical income of Torrance, CA residents is less than $35k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Torrance›90501›20520 S Western Ave

This home is located at 20520 S Western Ave in Torrance, CA and zip code 90501 in the Harbor Gateway neighborhood. This home, which was built in 2017, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $2,480,000.

Over 38 listings were sold over their listed price in October 2024 in Torrance, CA. In the same period over 32 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Torrance, CA increased by 2.8% between September 2024 and October 2024. In October 2024 median list price was $1,037,888 and the average listing age was 29 days.

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

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