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$899,000

20518 Raymond Ave Torrance, CA 90502

0.1 acres
Multi-Family

Property details

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 (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.

Highlights

Home typeDuplex
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.1425 Acres
Year built1959
MLS #WS24198823

Summary

  • Appliances: Dryer, Washer
  • Private Pool: No
  • List Price: $899,000
  • HOA Amount: $0
  • Annual Tax Amount: $11,693
  • Tax Year: 2024
  • Directions: Exit Torrance Blvd off 110 Fwy. Raymond and Milton cross street.
  • Year Built: 1959
  • Stories: 1
  • Lot Size: 0.1425 Acres
  • MLS Number: WS24198823
  • MLS Name: CRMLS
  • 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: 7/30/2025, 3:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$903,587$11,693
2023$764,500$9,875
2022$749,520$9,393
2021$261,197$3,795
2020$258,005$3,680
2019$252,947$3,567
2018$247,988$3,494
2017$243,127$3,494

History based on county public records data.

Nearby schools

7

Van Deene Avenue Elementary

Public District KG-6

0.6 mi

826 Javelin St

5

Halldale Avenue School

Public District KG-5

0.8 mi

21514 Halldale Ave

5

Meyler Street Elementary

Public District KG-5

1.3 mi

1123 W 223rd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

23%
<35k
51%
35k-100k
16%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20518 Raymond Ave

The listing price of 20518 Raymond Ave property is $899,000.

The property 20518 Raymond Ave is a multi located in Torrance, California, 90502.

Accepting Backup Offers: 20518 Raymond Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 20518 Raymond Ave are: Van Deene Avenue Elementary (GreatSchools Rating 7/10), Halldale Avenue School (GreatSchools Rating 5/10), Meyler Street Elementary (GreatSchools Rating 5/10), White Middle School (GreatSchools Rating 4/10), Caroldale Learning Community (GreatSchools Rating 6/10), Carnegie Middle School (GreatSchools Rating 5/10), Moneta Continuation (GreatSchools Rating 1/10), New Millennium Secondary School (GreatSchools Rating 4/10), Gardena Senior High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $11,693 (source: MLS/based on county public records data).

The last sale was on July 20, 2021 for $749,000 (source: MLS/tax record).

The year of construction for 20518 Raymond Ave is 1959.

This home is located at 20518 Raymond Ave in Torrance, CA and zip code 90502 in the West Carson neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $899,000.

In June 2025 more than 43 listings in Torrance, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 27 were sold below. In June 2025 in Torrance, CA there were 1.8% more homes for sale than in May. The median list price of listings available in June 2025 was $1,100,000, while the average time on the real estate market was 19 days.

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

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