ActiveSingleFamilyResidence

20506 Catalina Street

Torrance, CA, 90502

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$699,000

MLS: 26792963

Beds

3

Baths

2

Sq Ft

1,400

Lot

0.14 ac

Year Built

1919

MLS #

26792963

Days on Market

10

Listed

May 2, 2026

Description

*FIX AND FLIP OPPORTUNITY!* 3 bed 2 bath home on a large R2 lot with incredible potential. Restore this classic Craftsman to its former glory and explore the opportunity to add an additional unit. Features include a spacious living room, formal oversized dining room with beautiful built ins, two large bedrooms and a smaller third bedroom ideal for an office or nursery, plus a screened in porch and indoor laundry room. The expansive yard offers a covered patio and plenty of outdoor space, along with a gated driveway that accommodates multiple vehicles. Conveniently located near shopping, dining, and freeway access. This is a fantastic opportunity! Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses,condition,development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

Location

Torrance, Los Angeles County, CA 90502

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Listed by: Pila Jessie · KHORR Realty

Payment estimate

$5,271

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%
Principal & Interest
$3,980
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Torrance home with as little as 3.5% down using an FHA loan — roughly $24,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.