24241 Madison
Torrance, CA, 90505
(No pictures available yet)
$1,380,000
Original list price: $1,360,000
MLS: SB26098242
Beds
4
Baths
2
Sq Ft
1,756
Lot
0.13 ac
Year Built
1963
MLS #
SB26098242
Days on Market
7
Listed
May 5, 2026
Description
Welcome to this updated duplex in charming Waltera. Each unit offers a two bedrooms and one full bathroom, large kitchen with built in laundry, spacious living room and dining space. The front unit has one car detached garage and the back unit has an attached one car garage. Both units have been renovated, have new central AC/heater systems, electrical, recessed lights, laminated flooring, doors, blinds, paint, windows , kitchen cabinets with quartz countertops, and full tile bathroom with a tub. Each unit shares a patio area and the back unit has own backyard. Walking distance to Walteria Elementary School and Hillside Village make this a great location. Both units are rented by strong tenants. Please "TEXT" with your info for any question.
Location
Torrance, Los Angeles County, CA 90505
Open on Google Maps ↗Listed by: Moonjoo Bae · The Realestate Group
Payment estimate
$10,113
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $138,000 · Loan: $1,242,000
- Principal & Interest
- $7,858
- Property tax (1.25%)
- $1,438
- Homeowners insurance
- $300
- Mortgage insurance
- $518
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
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 $48,300 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
See Torrance, CA 90505 market trends →
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
Only large teams outsell Mike Watson · Keller Williams Realty
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