Under ContractSingleFamilyResidence

24802 Madison

Torrance, CA, 90505

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$1,720,000

Original list price: $172,000

MLS: IN26123805

Beds

4

Baths

3

Sq Ft

2,226

Lot

0.12 ac

Year Built

1971

MLS #

IN26123805

Days on Market

1

Listed

Jun 7, 2026

Description

Welcome to this beautiful remodeled and freshly painted home, offering space, comfort, and exceptional versatility in a highly desirable neighborhood of Country Hills area. As you enter through the elegant French front doors, you are welcomed into a spacious living room featuring recessed lighting and a cozy fireplace, creating a warm and inviting atmosphere. The living room flows seamlessly into a bright and airy dining area highlighted by a charming bay window overlooking the large private backyard, complete with flowers planters and plenty of space for outdoor enjoyment. Adjacent to the dining area is a generously sized kitchen featuring recessed lighting, beautiful granite countertops, ample cabinetry, and abundant workspace for cooking and entertaining. This magnificent home offers 4 spacious bedrooms and 2.5 bathrooms, along with two separate family rooms. One of the upstairs family rooms is connected to the expansive primary suite and features a fireplace and private bar, making it ideal as an entertainment room, home office, exercise room, media room, or private retreat. The luxurious primary suite includes two walk-in closets, providing exceptional storage space. Beautiful laminate hardwood flooring extends throughout the home, while the bathrooms feature attractive and durable tile flooring. Additional storage is available in the attic and the oversized three-car garage. The private laundry room is conveniently located in the garage and includes a utility sink for added functionality. Natural light fills every room, creating a bright and airy ambiance throughout the home. The attractive front yard and large backyard provide excellent spaces for family gatherings, outdoor dining, and BBQ entertainment. This exceptional property offers tremendous potential and is ideally located within walking distance of Walteria Elementary School. Residents will enjoy nearby walking paths, dog friendly areas, and pleasant neighborhood promenades. The home is also conveniently located near shopping centers, banks, restaurants, car dealerships, De Portola Park and Redondo Beach. With its generous floor plan, flexible living spaces, abundant storage, and prime location, this outstanding home presents a rare opportunity to enjoy comfortable Southern California living at its finest.

Location

Torrance, Los Angeles County, CA 90505

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Listed by: Patrice Hui Bon Hoa · HOME TEAM REALTY

Payment estimate

$12,541

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $172,000 · Loan: $1,548,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$9,805
Property tax (1.25%)
$1,792
Homeowners insurance
$300
Mortgage insurance
$645
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $60,200 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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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.