CA > Torrance
Torrance, CA 90503,20617 Amie Ave
Torrance, CA 90503,20617 Amie Ave
Torrance, CA 90503,20617 Amie Ave
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$4,995,000
Est. payment /mo
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12 Beds
20 Baths
11,208 SqFt
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20617 Amie Ave Torrance, CA 90503

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Jennifer D. Holmes

Jennifer D. Holmes

+1(214) 600-2972

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,208 sqft

Price per Sqft $445

MLS Listing ID 25570587

Bedrooms 12

Year Built 1961

Annual Tax Amount $62,437

Lot Size 0.480 Acres

Acres 0.4804

Property Sub-Type Multi-Family

Property Description

Highly Desirable Torrance Location - Just One Block East of Hawthorne Boulevard & South of Del Amo Boulevard | Located Less Than 2.5 Miles from the Beach & Close Proximity to Del Amo Fashion Center, King Harbor, Redondo Beach Pier & Village Del Amo | 6.28% Pro-Forma Cap Rate & 10.25 Pro-Forma GRM | 3.85% Current Cap Rate & 13.98 Current GRM | Large 20,923-SF Lot | Desirable Opportunity to Add ADUs | Roof Recently "Tuned Up" | Significant Value-Add Potential - Approximately 36% in Rental Upside | Investor Could Consider Implementing Utility Reimbursement Program (RUBS) to Decrease Operational Expenses & Increase Operating Income | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility - Generates Additional Income | Total of 20 Parking Spaces | Offered at $249,750 Per Unit

Location

State CA

County Los Angeles

Area Central Torrance

Zoning TORR-MH

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Laundry Laundry Area, Room, Community

Exterior

Parking Features Carport, Covered Parking

Garage Spaces 20.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Shield CRE, Inc.

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Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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