For more information regarding the value of a property, please contact us for a free consultation.
20617 Amie Ave Torrance, CA 90503
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,208 sqft
Price per Sqft $408
MLS Listing ID 25570587
Sold Date 11/14/25
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 | Studios Include Full Kitchens and Bathrooms (Gas Stove, Tub & Shower) | Roof Recently "Tuned Up" | Main Sewer Line Replaced in 2023 | 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 | SB 721 Balcony Inspection Performed and Upgraded Railings Height & Width to New Code Safety Standards | 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
Read Less
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.
Bought with Shield CRE, Inc.