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$4,995,000
11 Days On Site

20617 Amie Avenue
Torrance, CA 90503

For Sale|Residential Income|Active
12
Beds
20
Total Baths
11,208
SqFt
$446
/SqFt
1961
Built
County:
Los Angeles
Listed by Jonathan Nikfarjam of Shield CRE, Inc. [email protected]

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949-774-8692
20617 Amie Avenue20617 Amie Avenue20617 Amie Avenue20617 Amie Avenue
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Monthly Payment (Est.)

$22,789
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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

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Listing Snapshot
Price 
$4,995,000
Days On Site 
11 Days
Bedrooms 
12
Inside Area (SqFt) 
11,208 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4803 Acres
Year Built 
1961
MLS® Number 
25570587
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.4803
Carport 
20
Number Of Stories 
2
Parking 
CoveredCarport
Parking Spaces 
20
Special Circumstances 
Standard
SqFt Total 
11208
Stories 
Two
Zoning 
TORR-MH
Interior Features
Laundry Features 
Common AreaLaundry Room
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Community Features
MLS Area 
126 - Central Torrance


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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