20617 Amie Avenue, Torrance, CA 90503
Local realty services provided by:ERA Excel Realty
20617 Amie Avenue,Torrance, CA 90503
$4,995,000
- 12 Beds
- 20 Baths
- 11,208 sq. ft.
- Multi-family
- Active
Listed by:jonathan nikfarjam
Office:shield cre, inc.
MLS#:25570587
Source:CRMLS
Price summary
- Price:$4,995,000
- Price per sq. ft.:$445.66
About this home
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
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Home facts
- Year built:1961
- Listing ID #:25570587
- Added:64 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:20
- Living area:11,208 sq. ft.
Structure and exterior
- Year built:1961
- Building area:11,208 sq. ft.
- Lot area:0.48 Acres
Finances and disclosures
- Price:$4,995,000
- Price per sq. ft.:$445.66
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