20617 Amie Avenue
Torrance, CA, 90503
$4,995,000
Beds
0 Baths
SqFt
0.48 Acres
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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

Property Details

Price:
$4,995,000
MLS #:
25570587
Status:
Active
Baths:
0
Address:
20617 Amie Avenue
Type:
Residential Income
Neighborhood:
126centraltorrance
City:
Torrance
Listed Date:
Jul 28, 2025
State:
CA
ZIP:
90503
Lot Size:
20,923 sqft / 0.48 acres (approx)
Year Built:
1961
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Interior

Laundry Features
Individual Room, Community

Exterior

Parking Features
Carport, Covered
Parking Spots
20.00

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20617 Amie Avenue
Torrance, CA