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+16263946606
iQsold inc
20617 Amie Ave, Torrance, CA 90503
- $4,575,000
- 12
- BD
- 20
- BA
- 11,208
- SqFt
- Sold Price
- $4,575,000
- List Price
- $4,995,000
- Closing Date
- Nov 14, 2025
- MLS#
- 25570587
- Year Built
- 1961
- Bedrooms
- 12
- Bathrooms
- 20
- Living Sq. Ft
- 11,208
- Lot Size
- 20,923
- Days on Market
- 59
- Property Type
- Multifamily
- Stories
- 2
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
Additional Information
- Other Buildings
- Other
- Heat
- Other
- Cooling
- Other
- Number of Cars in Garage
- Carport, Covered Parking
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Courtesy of Shield CRE, Inc., Jonathan Nikfarjam - CA DRE#01856803 Selling Office: .
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