20617 Amie Avenue, 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
- Status
- CLOSED
- MLS#
- 25570587
- Year Built
- 1961
- Bedrooms
- 12
- Bathrooms
- 20
- Living Sq. Ft
- 11,208
- Lot Size
- 20,923
- Acres
- 0.48
- Days on Market
- 55
- Property Type
- Multifamily
- Stories
- Two Levels
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
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 20
Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..
Listing sold by Jonathan Nikfarjam from Shield CRE, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.