Contact Xavier Gomez
Schedule A Showing
20617 Amie Avenue, Torrance, CA 90503
Priced at Only: $4,995,000
For more Information Call
Mobile: 714.478.6676
Address: 20617 Amie Avenue, Torrance, CA 90503
Property Photos
Property Location and Similar Properties
- MLS#: 25570587 ( )
- Street Address: 20617 Amie Avenue
- Viewed: 7
- Price: $4,995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 90
- Additional Information
- County: LOS ANGELES
- City: Torrance
- Zipcode: 90503
- Provided by: Shield CRE, Inc.
- Contact: Jonathan Jonathan

- DMCA Notice
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DescriptionHighly 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
Features
Building Area Total
- 11208.00
Carport Spaces
- 20.00
Country
- US
Laundry Features
- Individual Room
- Community
Levels
- Two
Netoperatingincome
- 192499.00
Parcel Number
- 7524011046
Parking Features
- Carport
- Covered
Sourcesystemkey
- 25570587:CLAW
Totalexpenses
- 158379.00
Year Built
- 1961
Year Built Source
- Other
Zoning
- TORR-MH
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com




















