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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
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20617 Amie Avenue
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  • MLS#: 25570587 ( )
  • Street Address: 20617 Amie Avenue
  • Viewed: 12
  • Price: $4,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 37
  • Additional Information
  • County: LOS ANGELES
  • City: Torrance
  • Zipcode: 90503
  • Provided by: Shield CRE, Inc.
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • 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 | 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
Features
Building Area Total
  1. 11208.00
Carport Spaces
  1. 20.00
Country
  1. US
Laundry Features
  1. Individual Room
  2. Community
Levels
  1. Two
Netoperatingincome
  1. 192499.00
Parcel Number
  1. 7524011046
Parking Features
  1. Carport
  2. Covered
Sourcesystemkey
  1. 25570587:CLAW
Totalexpenses
  1. 158379.00
Views
  1. 12
Year Built
  1. 1961
Year Built Source
  1. Other
Zoning
  1. TORR-MH
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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