CA > Torrance
Torrance, CA 90503,20617 Amie Avenue
Torrance, CA 90503,20617 Amie Avenue
Torrance, CA 90503,20617 Amie Avenue
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$4,995,000
Est. payment /mo
11,208 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,208 sqft

Price per Sqft $445

MLS Listing ID CL25570587

HOA Y/N No

Year Built 1961

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Other

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 | 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

Location

State CA

County Los Angeles

Zoning TORR

Interior

Fireplace No

Laundry Common Area, Laundry Room

Building

New Construction No

Others

Tax ID 7524011046

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jonathan Nikfarjam • Shield CRE, Inc.
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+1(925) 383-9200

smiles4dee@gmail.com

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