REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Sep

Mon

Sep

Tue

Sep

Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$4,995,000

Est. payment - /mo

12 Beds

20 Baths

11,208 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,208 sqft

Price per Sqft $445

MLS Listing ID 25570587

Bedrooms 12

HOA Y/N No

Year Built 1961

Lot Size 0.480 Acres

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

Location

State CA

County Los Angeles

Area 126 - Central Torrance

Zoning TORR-MH

Interior

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Covered, Carport

Carport Spaces 20

Total Parking Spaces 20

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7524011046

Special Listing Condition Standard

Read Less Info

Listed by Jonathan Nikfarjam Shield CRE, Inc.

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(818) 221-2921

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

20617 Amie AVE Torrance, CA 90503