$4,575,000

20617 Amie Ave, Torrance CA, 90503

Price per sqft$408.19

Built in1961

Property size11,208 sqft

Property typeMulti-family

Overview

Sold

Listed Jul 28, 2025

Updated 7 days ago

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

Additional information

MLS^® ID: 25570587

Interior Features

Bedrooms: 12
Bathrooms: 20
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.48 Acres

Other Property Details

Taxes: $62,437
Tax Frequency: Annually

Listed by Jonathan Nikfarjam with Shield CRE, Inc.
Listing Contact: 310-880-6807

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Data last updated 9/28/2026