CA > Torrance
Torrance, CA 90503,20617 Amie AVE
Torrance, CA 90503,20617 Amie AVE
Torrance, CA 90503,20617 Amie AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,995,000
Est. payment /mo
12 Beds
20 Baths
11,208 SqFt
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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 | 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

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

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CRMLS – RECore
Listed by Jonathan Nikfarjam Shield CRE, Inc.

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