$4,995,000

20617 Amie Ave Torrance, CA 90503

West Torrance Neighborhood

Estimated payment $31,373/month

Total Views 5,258
12 Beds
20 Baths
11,208 Sq Ft
$446 Price per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Victor Elementary School Rated A
  • Laundry Room

About This Home

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

Listing Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.48 Acre Lot

Interior Spaces

  • 11,208 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 20 Bathrooms

Parking

  • 20 Parking Spaces
  • 20 Carport Spaces

Community Details

  • 20 Units
  • Laundry Facilities
  • Vacancy Allowance $10,851

Listing and Financial Details

  • Assessor Parcel Number 7524-011-046

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 11208
  • Lot Acreage: 0.4804
  • Price Per Unit: 249750.00
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Laundry: Laundry Area, Room, Community
  • Total Bathrooms: 20.00
  • Price Per S Q F T: 445.66

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Carport Spaces: 20
  • Covered Parking: 20
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 20

Utilities

  • Number Electric Meters: 1
  • Number Gas Meters: 1

Lot Info

  • Assessed Improvement Percent: 48.72
  • Assessed Improvement Value: 1238227
  • Assessed Land Percent: 51.28
  • Assessed Land Value: 1303497
  • Total Assessed Value: 2541724
  • Assessor Parcel Number: 7524-011-046
  • Lot Size Area: 20923

Rental Info

  • Total Actual Rent: 357240.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 20
  • Total Annual Expense: 158379
  • Type Of Units: 2+1|1+1|Std
  • Vacancy Allow: 10851
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 62437.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $4,995,000 -- $446 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25570587

The MLS
California Los Angeles County Torrance 90503 West Torrance

20617 Amie Ave, Torrance, CA

This home is located at 20617 Amie Ave, Torrance, CA 90503 and is currently priced at $4,995,000, approximately $445 per square foot. This property was built in 1961. 20617 Amie Ave is a home located in Los Angeles County with nearby schools including Victor Elementary School, Jefferson Middle School, and West High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Jonathan Nikfarjam
Listing Agent
Jonathan Nikfarjam
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Shield CRE, Inc.
(424) 381-0215