Log In/Sign Up
20617 Amie Ave
Torrance, CA 90503
Amie Palms · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Highly Desirable Torrance Location - Just One Block East of Hawthorne Boulevard & South of Del Amo Boulevard | Large 20,923-SF Lot
- Studios Include Full Kitchens and Bathrooms (Gas Stove, Tub & Shower) | Roof Recently "Tuned Up" | Main Sewer Line Replaced in 2023
- SB 721 Balcony Inspection Performed and Upgraded Railings Height & Width to New Code Safety Standards | Total of 20 Parking Spaces
- 6.28% Pro-Forma Cap Rate & 10.25 Pro-Forma GRM | 3.85% Current Cap Rate & 13.98 Current GRM | No Local Rent Control - Defaults to AB 1482
- Investor Could Consider Implementing Utility Reimbursement Program (RUBS) to Decrease Operational Expenses & Increase Operating Income
- Located Less Than 2.5 Miles from the Beach & Close Proximity to Del Amo Fashion Center, King Harbor, Redondo Beach Pier & Village Del Amo
Property Facts
| No. Units | 20 | Building Size | 11,208 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | R3, Torrance - Limited Multiple Family Residence | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 11,208 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | R3, Torrance - Limited Multiple Family Residence |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,098 | - |
| 1+1 | 4 | $1,538 | - |
| Studios | 12 | $1,269 | - |
Property Taxes
| Parcel Number | 7524-011-046 | Improvements Assessment | $1,262,991 |
| Land Assessment | $1,329,566 | Total Assessment | $2,592,557 |
Property Taxes
Parcel Number
7524-011-046
Land Assessment
$1,329,566
Improvements Assessment
$1,262,991
Total Assessment
$2,592,557
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
