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20721 Amie Avenue

Torrance, CA 90503

$6,100,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

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1971

calendar_month Built

Property Description

Located in the area of West Torrance, 20721 Amie Ave presents a prime investment opportunity in a great location w/ 27% rental upside. This substantial 16-unit apartment building boasts a strong unit mix, including (8) 3-bed/2-bath townhouse-style units and (8) 2-bed/2-bath units, with the majority of units having been remodeled. Each unit features its own private balcony or patio, providing tenants with a personal outdoor space surrounded by the building’s beautiful foliage. The property also includes well-landscaped grounds and a shared grass area, enhancing the living experience for residents. Offering a solid 4.94% CAP rate with significant upside potential & a 7.11% market CAP, this property is positioned for strong returns. Conveniently located just down the street from the Del Amo Fashion Center and a short 10-minute drive to the Redondo Beach Pier, 20721 Amie Ave combines a prime location with impressive investment potential.

Listing Information

List Price $6,100,000
Status Pending
MLS PW24163681
Type Residential Income
Subtype Mixed Use
Year Built 1971
Lot Size 17,506
Structure Size N/A
DOM 5
Courtesy Of Lyon Stahl Investment Real Est
Listing Agent Woody Stahl DRE#01399621
Co-Listing Agent Brett Lyon DRE#01717818

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

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king_bed N/A
shower N/A
straighten N/A
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Listing information courtesy of: Woody Stahl, Brett Lyon, Lyon Stahl Investment Real Est . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.