Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW24163681
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Garage: 34 Car(s)
Contact Information
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 726-3391
Co-Listing Agent
Brett Lyon
License #: 01717818
Phone: (310) 706-4066
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
20721 Amie Ave is a Residential Income in Torrance, CA 90503. This – square foot property sits on a 17,506 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,175,000 and was built in 1971. This address can also be written as 20721 Amie Ave, Torrance, CA 90503.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Woody Stahl, (310) 726-3391
