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 #
CRPW24163681
MLS Source
California Regional MLS
Garage/Parking
Garage: 34 Car(s)
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
# Buildings | # Leased Units | # Total Units |
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1 | – | – |
20721 Amie Ave is a Residential Income in Torrance, CA 90503. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1971.
This address can also be written as 20721 Amie Ave, Torrance, CA 90503.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 14, 2024. For the most current information, please contact Woody Stahl, (310) 726-3391