20721 Amie Ave, Torrance, CA 90503

20721 Amie Ave, Torrance, CA 90503

Torrance, CA
$6,100,000

Property Description

TOWNHOUSE-STYLE UNITS, WELL-LANDSCAPED GROUNDS, 16-UNIT APARTMENT BUILDING, REMODELED UNITS, PRIVATE BALCONY, PATIO.

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.

Property Features

  • Sale Price: $6,100,000
  • Area Size: 21,260 sq ft
  • Year Built: 1971
  • Units: 16
  • Current Cap Rate: 4.94%

Lyon Stahl Investment Real Estate

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