Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1311 W 218Th St Torrance, CA 90501

    Sponsored
    For Sale
    $1,825,000

    Commercial Sale - Torrance, CA

    Property size:
    3,350 SF
    Days on Market:
    2
    Last Refresh:
    Jan 27 at 2:06 pm

    Property Features for 1311 W 218Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    7346001046
    Size
    3,350 SF

    Building Details

    Year built
    1959
    Architectural style
    Other

    We can help!

    Listing Contact
    Gregg Perrah

    First Team Real Estate (949) 988-3000

    Listing agent Gregg Perrah (949) 988-3000 License #01200203

    Listing date Jan 26, 2026

    MLS# NP26018716 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Torrance Triplex with Additional Units

    This property in Torrance, California, is a multifamily residential income property featuring a triplex with two additional units situated on a single lot. The property offers 3350 square feet of space. It is located in Los Angeles County, with the postal code 90501.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3001604
    Latitude
    33.8304321

    Nearby Similar for Sale

    • $3,100,000
      8,100 SF

      Torrance Industrial Warehouse For Sale

      Well-maintained 8,100 SF industrial warehouse in a desirable location.
      22809 Lockness Ave, Torrance, CA 90501
      View Details
    • $1,750,000
      3,648 SF

      Mid-Century Modern Multifamily Investment

      Five-unit building in Old Torrance, ready for immediate occupancy.
      2363 Torrance Blvd, Torrance, CA 90501
      View Details
    • $848,000
      1,330 SF

      Remodeled Duplex Near 405 Freeway

      Fully remodeled duplex with upgraded systems, spacious backyard, ample parking.
      1551 Del Amo Blvd, Torrance, CA 90501
      View Details
    • New
      $839,000
      1,536 SF

      Torrance Income Property with Development Potential

      Two houses on a large lot, ideal for development or investment.
      21726 Halldale Ave, Torrance, CA 90501
      View Details
    • New
      $780,000
      Pending

      Charming Duplex in Torrance, CA

      Duplex with separate units, ideal for investors or multi-generational living.
      20616 Budlong Ave, Torrance, CA 90502
      View Details
    • $2,750,811
      7,563 SF

      Torrance Industrial Flex Condominium

      Two-story industrial flex condominium totaling 7,563 square feet for sale.
      2227 W 190Th St, Torrance, CA 90504
      View Details
    • New
      $1,100,000
      2,700 SF

      Torrance Quadruplex with ADU Potential

      Four units in great location with ADU potential.
      1562 W 226Th St, Torrance, CA 90501
      View Details
    • $6,499,000
      23,580 SF

      Torrance Office Building For Sale

      Freestanding Torrance office building with ample parking and high ceilings.
      17002 Prairie Ave, Torrance, CA 90504
      View Details
    • $979,000
      2,786 SF

      Torrance Duplex Near Harbor UCLA

      Duplex in Torrance with upside potential near Harbor UCLA.
      1510 W 227Th St, Torrance, CA 90501
      View Details
    • $899,999
      3,240 SF

      Torrance Commercial Property For Sale

      Commercial property in Torrance, CA, featuring retail, automotive, and parking.
      20406 Normandie Ave, Torrance, CA 90502
      View Details
    • $800,000
      1,430 SF

      Modern Townhome in Flora Walk

      Well-maintained 3-bedroom townhome with modern amenities in a desirable community.
      22244 Meyler St, Torrance, CA 90502
      View Details
    • $649,000

      Senior Community Condo

      Single-level condo in a 55+ active senior community.
      23009 Nadine Cir, Torrance, CA 90505
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex with two additional units on a single lot.
    Where is this triplex located?
    The property is located at 1311 W 218Th St Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - Triplex with 2 additional units offers a unique opportunity.; - Investment opportunity with multi-unit property.; - Multiple rental incomes provide immediate returns.
    (949) 836-0333
    Request Owner's contact information
    1311 W 218Th St Torrance, CA 90501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1311 W 218Th St
    Torrance, CA 90501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1311 W 218Th St Torrance, CA 90501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gregg Perrah
    Real Estate License ID: 01200203
    (949) 836-0333
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.