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    17002 Prairie Ave Torrance, CA 90504

    Sponsored
    For Sale
    Under Contract
    $6,499,000

    Commercial Sale - Torrance, CA

    Property size:
    23,580 SF
    Days on Market:
    340
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 17002 Prairie Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    4087021021
    Interior features
    Elevators
    Accessibility
    Accessible Elevator Installed
    Size
    23,580 SF

    Building Details

    Year built
    1983
    Architectural style
    Other

    Century 21 Union Realty (310) 371-6330 [email protected]

    Listing agent Steve Hwang (310) 371-6330 License #01406095

    Listing date Jan 31, 2025

    MLS# SB22220839 Listing URL

    Copyright © 2025 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.

    Overview

    Torrance Office Building For Sale

    This freestanding office building is located on a high-traffic corner between Artesia Boulevard and Redondo Beach Boulevard in Torrance, California. The property, with a lot size of over 1 acre, includes more than 90 parking spaces and has been updated via an insurance company due to a fire from outside of the building in 2018. The building offers great signage opportunities and easy freeway access. Inside, the property features high ceilings up to 13 feet and a large open space on the first floor that can accommodate up to 200 people. The second floor includes multiple offices of various sizes and many windows for natural light. Currently, the building is used by a church and seminary schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cohen University And Theological ... School 세계성경장로교회 Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3433425
    Latitude
    33.8761848

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    FAQs

    What type of property is this?
    Office building - Freestanding Torrance office building with ample parking and high ceilings.
    Where is this office building located?
    The property is located at 17002 Prairie Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $6,499,000.
    What are key features of this property?
    This property features: - Prime location on a high-traffic corner between Artesia Blvd & Redondo Beach Blvd.; - Large lot size (over 1 acre) with 90+ parking spaces and gated access.; - Major updates completed in 2018 due to fire damage.
    (310) 634-9979
    Request Owner's contact information
    17002 Prairie Ave Torrance, CA 90504
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    Torrance, CA 90504
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    Realmo Value Estimation

    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.

    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.

    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
    17002 Prairie Ave Torrance, CA 90504
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