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    20717 Berendo Ave Torrance, CA 90502

    For Sale
    $1,295,000

    Prime location, high-traffic area, strong rental income.

    Property size:
    2,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property, situated at 20717 Berendo Avenue in Torrance, California, presents a compelling investment opportunity. Spanning 2,880 square feet on a 0.13-acre lot, this property boasts a prime corner location at the intersection of Torrance Boulevard and Berendo Avenue. Its strategic placement offers excellent visibility and accessibility, being conveniently close to the 110 freeway and nestled within a thriving residential neighborhood. The property comprises a commercial unit, currently operating as a minimarket, and two residential apartments, each featuring two bedrooms. All units are currently occupied by reliable tenants, enjoying a positive landlord-tenant relationship. The property has been successfully self-managed by the owners for over a decade, demonstrating a consistent track record of minimal vacancy and strong rental income. The high traffic count on Torrance Boulevard further enhances the commercial unit's potential. This turnkey investment offers a rare chance to acquire a well-established, income-generating property in a desirable Torrance location. The sale includes only the real estate

    Property Features for 20717 Berendo Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,880 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -118.2929
    Latitude
    33.8423

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high-traffic area, strong rental income.
    Where is this mixed-use property located?
    The property is located at 20717 Berendo Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    (310) 541-8000
    Request Owner's contact information
    20717 Berendo Ave Torrance, CA 90502
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    Torrance, CA 90502
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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
    20717 Berendo Ave Torrance, CA 90502
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