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    22593 Western Ave Torrance, CA 90501

    For Sale
    $895,000

    High-yield single-tenant industrial building.

    Property size:
    4,653 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 4,653 square foot industrial property, situated on a 0.27-acre lot at 22593 Western Avenue Unit 1, Torrance, CA, presents a compelling investment opportunity. The building features bow truss construction and is currently utilized as a light industrial manufacturing facility. A significant advantage is the long-term tenancy, with the current business occupying the space for over 30 years and having 7 years remaining on a 10-year lease. This lease includes annual rent increases tied to the local Consumer Price Index (CPI), providing inflation protection. The property boasts a prime location on a major commercial corridor, offering convenient access to the 110, 105, and 405 freeway systems. Recent upgrades include a new roof (2023), a new electrical box, and a bathroom currently under construction. The current gross monthly rental income is $3,894, with the next CPI-adjusted increase scheduled for September 25th. This single-tenant investment is priced below market value for comparable properties in the Torrance industrial market, presenting a tremendous value-add opportunity upon lease expiration. The low cost per square foot further enhances its attractiveness. This property offers a strong combination of stable income, long-term tenancy, and significant future upside potential.

    Property Features for 22593 Western Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    4,653 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial 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
    -118.3094
    Latitude
    33.82162

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    FAQs

    What type of property is this?
    Industrial property - High-yield single-tenant industrial building.
    Where is this industrial property located?
    The property is located at 22593 Western Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $895,000.
    (310) 378-9494
    Request Owner's contact information
    22593 Western Ave Torrance, CA 90501
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    Torrance, CA 90501
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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
    22593 Western Ave Torrance, CA 90501
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