Top-Floor Office Unit with
For Sale
$550,000
Pending
1108 Sartori Avenue 300, Torrance, CA 90501
Open-plan workspace includes a private bathroom, kitchenette, and covered balcony.
Property Size938 SF
Days on Market459
Property Features for 1108 Sartori Avenue 300
General Information
Standard status
Pending
Size
938 SF
Elevators
Yes
Property subtype
Commercial/Industrial
Additional Details
Floor
Top Floor
Amenities
high ceilings
open floor plan
private covered balcony
floor-to-ceiling windows
panoramic views
separate HVAC system
in-unit private bathroom
kitchenette
Building Details
Year Built
2010
Listing Agency:
New Homes and Land Brokers
(310) 259-6698
Listed By:
Peter Wollner · License #01381742
(310) 259-6698
Source:
Exitrealty
Added: May 29, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Homes and Land Brokers
Investment Insights
Based on property information with market context.
This 938-square-foot office condominium occupies the top floor of a 2010 building at 1108 Sartori Avenue. The workspace features an open layout, high ceilings, floor-to-ceiling windows, and a private covered balcony. Separate HVAC, an in-unit bathroom, and a kitchenette support day-to-day office operations, while commercial elevator access serves the unit.
The property sits at the corner of Torrance Boulevard and Sartori Avenue in Downtown Torrance. Its setting provides views toward the surrounding cities and Palos Verdes Hills, with more than 12 restaurants within a few minutes’ walk. On-site parking is also available.
The property sits at the corner of Torrance Boulevard and Sartori Avenue in Downtown Torrance. Its setting provides views toward the surrounding cities and Palos Verdes Hills, with more than 12 restaurants within a few minutes’ walk. On-site parking is also available.
Key Highlights
- 938 SF top‑floor office condominium in a 2010 building
- Open layout with high ceilings and floor‑to‑ceiling windows
- Private covered balcony with views toward surrounding cities and Palos Verdes Hills
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,527
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,540
$430.5K
Cap Rate 7%
$307,529
$307.5K
Cap Rate 9%
$239,189
$239.2K
Market Conditions
NOI Build-Up for 938 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.8K $36.00/SF
− Vacancy
−$5.1K −$5.40/SF
EGI
$28.7K $30.60/SF
− OpEx
−$7.2K −$7.65/SF
NOI
$21.5K $22.95/SF
Area
Torrance, CA
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,540
Cap Rate 7%
$307,529
Cap Rate 9%
$239,189
Alternative Uses
Best Use
Office B
$307.5K
$269.1K – $358.8K
NOI $21,527 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$19.00M
$16.63M – $22.17M
NOI $1,330,232 @ 7.0% cap · market cap 241.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,615
Businesses Nearby
Explore this area
Business Placement
Demographics for 90501, CA
43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan workspace includes a private bathroom, kitchenette, and covered balcony.
Where is this office units located?
The property is located at 1108 Sartori Avenue 300 Torrance, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 938 SF top‑floor office condominium in a 2010 building; Open layout with high ceilings and floor‑to‑ceiling windows; Private covered balcony with views toward surrounding cities and Palos Verdes Hills
