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    1820-1842 S Western Ave Torrance, CA 90501

    For Sale
    $17,488,888

    Fully leased shopping center anchored by Dollar Tree.

    Property size:
    37,578 SF
    Lot size:
    3.10 Acres

    Property Features for 1820-1842 S Western Ave

    General Information

    Size
    37,578 SF
    Lot size
    3.10 Acres

    Source: Newmark Agent Mark Repstad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Retail Complex For Sale

    A fully leased shopping center is available for sale. The stabilized retail complex is anchored by Dollar Tree, which has a fresh ten-year lease extension. The property has a size of 37578 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Western Plaza, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3091412
    Latitude
    33.8578381

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    FAQs

    What type of property is this?
    Shopping center - Fully leased shopping center anchored by Dollar Tree.
    Where is this shopping center located?
    The property is located at 1820-1842 S Western Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $17,488,888.
    What are key features of this property?
    This property features: - Fully leased shopping center provides immediate income.; - Stabilized retail complex offers a secure investment.; - Anchor tenant is Dollar Tree, a well-known retailer.
    (213) 453-1155
    Request Owner's contact information
    1820-1842 S Western Ave 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
    1820-1842 S Western Ave Torrance, CA 90501
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