Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    23840-23870 Madison St Torrance, CA 90505

    For Lease
    $7,950,000

    Two free-standing buildings with office and warehouse space for rent.

    Property size:
    27,991 SF
    Lot size:
    1.07 Acres

    Property Features for 23840-23870 Madison St

    General Information

    Size
    27,991 SF
    Lot size
    1.07 Acres

    Source: The Klabin Company Agent Tyler Rollema

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

    Overview

    Flex/Industrial Buildings Near Airport

    Two free-standing flex/industrial buildings are available for rent. Building A features 12,386 square feet of well-appointed, two-story office space. Building B offers 10,584 square feet of industrial warehouse space with six grade-level doors. The warehouse building (Building B) has direct access to Torrance Airport via four grade-level doors. There are 52 parking spaces available in the lot to the north, which is owned by the city. The total property size is 27,991 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    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

    Public Storage, Chopra Nandini, Torrance Airport Hangars, Sports Car Classics

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.34864
    Latitude
    33.8084934

    Nearby Similar for Lease

    • $750 /Mo
      26,776 SF

      Torrance Office Suites For Lease

      Flexible office suites available for lease in Torrance, California.
      23505 Crenshaw Blvd, Torrance, CA 90505
      View Details
    • New
      $2,500 /Mo
      1,200 SF

      Torrance Commercial Unit For Lease

      Commercial unit in West Torrance suitable for various uses.
      4040 Spencer St, Torrance, CA 90503
      View Details
    • $1,600 /Mo
      300 SF

      Torrance Commercial Space For Lease

      Commercial space available for lease in a high-traffic Torrance location.
      24460 Hawthorne Blvd, Torrance, CA 90505
      View Details
    • Contact for pricing
      86,444 SF

      Torrance Retail Space For Lease

      Prime retail space in a high-traffic Torrance location.
      1141-1259 W Carson St, Torrance, CA 90503
      View Details
    • Contact for pricing
      2,300 SF

      Torrance Drive-Thru Development Opportunity

      Prime corner lot ideal for QSR or fast-casual brands.
      2150 Artesia Blvd, Torrance, CA 90504
      View Details
    • $2 SF/Yr
      3,980 SF

      Torrance Retail Space on Hawthorne

      Retail space in active Torrance shopping center with high visibility.
      20912-20914 Hawthorne Blvd, Torrance, CA 90503
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two free-standing buildings with office and warehouse space for rent.
    Where is this warehouse located?
    The property is located at 23840-23870 Madison St Torrance, CA.
    What are key features of this property?
    This property features: - Direct access to Torrance Airport via 4 GL doors (Building B); - **10,584 SF Industrial Warehouse (Building B) with 6 GL doors**; - 12,386 SF of Well Appointed, 2-Story Office Space (Building A)
    (310) 329-9000
    Request Owner's contact information
    23840-23870 Madison St Torrance, CA 90505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23840-23870 Madison St
    Torrance, CA 90505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    23840-23870 Madison St Torrance, CA 90505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.