Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1417 Marcelina Ave Torrance, CA 90501

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial space featuring artist loft concept and high-end finishes.

    Lot size:
    0.11 Acres

    Property Features for 1417 Marcelina Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1924

    We can help!

    Listing Contact
    Steve Notaro
    Source: Elliman

    Listing Agent: Steve Notaro

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

    Learn more

    Overview

    Retail Space with Urban Design

    This commercial space offers 1425 square feet and includes a handicapped-accessible bathroom and shower. Designed with an artist loft concept, the interior features urban design elements and high-end finishes. The rear of the unit contains a kitchen and closet. The front of the unit is ready to be remodeled for retail use. The exterior is complete, and the location offers access to free city parking.
    Location Intelligence

    Current Use by Public Records

    Marcelina Apartments Apartment Building Frank's Lock & Key Locksmith

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3154701
    Latitude
    33.8339998

    Nearby Similar for Lease

    • Contact for pricing
      11,600 SF

      Flexible Space in Old Torrance

      2528 SF space for lease in downtown Torrance.
      1321 Sartori Ave, Torrance, CA 90501
      View Details
    • Sponsored
      Contact for pricing

      Del Amo

      Flexible workspace in Hamilton Avenue
      21515 Hawthorne Blvd, Torrance, CA 90503
      View Details
    • Contact for pricing

      CA, Torrance - Skypark Ave

      Discover many ways to work your way in Pembrook Commons
      2790 Skypark Ave, Torrance, CA 90505
      View Details
    • Contact for pricing

      CA, Torrance - Hawthorne Blvd

      Discover many ways to work your way in San Antonio Airport
      23820 Hawthorne Blvd, Torrance, CA 23820
      View Details
    • $750 /Mo

      Torrance Creative Office Suites

      Flexible office suites suitable for creative office uses.
      23505 Crenshaw Blvd, Torrance, CA 90505
      View Details
    • Contact for pricing

      Torrance Two-Story Office Building

      Two-story Torrance office building with high visibility and flexible layout.
      2321 Torrance Blvd, Torrance, CA 90501
      View Details
    • $2 SF/Yr

      Torrance Office Space For Rent

      Office suite in Torrance with easy freeway access.
      1977 W 190Th St, Torrance, CA 90504
      View Details
    • $1.85 SF/Yr
      11,414 SF

      Torrance Industrial Park Flex Space

      Multi-tenant industrial park with open office, warehouse, and kitchenette.
      2401 W 208Th St, Torrance, CA 90501
      View Details
    • Contact for pricing

      Torrance Flex Space Available

      Flex space available for lease or sale in Torrance.
      23840-23870 Madison St, Torrance, CA 90505
      View Details
    • $1.85 SF/Yr

      Torrance Technology Center Unit E5

      Flex, industrial, warehouse, and office space for rent.
      2443 W 208Th St, Torrance, CA 90501
      View Details
    • $1.61 SF/Yr

      Torrance Flex Space For Lease

      Flex space available for lease in Torrance, California.
      1355-1365 Storm Pkwy, Torrance, CA 90501
      View Details
    • $1.85 SF/Yr

      Torrance Technology Center Unit

      Flex space available for rent in Torrance Technology Center.
      2443 W 208Th St, Torrance, CA 90501
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial space featuring artist loft concept and high-end finishes.
    Where is this retail space located?
    The property is located at 1417 Marcelina Ave Torrance, CA.
    What are key features of this property?
    This property features: - 1425 sq ft commercial space.; - Handicapped accessible bathroom and shower.; - **Artist loft concept with urban design and high-end finishes.**
    (310) 749-5740
    Request Owner's contact information
    1417 Marcelina Ave Torrance, CA 90501
    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.
    1417 Marcelina Ave
    Torrance, CA 90501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1417 Marcelina Ave Torrance, CA 90501
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steve Notaro
    (310) 749-5740
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!