Freestanding Office Building For
23717 Hawthorne Boulevard Torrance, CA 90505
For Sale
$3,700,000
Freestanding office building with ample parking in prime location.
Property Size14,737 SF
Price / SF$251.07
Days on Market127
Property Features for 23717 Hawthorne Boulevard
General Information
Standard status
Active
Size
14,737 SF
Property subtype
Office
Listing Agency:
(310) 363-4947
Listed By:
John Lane · License #01894667
(310) 363-4947
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 29 at 5:05AM
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 John Lane
Investment Insights
Based on property information with market context.
This freestanding office building is located on Hawthorne Boulevard. The property offers ample on-site surface parking. The building is suitable for office use.
Key Highlights
- Prime Hawthorne Blvd location
- Freestanding office building
- Ample on‑site surface parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $530.5k | $36.00 |
| − Vacancy | −$79.6k | −$5.40 |
| EGI | $451.0k | $30.60 |
| − OpEx | −$112.7k | −$7.65 |
| NOI | $338.2k | $22.95 |
14,737 SF · lease $36.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.83M
$4.23M – $5.64M
NOI $338,214 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$298.56M
$261.24M – $348.32M
NOI $20,899,394 @ 7.0% cap · market cap 564.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with ample parking in prime location.
Where is this office building located?
The property is located at 23717 Hawthorne Boulevard Torrance, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Prime Hawthorne Blvd location; Freestanding office building; Ample on‑site surface parking
