Torrance Medical Office Condos For
For Sale
$3,000,000
3232 Sepulveda Boulevard, Torrance, CA 90505
Professional office condos in a sought-after Torrance business complex.
Property Size5,220 SF
Price / SF$574.71
Days on Market197
Property Features for 3232 Sepulveda Boulevard
General Information
Standard status
Active
Size
5,220 SF
Property subtype
Office
Listing Agency:
CBRE - South Bay
Listed By:
Jamie K. Brooks · License #1434718
(310) 363-4881
Source:
Cbre
Added: Mar 25
Changed: Oct 3
Last Checked: Oct 7 at 8:33AM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
The property features approximately 5,220 square feet of office medical condos. This offering presents a unique opportunity to acquire a professional office condo within the Madrona Medical & Professional Center, a well-established and sought-after business complex in Torrance. Located at 3232 Sepulveda Boulevard, units 125-134 span a portion of a well-maintained multi-tenant building ideally suited for medical, wellness, or general office use. Torrance is a stable and desirable submarket in the South Bay region of Los Angeles County, known for its business-friendly environment, strong healthcare infrastructure, and proximity to major transportation hubs, attracting professional service firms and medical users. The property is located in a high-demand corridor with a strong tenant mix, in a walkable and transit-accessible area, and in close proximity to retail, dining, and healthcare services. Ample on-site parking and well-maintained landscaping are available throughout the complex. A reciprocal parking agreement is in place with 7 exclusive spaces. FF&E is negotiable. It is ideal for owner-users in healthcare, therapy, or professional services.
Key Highlights
- Approximately 5,220 SF office/medical condo in the sought‑after Madrona Medical & Professional Center.
- Ideally suited for medical, wellness, or general office use.
- Located in Torrance, a stable and desirable submarket with a business‑friendly environment and strong healthcare infrastructure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,799
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,395,980
$2.4M
Cap Rate 7%
$1,711,414
$1.7M
Cap Rate 9%
$1,331,100
$1.3M
Market Conditions
NOI Build-Up for 5,220 SF
Gross rent
$187.9K $36.00/SF
− Vacancy
−$28.2K −$5.40/SF
EGI
$159.7K $30.60/SF
− OpEx
−$39.9K −$7.65/SF
NOI
$119.8K $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 Rate 5%
$2,395,980
Cap Rate 7%
$1,711,414
Cap Rate 9%
$1,331,100
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $119,799 @ 7.0% cap · market cap 3.99%
Second Best
Healthcare Medical
$998.7K
$873.8K – $1.17M
NOI $69,906 @ 7.0% cap · market cap 2.33%
Theoretical Best
Multifamily LT 5
$105.75M
$92.53M – $123.38M
NOI $7,402,785 @ 7.0% cap · market cap 246.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90505, CA
36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional office condos in a sought-after Torrance business complex.
Where is this medical office space located?
The property is located at 3232 Sepulveda Boulevard Torrance, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approximately **5,220 SF office/medical condo** in the sought‑after Madrona Medical & Professional Center.; Ideally suited for medical, wellness, or general office use.; Located in Torrance, a stable and desirable submarket with a business‑friendly environment and strong healthcare infrastructure.
