Torrance Industrial Warehouse For
2423 Moreton Torrance, CA 90505
2423 Moreton, Torrance, CA, 90505
$3,000,000
For Sale
$3,000,000
6,000 SF industrial warehouse on a 14,047 SF lot.
Property Size6,000 SF
Lot Size0.32 Acres
Price / SF$500
Days on Market85
Property Features for 2423 Moreton
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.32 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing Agency
Keller Williams Coastal Properties
(562) 375-4592
Listed by
Richard Rodriguez · License #02060568
(562) 375-4592
Source
Elliman
Added: Apr 24 Checked: Jul 17 at 4:53 am
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 Keller Williams Coastal Properties
Investment Insights
Based on property information with market context.
This 6,000 SF industrial warehouse is located in Torrance on a 14,047 SF lot. It is suitable for manufacturing, fabrication, distribution, or storage. The building features 400 AMP, 3-phase power, making it suitable for heavy equipment, machinery, and high-demand electrical operations. The generous lot size provides on-site parking, yard space, and access for deliveries and daily operations. The property is located in an industrial corridor with access to major freeways and surrounding South Bay markets. It is ideal for manufacturing and light industrial use, contractor or service-based businesses, equipment storage and distribution, or owner-user investment. The property has a bike score of 60, making it bikeable, a walk score of 83, making it very walkable, and a transit score of 36, indicating some transit options.
Key Highlights
- 6,000 SF industrial warehouse on a 14,047 SF lot in Torrance.
- 400 AMP, 3‑phase power, ideal for heavy equipment and high‑demand electrical operations.
- Excellent on‑site parking and yard space for deliveries and daily operations.
Local Financial Insights For Warehouse
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 | $113.8k | $18.96 |
| − Vacancy | −$7.3k | −$1.21 |
| EGI | $106.5k | $17.75 |
| − OpEx | −$16.0k | −$2.66 |
| NOI | $90.5k | $15.08 |
6,000 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,507 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$1.06M
$931.7K – $1.24M
NOI $74,536 @ 7.0% cap · market cap 2.48%
Theoretical Best
Multifamily LT 5
$121.56M
$106.36M – $141.82M
NOI $8,508,948 @ 7.0% cap · market cap 283.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
Similar Off Market Nearby
- US Storage Centers — 23711 Crenshaw Blvd, Torrance, CA 90505
- Real Estate Mgmt — 23545 Crenshaw Blvd, Torrance, CA 90505
- Nearby Self Storage Units — 2746 E Pacific Coast Hwy, Torrance, CA 90505
- Redondo Van & Storage — 2675 skypark dr unit 2, torrance, ca 90505
FAQs
What type of property is this?
Warehouse - 6,000 SF industrial warehouse on a 14,047 SF lot.
Where is this warehouse located?
The property is located at 2423 Moreton 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: 6,000 SF industrial warehouse on a 14,047 SF lot in Torrance.; 400 AMP, 3‑phase power, ideal for heavy equipment and high‑demand electrical operations.; Excellent on‑site parking and yard space for deliveries and daily operations.
