Torrance Industrial Warehouse for
22809 Lockness Avenue Torrance, CA 90501
22809 Lockness Avenue, Torrance, CA, 90501
$2,980,000
For Sale
$2,980,000
Well-maintained 8,100 SF industrial warehouse in a desirable location.
Property Size8,100 SF
Lot Size0.42 Acres
Price / SF$367.90
Days on Market443
Property Features for 22809 Lockness Avenue
General Information
- Standard status
- Active
- Size
- 8,100 SF
- Lot size
- 0.42 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1988
Listing Agency
Realty ONE Group United
(310) 800-5828
Listed by
Debbie Miura · License #01052457
(310) 800-5828
Source
Exitrealty
Added: May 1, 2025 Checked: Jul 17 at 5:21 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 Realty ONE Group United
Investment Insights
Based on property information with market context.
This 8,100 square foot industrial warehouse is located in a desirable area and offers a versatile layout suitable for distribution, light manufacturing, or cannabis-related uses, subject to buyer verification with the city. The property features flexible space for offices, meetings, shipping, packing, and conference needs. It includes two bathrooms, one with a shower, and a ground-level loading door. Two separate staircases lead to the second floor, one accessing four private rooms and the other accessing three private rooms. Additionally, there are two private rooms on the ground floor, providing separation of workspaces. Security lighting and an alarm system are in place. The property is zoned LAM2 on an 18,245 square foot lot and includes 12 on-site parking spaces plus an additional half-sized space. Its location provides convenient access to the Ports of Long Beach and Los Angeles, LAX, and major freeways including 110, 105, 405, and 91, making it a logistics-friendly site. This property is suitable for owner-users, investors, or 1031 Exchange buyers and offers flexibility for full or partial occupancy with potential rental income.
Key Highlights
- Prime location near Ports of Long Beach and Los Angeles, LAX, and major freeways (110, 105, 405, 91) for logistics.
- Versatile 8,100 SF building suitable for distribution, light manufacturing, or cannabis‑related use (buyer to verify).
- Flexible layout with space for offices, meetings, shipping, packing, and conference needs.
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 | $153.6k | $18.96 |
| − Vacancy | −$9.8k | −$1.21 |
| EGI | $143.7k | $17.75 |
| − OpEx | −$21.6k | −$2.66 |
| NOI | $122.2k | $15.08 |
8,100 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,185 @ 7.0% cap · market cap 4.10%
Second Best
Industrial
$1.44M
$1.26M – $1.68M
NOI $100,623 @ 7.0% cap · market cap 3.38%
Theoretical Best
Multifamily LT 5
$164.10M
$143.59M – $191.45M
NOI $11,487,080 @ 7.0% cap · market cap 385.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Global Photo Associates
Professional Services
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FAQs
What type of property is this?
Warehouse - Well-maintained 8,100 SF industrial warehouse in a desirable location.
Where is this warehouse located?
The property is located at 22809 Lockness Avenue Torrance, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Prime location near Ports of Long Beach and Los Angeles, LAX, and major freeways (110, 105, 405, 91) for logistics.; Versatile 8,100 SF building suitable for distribution, light manufacturing, or cannabis‑related use (buyer to verify).; Flexible layout with space for offices, meetings, shipping, packing, and conference needs.
