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Four-Unit Office/Retail Building with Rooftop Deck

1321 Post Avenue Torrance, CA 90501

1321 Post Avenue, Torrance, CA, 90501
$2,099,999
For Sale
$2,099,999

Three-story, four-unit office/retail building with a vacant rooftop-deck suite; parking lot across street has 10 spaces.

Property Size3,204 SF
Price / SF$655.43
Days on Market205

Property Features for 1321 Post Avenue

General Information

Standard status
Active
Size
3,204 SF
Property subtype
General Commercial

Building Details

Year Built
2005
Listing agency Shield CRE, Inc.
Listed by Gianluca Jacoli · License #01938297
Source Xome
Added: Dec 28, 2025 Updated: Jul 20 at 9:25PM Checked: Jul 21 at 3:54AM

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 Shield CRE, Inc.


Investment Insights

Based on property information with market context.

Built in 2005, this three-story, four-unit office/retail property presents an owner-user opportunity with three units delivered vacant. The largest available space is a 1,290 SF upgraded unit featuring a rooftop deck, HVAC, and a private restroom.

Located on Post Avenue in Old Town Torrance, the building offers strong street frontage and ample street parking. An additional parking lot across the street provides 10 designated parking spaces. The offering is also positioned for investment leasing of the remaining vacancy with a new NNN lease structure, and the remarks cite a 5.23% pro-forma cap rate and a 5.09% current cap rate.

Key Highlights

  • Three‑story, four‑unit office/retail building built in 2005 in Old Town Torrance
  • One large 1,290 SF vacant unit is upgraded and includes a rooftop deck, HVAC, and a private restroom
  • Zoning: TODC‑CTR; 11 parking spaces on‑site, plus a parking lot across the street with 10 designated spaces

Local Financial Insights For Retail

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 $118.4k $36.96
− Vacancy −$2.7k −$0.85
EGI $115.7k $36.11
− OpEx −$34.7k −$10.83
NOI $81.0k $25.28
3,204 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $80,987 @ 7.0% cap · market cap 3.86%
Second Best
Office B
$1.05M
$919.2K – $1.23M (±1% cap)
NOI $73,532 @ 7.0% cap · market cap 3.50%
Theoretical Best
Multifamily LT 5
$64.91M
$56.80M – $75.73M (±1% cap)
NOI $4,543,778 @ 7.0% cap · market cap 216.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Gold Mart Jewelers (Bike/Boat/Book/etc) Store Nonstop Travel, Inc Travel Agency Sunset Relax Detoxing ... Counselor Interstate Personnel Services Employment Agency Marsatta Chocolate Experience ... Specialty Food Shop

Suggested Use

Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Pet Store Supermarket Pet Store & Service Pet Grooming Service Butcher

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

FAQs

What type of property is this?
Office units - Three-story, four-unit office/retail building with a vacant rooftop-deck suite; parking lot across street has 10 spaces.
Where is this office units located?
The property is located at 1321 Post Avenue Torrance, CA.
What is the asking price?
The asking price for this property is $2,099,999.
What are key features of this property?
This property features: Three‑story, four‑unit office/retail building built in 2005 in Old Town Torrance; One large 1,290 SF vacant unit is upgraded and includes a rooftop deck, HVAC, and a private restroom; Zoning: TODC‑CTR; 11 parking spaces on‑site, plus a parking lot across the street with 10 designated spaces
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