Retail Property in Harbor
For Sale
$1,300,000
1627 W Carson, Torrance, CA 90501
Three-unit retail property with flexible layout and high traffic.
Property Size3,500 SF
Lot Size0.26 Acres
Price / SF$371.43
Days on Market236
Property Features for 1627 W Carson
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.26 Acres
Property subtype
Retail
Building Details
Building Size
3,500 SF
Year Built
1954
Listing Agency:
Apex Properties
Listed By:
Christopher Comfort · License #01407997
(818) 917-6558
Source:
2buy
Added: Mar 4
Changed: Oct 25
Last Checked: Oct 25 at 1:17AM
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 Apex Properties
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Investment Insights
Based on property information with market context.
This three-unit retail property is located within the commercial corridor of Harbor Gateway South. The property, with a Torrance mailing address, falls under the jurisdiction of Los Angeles, providing access to the city’s economic base and regulatory framework while benefiting from South Bay consumer traffic. The property includes an approximately 3,500 sq ft retail building on an 11,200 sq ft lot. The lot provides space for secure parking, storage, operational staging, or potential reconfiguration. The property is configured as three separate units, all owner-occupied and to be delivered vacant at the close of escrow. One unit features a commercial kitchen, including a restaurant-grade hood system, suited for food production, catering, ghost kitchen operations, or traditional restaurant use, subject to permits and approvals. The remaining two units are utilized as workshop space and offer flexible configurations adaptable to retail, creative studio, light industrial, service-oriented retail, or contractor uses. The rear portion of the property is gated and secured. The property is situated on the north side of Carson Street within the Harbor Gateway commercial corridor, with visibility and access to two major thoroughfares enhancing connectivity between the South Bay and greater Los Angeles. It is located less than one mile from Harbor-UCLA Medical Center, supporting food, service, and convenience-oriented retail uses. The location has a Walk Score of 79, a Bike Score of 51, and a Transit Score of 36.
Key Highlights
- Delivered Vacant: Rare opportunity for immediate owner‑user occupancy or investor lease‑up.
- Strategic Location: Positioned in the strong Harbor Gateway South commercial corridor, adjacent to the South Bay and close to Harbor‑UCLA Medical Center.
- Flexible Configuration: Three separate units adaptable to various retail, creative, light industrial, or service‑oriented uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,789
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,895,780
$1.9M
Cap Rate 7%
$1,354,129
$1.4M
Cap Rate 9%
$1,053,211
$1.1M
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$129.4K $36.96/SF
− Vacancy
−$3.0K −$0.85/SF
EGI
$126.4K $36.11/SF
− OpEx
−$31.6K −$9.03/SF
NOI
$94.8K $27.08/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,895,780
Cap Rate 7%
$1,354,129
Cap Rate 9%
$1,053,211
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,789 @ 7.0% cap · market cap 7.29%
Second Best
Retail
$1.26M
$1.11M – $1.47M
NOI $88,469 @ 7.0% cap · market cap 6.81%
Theoretical Best
Multifamily LT 5
$70.91M
$62.04M – $82.73M
NOI $4,963,553 @ 7.0% cap · market cap 381.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
222k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Dining 28%
Groceries 24%
Home Improvements & Furnishings 17%
Ralphs
Groceries
53,847 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
37,833 visits/mo
0.5 miles
McDonald's
Dining
34,879 visits/mo
0.2 miles
Daiso USA
Shops & Services
21,665 visits/mo
0.2 miles
ARCO
Shops & Services
15,043 visits/mo
0.0 miles
Demographics for 90501, CA
43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Floreria Mexico #2 — 1613 w 226th st, torrance, ca 90501
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- Hanadai USA — 1820 W 220th St UNIT 210, Torrance, CA 90501
- Bloom Maven — 1616 Cravens Ave, Torrance, CA 90501
- Torrance Flower Shop — 1400 Cravens Ave, Torrance, CA 90501
Frequently Asked Questions
What type of property is this?
Storefront property - Three-unit retail property with flexible layout and high traffic.
Where is this storefront property located?
The property is located at 1627 W Carson Torrance, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Delivered Vacant: Rare opportunity for immediate owner‑user occupancy or investor lease‑up.; Strategic Location: Positioned in the strong Harbor Gateway South commercial corridor, adjacent to the South Bay and close to Harbor‑UCLA Medical Center.; Flexible Configuration: Three separate units adaptable to various retail, creative, light industrial, or service‑oriented uses.
