Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17915 S Western Ave Torrance, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Gated and secured lot with manufacturing zoning and freeway access.

    Type:LAND
    Property size:
    15,458 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $75/SF
    Added:
    Feb 27, 2025
    Days on Market:
    424
    Last Refresh:
    Apr 5 at 8:41 pm

    Property Features for 17915 S Western Ave

    General Information

    Standard status
    Active
    Size
    15,458 SF
    Lot size
    0.35 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Kyle Degener
    Kyle Degener

    Listing agent Kyle Degener

    Listing office Colliers - El Segundo

    Listing date Feb 27, 2025

    Source Moodyscre

    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 Colliers - El Segundo

    Overview

    Torrance Land with Billboard Income

    This property features approximately 15,458 square feet of land. The lot is gated and secured. It benefits from additional income generated by a billboard. The property is zoned ML (Manufacturing Light). It offers excellent access to the 405 and 110 Freeways and is located on a major thoroughfare in Torrance, CA.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.311
    Latitude
    33.8567

    Nearby Similar for Sale

    • $1,600,000
      2,275 SF

      Torrance Retail/Office Investment Opportunity

      Freestanding retail/office building in Torrance with income potential.
      18750 Crenshaw, Torrance, CA 90504
      View Details
    • $1,250,000
      2,800 SF

      Torrance Commercial Space For Sale

      Prime downtown Torrance location ideal for retail or office.
      1276 Sartori, Torrance, CA 90501
      View Details
    • $4,999,900
      23,580 SF

      Torrance Office Building For Sale

      Office building in prime location with high traffic and parking.
      17002 Prairie Avenue, Torrance, CA 90504
      View Details
    • $69,000
      17,872 SF

      Established Upholstery Business Opportunity

      Upholstery business established since 1999 with repeat customers.
      22702 S Western Avenue, Torrance, CA 90501
      View Details
    • $3,000,000
      6,000 SF

      Torrance Industrial Warehouse Opportunity

      6,000 SF industrial warehouse for sale in Torrance, CA.
      2423 Moreton, Torrance, CA 90505
      View Details
    • $1,450,000
      2,324 SF

      Torrance Medical Building For Sale

      Single-story medical building in Torrance, suitable for owner-use or investment.
      1629 Crenshaw, Torrance, CA 90501
      View Details
    • $45,000

      Established Barber/Beauty Shop Opportunity

      Prime location barber/beauty shop with loyal customer base.
      3125 Artesia, Torrance, CA 90504
      View Details
    • $1,750,000
      3,648 SF

      Mid-Century Modern 5-Unit Collection

      Meticulously maintained 5-unit investment property in the heart of Old Torrance.
      2363 Torrance Boulevard, Torrance, CA 90501
      View Details
    • $999,500
      2,700 SF

      Torrance Quadruplex with Development Potential

      Four units, long-term tenants, development potential in Torrance, CA.
      1562 W 226th, Torrance, CA 90501
      View Details
    • $950,000
      2,014 SF

      Torrance Multifamily Property with Development Potential

      Multifamily property with development potential in a desirable Torrance location.
      1617 W 224th St, Torrance, CA 90501
      View Details
    • $1,499,000
      3,396 SF

      Torrance Triplex with Spacious Units

      Charming triplex in Old Downtown Torrance with income potential.
      1334 Engracia Avenue, Torrance, CA 90501
      View Details
    • $780,000
      1,152 SF

      Torrance Home with ADU Potential

      Single-family residence on a large lot with ADU potential.
      1524 W 223rd, Torrance, CA 90501
      View Details

    FAQs

    What type of property is this?
    Land - Gated and secured lot with manufacturing zoning and freeway access.
    Where is this land located?
    The property is located at 17915 S Western Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,174,000.
    What are key features of this property?
    This property features: Excellent Access to 405/110 Fwys; ±15,458 SF of Land; ML Zoning (Manufacturing Light)
    (310) 617-8694 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kyle Degener
    Kyle Degener
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!