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Turnkey Office Suite with Parking
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18093 PRAIRIE AVE, Torrance, CA 90504

Recently renovated furnished offices offer collaborative work areas, private suites, and four restrooms with on-site employee parking.

Property Size8,900 SF
Price / SF$556.18
Days on Market102

Property Features for 18093 PRAIRIE AVE

General Information

Standard status Active
Size 8,900 SF
Class B
Total Parking Spaces 32
Property subtype Retail, Office, Mixed Use
Lease Type NNN

Additional Details

Business Included Yes

Building Details

Year Built 1977
Stories 1
Units 8
Tenancy Multi
Listing Agency: The Legal Leads
Listed By: Matthew Massaband · License #CA
Source: Crexi
Added: Jul 2 Changed: Oct 7 Last Checked: Oct 11 at 3:52AM

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 The Legal Leads

Investment Insights

Based on property information with market context.

This recently renovated first and second floor office setup is designed for immediate occupancy with modern finishes and a plug-and-play configuration. Suites are fully furnished and include a workspace layout featuring 24 height-adjustable workstations, along with multiple private offices and executive suites. The plan also provides collaborative open work areas, professional conference and meeting rooms, and four private restrooms located within the premises. Abundant natural light supports a bright, efficient daytime work environment.

The property is located at 18093 Prairie Avenue in Torrance, CA, within a well-maintained professional building. It includes approximately 30 on-site parking spaces for employees and visitors, with additional street parking nearby, supporting day-to-day access for staff, clients, and meeting attendees.

For a tenant or buyer seeking an office environment that reduces start-up steps, the furnished, renovated condition and ready-to-operate floor layout can be a practical fit. The combination of open collaboration space, private offices, and conference rooms supports organizations that need both individual workstations and team meeting capability while benefiting from on-site parking and multiple restrooms.

Key Highlights

  • Year built 1977; recently renovated 1st and 2nd floor furnished office space with modern finishes
  • State‑of‑the‑art office layout with 24 height‑adjustable workstations, plus collaborative open work areas
  • Includes multiple private offices and executive suites, along with professional conference and meeting rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$204,255
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,085,100 $4.1M
Cap Rate 7%
$2,917,929 $2.9M
Cap Rate 9%
$2,269,500 $2.3M
Market Conditions
NOI Build-Up for 8,900 SF
Gross rent
$320.4K $36.00/SF
− Vacancy
−$48.1K −$5.40/SF
EGI
$272.3K $30.60/SF
− OpEx
−$68.1K −$7.65/SF
NOI
$204.3K $22.95/SF
Area
Torrance, CA
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,085,100
Cap Rate 7%
$2,917,929
Cap Rate 9%
$2,269,500

Alternative Uses

Best Use
Office B
$2.92M
$2.55M – $3.40M (±1% cap)
NOI $204,255 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$180.31M
$157.77M – $210.36M (±1% cap)
NOI $12,621,606 @ 7.0% cap · market cap 254.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Neotone Dental Lab Dental Office Electrize Transit Station The Visionary Group Advertising Agency Light of Knowledge Academy Church

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Food Market HVAC Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 90504, CA

32,503
Population
12,328
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
7,387
Density / Sq Mi
$105,474
Median Household Income
$55,683
Median Earnings
$2,225
Median Rent
$897,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Recently renovated furnished offices offer collaborative work areas, private suites, and four restrooms with on-site employee parking.
Where is this office units located?
The property is located at 18093 PRAIRIE AVE Torrance, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Year built 1977; recently renovated 1st and 2nd floor furnished office space with modern finishes; State‑of‑the‑art office layout with 24 height‑adjustable workstations, plus collaborative open work areas; Includes multiple private offices and executive suites, along with professional conference and meeting rooms
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