Retail/Multifamily Property in
For Sale
Contact for pricing
Pending
2022 Cabrillo, Torrance, CA 90501
Retail/Multifamily property with 1,992 square feet in Torrance, CA.
Property Size1,992 SF
Days on Market112
Property Features for 2022 Cabrillo
General Information
Standard status
Pending
Size
1,992 SF
Property subtype
Multifamily
Zoning
Assessor
Investment Type
Value Add
Building Details
Year Built
1941
Buildings
2
Stories
2
Units
3
Listing Agency:
Stream Realty Partners Greater L.A.
Listed By:
Pat Swanson · License #CA 01382974
Source:
Crexi
Added: May 13
Changed: Aug 8
Last Checked: Jul 24 at 2:48PM
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 Stream Realty Partners Greater L.A.
Investment Insights
Based on property information with market context.
This property, located in Torrance, California, is suitable for retail or multifamily use. The building provides 1,992 square feet of space.
Key Highlights
- Retail/Multifamily property offering diverse investment potential.
- Located in Torrance, CA, a desirable Southern California location.
- Property size of 1,992 square feet.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,352
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,007,040
$1.0M
Cap Rate 7%
$719,314
$719.3K
Cap Rate 9%
$559,467
$559.5K
Market Conditions
NOI Build-Up for 1,992 SF
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.
Gross rent
$73.6K $36.96/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$71.9K $36.11/SF
− OpEx
−$21.6K −$10.83/SF
NOI
$50.4K $25.28/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,007,040
Cap Rate 7%
$719,314
Cap Rate 9%
$559,467
Alternative Uses
Best Use
Apartment 5plus
$35.22M
$30.82M – $41.09M
NOI $2,465,208 @ 7.0% cap · market cap 226.79%
Second Best
Retail
$719.3K
$629.4K – $839.2K
NOI $50,352 @ 7.0% cap · market cap 4.63%
Theoretical Best
Multifamily LT 5
$40.36M
$35.31M – $47.08M
NOI $2,824,971 @ 7.0% cap · market cap 259.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,712
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail/Multifamily property with 1,992 square feet in Torrance, CA.
Where is this retail property located?
The property is located at 2022 Cabrillo Torrance, CA.
What is the asking price?
The asking price for this property is $1,087,000.
What are key features of this property?
This property features: Retail/Multifamily property offering diverse investment potential.; Located in Torrance, CA, a desirable Southern California location.; Property size of 1,992 square feet.
