Freestanding Flex Warehouse with
For Sale
Contact for pricing
20608 Earl St, Torrance, CA 90503
Freestanding facility with heavy power, two ground level loading doors, and a paved, fenced yard.
Property Size12,025 SF
Price / SF$390.02
Days on Market162
Property Features for 20608 Earl St
General Information
Standard status
Active
Size
12,025 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Business Included
No
Amenities
paved yard
Listing Agency:
Lee & Associates - Torrance
(310) 768-8800
Listed By:
Matthew Palumbo · License #02170562
(310) 403-4254
Source:
Moodyscre
Added: Apr 9
Changed: Sep 2
Last Checked: Sep 16 at 4:31PM
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 Lee & Associates - Torrance
Investment Insights
Based on property information with market context.
This freestanding flex/industrial building includes approximately 2,615 SF of office space and a practical warehouse layout supported by heavy power. The facility is equipped with two ground level loading doors and includes a paved, fenced yard area for storage or staging.
Located at 20608 Earl St in Torrance, CA 90503, the property is well-suited for users that need on-site office space alongside straightforward loading access and an enclosed exterior yard.
The combination of office space, heavy power service, and ground level loading plus a paved, fenced yard supports a range of operational needs where both interior workspace and exterior staging are required.
Located at 20608 Earl St in Torrance, CA 90503, the property is well-suited for users that need on-site office space alongside straightforward loading access and an enclosed exterior yard.
The combination of office space, heavy power service, and ground level loading plus a paved, fenced yard supports a range of operational needs where both interior workspace and exterior staging are required.
Key Highlights
- Freestanding building offering 2,615 SF of office space
- Heavy power available
- Two ground‑level loading doors
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
$181,392
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
3.87%
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%
$3,627,840
$3.6M
Cap Rate 7%
$2,591,314
$2.6M
Cap Rate 9%
$2,015,467
$2.0M
Market Conditions
NOI Build-Up for 12,025 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
$228.0K $18.96/SF
− Vacancy
−$14.6K −$1.21/SF
EGI
$213.4K $17.75/SF
− OpEx
−$32.0K −$2.66/SF
NOI
$181.4K $15.08/SF
Area
Torrance, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
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%
$3,627,840
Cap Rate 7%
$2,591,314
Cap Rate 9%
$2,015,467
Alternative Uses
Best Use
Warehouse
$2.59M
$2.27M – $3.02M
NOI $181,392 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$2.13M
$1.87M – $2.49M
NOI $149,382 @ 7.0% cap · market cap 3.19%
Theoretical Best
Multifamily LT 5
$243.62M
$213.17M – $284.22M
NOI $17,053,350 @ 7.0% cap · market cap 363.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,301
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90503, CA
45,386
Population
18,189
Households
2.5
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
5.3 sq mi
ZIP Area
8,563
Density / Sq Mi
$119,685
Median Household Income
$71,848
Median Earnings
$2,249
Median Rent
$1,058,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding facility with heavy power, two ground level loading doors, and a paved, fenced yard.
Where is this flex space located?
The property is located at 20608 Earl St Torrance, CA.
What is the asking price?
The asking price for this property is $4,690,000.
What are key features of this property?
This property features: Freestanding building offering 2,615 SF of office space; Heavy power available; Two ground‑level loading doors
