Flex Space with Roll-Up
For Sale
Contact for pricing
2068 Torrance Blvd, Torrance, CA 90501
Versatile flex/industrial property with roll-up loading doors and surface parking for showroom, creative, or warehouse uses.
Property Size2,343 SF
Price / SF$533.50
Days on Market108
Property Features for 2068 Torrance Blvd
General Information
Standard status
Active
Size
2,343 SF
Total Parking Spaces
7
Property subtype
Retail, Industrial, Office
Zoning
TODC-CTR
Investment Type
Owner/User
Additional Details
Drive-In Doors
2
Building Details
Year Built
1947
Stories
1
Tenancy
Single
Listing Agency:
Major Properties
Listed By:
Minaz Ahamed · License #00913803
Source:
Crexi
Added: Jun 22
Changed: Sep 2
Last Checked: Oct 7 at 12:49PM
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 Major Properties
Investment Insights
Based on property information with market context.
This versatile flex space is well-suited for a range of retail and industrial applications, including showroom, creative office, warehouse, and automotive- or service-oriented uses. The property includes two ground-level roll-up loading doors designed to support light loading needs while keeping the space functional for customer-facing presentation. On-site parking is provided with approximately seven surface spaces.
The property is located at the southwest corner of Torrance Boulevard and Engracia Avenue in a high-traffic position. This corner placement supports strong access for both customers and business operations, and the site offers signage potential to help businesses get noticed.
For an owner-user or operator, the combination of flex functionality, ground-level loading, and convenient surface parking creates a practical setup for businesses that need both a customer-facing area and operational space. The layout accommodates a variety of concepts while maintaining the flexibility to support showroom traffic and basic warehouse-style use.
The property is located at the southwest corner of Torrance Boulevard and Engracia Avenue in a high-traffic position. This corner placement supports strong access for both customers and business operations, and the site offers signage potential to help businesses get noticed.
For an owner-user or operator, the combination of flex functionality, ground-level loading, and convenient surface parking creates a practical setup for businesses that need both a customer-facing area and operational space. The layout accommodates a variety of concepts while maintaining the flexibility to support showroom traffic and basic warehouse-style use.
Key Highlights
- Year built 1947
- Versatile multi‑use retail/industrial space suitable for showroom, creative office, warehouse, and more
- Located on the southwest corner of Torrance Boulevard and Engracia Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,343
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,860
$706.9K
Cap Rate 7%
$504,900
$504.9K
Cap Rate 9%
$392,700
$392.7K
Market Conditions
NOI Build-Up for 2,343 SF
Gross rent
$44.4K $18.96/SF
− Vacancy
−$2.8K −$1.21/SF
EGI
$41.6K $17.75/SF
− OpEx
−$6.2K −$2.66/SF
NOI
$35.3K $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 Rate 5%
$706,860
Cap Rate 7%
$504,900
Cap Rate 9%
$392,700
Alternative Uses
Best Use
Warehouse
$504.9K
$441.8K – $589.1K
NOI $35,343 @ 7.0% cap · market cap 2.83%
Second Best
Industrial
$415.8K
$363.8K – $485.1K
NOI $29,106 @ 7.0% cap · market cap 2.33%
Theoretical Best
Multifamily LT 5
$47.47M
$41.53M – $55.38M
NOI $3,322,744 @ 7.0% cap · market cap 265.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,808
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex/industrial property with roll-up loading doors and surface parking for showroom, creative, or warehouse uses.
Where is this flex space located?
The property is located at 2068 Torrance Blvd Torrance, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Year built 1947; Versatile multi‑use retail/industrial space suitable for showroom, creative office, warehouse, and more; Located on the southwest corner of Torrance Boulevard and Engracia Avenue
