Equipped Restaurant
For Sale
$180,000
2140 W Artesia Boulevard N, Torrance, CA 90504
A compact Japanese curry operation includes a commercial kitchen and a lease extending through 2031.
Property Size512 SF
Price / SF$351.56
Days on Market9
Property Features for 2140 W Artesia Boulevard N
General Information
Standard status
Active
Size
512 SF
Property subtype
COMMERCIAL
Financials
Asking Price
$180,000
Business Included
Yes
Additional Details
Commercial Hood
Yes
Building Details
Tenancy
Multi
Listing Agency:
Kasumi Realty, Inc.
Listed By:
Yuri Yano · License #01241367
Source:
2buy
Added: Oct 6
Changed: Oct 11
Last Checked: Oct 13 at 12:49AM
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 Kasumi Realty, Inc.
Investment Insights
Based on property information with market context.
Curryfornia is a Japanese curry restaurant occupying 512 square feet in Van Art SQ. The premises include a commercial kitchen with a 12-foot hood. The business transfer also includes its recipes and operational training for the incoming operator.
The center is in North Torrance and includes Starbucks, Haas Restaurant, and The UPS Store. The current lease runs through May 31, 2031, with a 5-year renewal option. The restaurant is open Tuesday through Saturday for lunch from 11:30 AM to 2:00 PM and dinner from 6:00 PM to 8:45 PM; it is closed Sunday and Monday.
The center is in North Torrance and includes Starbucks, Haas Restaurant, and The UPS Store. The current lease runs through May 31, 2031, with a 5-year renewal option. The restaurant is open Tuesday through Saturday for lunch from 11:30 AM to 2:00 PM and dinner from 6:00 PM to 8:45 PM; it is closed Sunday and Monday.
Key Highlights
- 512 sq. ft. restaurant space with a commercial kitchen
- Kitchen includes a 12‑foot hood
- Lease runs through May 31, 2031, with a 5‑year renewal option
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,866
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,320
$277.3K
Cap Rate 7%
$198,086
$198.1K
Cap Rate 9%
$154,067
$154.1K
Market Conditions
NOI Build-Up for 512 SF
Gross rent
$18.9K $36.96/SF
− Vacancy
−$435 −$0.85/SF
EGI
$18.5K $36.11/SF
− OpEx
−$4.6K −$9.03/SF
NOI
$13.9K $27.08/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,320
Cap Rate 7%
$198,086
Cap Rate 9%
$154,067
Alternative Uses
Best Use
Specialty Retail
$198.1K
$173.3K – $231.1K
NOI $13,866 @ 7.0% cap · market cap 7.70%
Second Best
Industrial
$90.9K
$79.5K – $106.0K
NOI $6,360 @ 7.0% cap · market cap 3.53%
Theoretical Best
Multifamily LT 5
$10.37M
$9.08M – $12.10M
NOI $726,097 @ 7.0% cap · market cap 403.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 38%
Shops & Services 23%
Albertsons
Groceries
53,014 visits/mo
0.5 miles
Nijiya Market
Groceries
26,199 visits/mo
0.4 miles
Starbucks
Dining
25,124 visits/mo
0.0 miles
ARCO
Shops & Services
16,374 visits/mo
0.4 miles
Chevron
Shops & Services
14,574 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Shef's Catering Services — L 2140 Artesia Blvd Unit K, Torrance, CA 90504
- Shin-Sen-Gumi Shabu-Shabu — 1695 Artesia Blvd, Gardena, CA 90248
- California Rice Center — 16639 Gramercy Pl, Gardena, CA 90247
Frequently Asked Questions
What type of property is this?
Restaurant - A compact Japanese curry operation includes a commercial kitchen and a lease extending through 2031.
Where is this restaurant located?
The property is located at 2140 W Artesia Boulevard N Torrance, CA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 512 sq. ft. restaurant space with a commercial kitchen; Kitchen includes a 12‑foot hood; Lease runs through May 31, 2031, with a 5‑year renewal option
