Torrance Mixed-Use Property for
2210 West 229th Street Torrance, CA 90501
2210 West 229th Street, Torrance, CA, 90501
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For Sale
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Mixed-use property in Torrance, CA, suitable for retail or residential.
Property Size2,880 SF
Price / SF$426.74
Days on Market66
Property Features for 2210 West 229th Street
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1964
Listing Agency
Stream Realty Partners Greater L.A.
Listed by
Pat Swanson · License #CA 01382974
Source
Crexi
Added: May 13 Checked: Jul 17 at 11:49 am
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 mixed-use property, located in Torrance, California, offers 2,880 square feet of space. It is suitable for either retail or residential income purposes.
Key Highlights
- Mixed‑use property suitable for retail or residential.
- Located in Torrance, CA.
- Built in 1964.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.4k | $36.96 |
| − Vacancy | −$2.4k | −$0.85 |
| EGI | $104.0k | $36.11 |
| − OpEx | −$31.2k | −$10.83 |
| NOI | $72.8k | $25.28 |
2,880 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$50.92M
$44.55M – $59.40M
NOI $3,564,156 @ 7.0% cap · market cap 290.00%
Second Best
Retail
$1.04M
$910.0K – $1.21M
NOI $72,798 @ 7.0% cap · market cap 5.92%
Theoretical Best
Multifamily LT 5
$58.35M
$51.05M – $68.07M
NOI $4,084,295 @ 7.0% cap · market cap 332.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Mixed-use property in Torrance, CA, suitable for retail or residential.
Where is this retail property located?
The property is located at 2210 West 229th Street Torrance, CA.
What is the asking price?
The asking price for this property is $1,229,000.
What are key features of this property?
This property features: Mixed‑use property suitable for retail or residential.; Located in Torrance, CA.; Built in 1964.
