Torrance Mixed-Use Property for
2210 West 229th Street Torrance, CA 90501
For Sale
Contact for pricing
Mixed-use property in Torrance, CA, suitable for retail or residential.
Property Size2,880 SF
Price / SF$426.74
Days on Market78
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
Changed: Jul 10
Last Checked: Jul 28 at 4:46PM
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.
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
