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Two-Story Flex Condominium
For Sale
$2,750,811
Pending

2227 W 190th Street, Torrance, CA 90504

Commercial Sale, Torrance, CA

Property Size7,563 SF
Days on Market2076

Property Features for 2227 W 190th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Corner of Van Ness Ave and W 190th St
Subdivision 133 - N Torrance - East
Standard status Pending
APN 4090025025

Additional Details

Property Use Industrial Flex

Building Details

Year built 2005
Listing Agency: IRN Realty
Listed By: Eunice Cheng · License #01176106
Added: Mar 1, 2021 Changed: Nov 2 Last Checked: Nov 5 at 7:06AM
MLS# TR21042498

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This industrial flex condominium is arranged across two stories and contains 7,563 square feet of gross and net rentable building area. Built in 2005, the property is located at 2227 W 190th Street in Torrance, California.

Key Highlights

  • 7,563 square feet of gross and net rentable building area
  • Two‑story industrial flex condominium
  • Built in 2005

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$93,952
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,040 $1.9M
Cap Rate 7%
$1,342,171 $1.3M
Cap Rate 9%
$1,043,911 $1.0M
Market Conditions
NOI Build-Up for 7,563 SF
Gross rent
$143.4K $18.96/SF
− Vacancy
−$9.2K −$1.21/SF
EGI
$134.2K $17.75/SF
− OpEx
−$40.3K −$5.32/SF
NOI
$94.0K $12.42/SF
Area
Torrance, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,040
Cap Rate 7%
$1,342,171
Cap Rate 9%
$1,043,911

Alternative Uses

Best Use
Industrial
$1.34M
$1.17M – $1.57M (±1% cap)
NOI $93,952 @ 7.0% cap · market cap 3.42%
Second Best
Flex RnD
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,241 @ 7.0% cap · market cap 3.17%
Theoretical Best
Multifamily LT 5
$153.22M
$134.07M – $178.76M (±1% cap)
NOI $10,725,529 @ 7.0% cap · market cap 389.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Nature Medic LLC. (Bike/Boat/Book/etc) Store 自然醣褐藻糖膠客戶服務中心 (Bike/Boat/Book/etc) Store 네이쳐메딕 후코이단 (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Hair Salon Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby
Under-served
Demand for This Use

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
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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Made by Meg — 2303 W 190th St, Torrance, CA 90504
  • MBM Hospitality — 2303 W 190th St, Torrance, CA 90504

Frequently Asked Questions

What type of property is this?
Flex space - The industrial flex space offers a multi-level configuration for commercial operations.
Where is this flex space located?
The property is located at 2227 W 190th Street Torrance, CA.
What is the asking price?
The asking price for this property is $2,750,811.
What are key features of this property?
This property features: 7,563 square feet of gross and net rentable building area; Two‑story industrial flex condominium; Built in 2005
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Includes: Price & PSF · Cap rate · Location · Zoning

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