Two-Story Flex
For Sale
$2,750,811
Pending
2227 W 190th Street Torrance, Torrance, CA 90504
Industrial condominium completed in 2005 with adaptable flex-space configuration.
Property Size7,563 SF
Days on Market98
Property Features for 2227 W 190th Street Torrance
General Information
Standard status
Pending
Size
7,563 SF
Amenities
0-1 Unit/Acre
Public
278386
6.3909
Assessor
7563
Building Details
Building Size
7,563 SF
Year Built
2005
Stories
2
Listed By:
Susy Osterhoudt
(909) 328-1567
Source:
Rmarealty
Added: Jul 12
Changed: Oct 7
Last Checked: Oct 7 at 9:41AM
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 Susy Osterhoudt
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Investment Insights
Based on property information with market context.
This two-level industrial condominium provides 7,563 square feet of total gross and net rentable area. The property is classified as flex space and offers a condominium format suited to a range of industrial or commercial operations.
Constructed in 2005, the property is located at 2227 W 190th Street in Torrance, California, within the 90504 ZIP code.
Constructed in 2005, the property is located at 2227 W 190th Street in Torrance, California, within the 90504 ZIP code.
Key Highlights
- 7,563 square feet of total 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
NOI $93,952 @ 7.0% cap · market cap 3.42%
Second Best
Flex RnD
$1.25M
$1.09M – $1.45M
NOI $87,241 @ 7.0% cap · market cap 3.17%
Theoretical Best
Multifamily LT 5
$153.22M
$134.07M – $178.76M
NOI $10,725,529 @ 7.0% cap · market cap 389.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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 - Industrial condominium completed in 2005 with adaptable flex-space configuration.
Where is this flex space located?
The property is located at 2227 W 190th Street Torrance 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 total gross and net rentable building area; Two‑story industrial flex condominium; Built in 2005
