Torrance Industrial Warehouse for
22809 Lockness Ave, Torrance, CA 90501
For Sale
$2,980,000
Well-maintained 8,100 SF industrial warehouse near major transportation hubs.
Property Size8,100 SF
Lot Size0.42 Acres
Price / SF$367.90
Days on Market244
Property Features for 22809 Lockness Ave
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Realty ONE Group United
Listed By:
Debbie Miura · License #01052457
(310) 800-5828
Source:
Elliman
Added: Mar 11
Changed: Aug 15
Last Checked: Aug 30 at 3:47PM
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 Realty ONE Group United
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Investment Insights
Based on property information with market context.
This 8,100 SF industrial warehouse is located in a desirable area and offers a versatile layout suitable for distribution, light manufacturing, or cannabis-related uses (buyer to verify with the city). The building features flexible space suitable for offices, meetings, shipping, packing, and conference needs. It includes two bathrooms, one with a shower, and a ground-level loading door. Two separate staircases lead to the second floor, one accessing four private rooms, and the other accessing three private rooms. Additionally, there are two private rooms on the ground floor. The property is equipped with security lighting and an alarm system. There are 12 on-site parking spaces plus an additional half-sized space. The property is zoned LAM2 on an 18,245 SF lot. Its location near the Ports of Long Beach and Los Angeles, LAX, and major freeways including 110, 105, 405, and 91, makes it a logistics-friendly site.
Key Highlights
- Prime location near Ports of Long Beach and Los Angeles, LAX, and major freeways (110, 105, 405, 91) for superior logistics.
- 8,100 SF versatile building** suitable for distribution, light manufacturing, or cannabis‑related use (buyer to verify).
- 12 on‑site parking spaces plus an additional half‑sized space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,185
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,443,700
$2.4M
Cap Rate 7%
$1,745,500
$1.7M
Cap Rate 9%
$1,357,611
$1.4M
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$153.6K $18.96/SF
− Vacancy
−$9.8K −$1.21/SF
EGI
$143.7K $17.75/SF
− OpEx
−$21.6K −$2.66/SF
NOI
$122.2K $15.08/SF
Area
Torrance, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,443,700
Cap Rate 7%
$1,745,500
Cap Rate 9%
$1,357,611
Alternative Uses
Best Use
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,185 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.86M
NOI $231,336 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,852
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90501, CA
43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Los Angeles County, CA
Properties on Market for Warehouses in Los Angeles County
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained 8,100 SF industrial warehouse near major transportation hubs.
Where is this warehouse located?
The property is located at 22809 Lockness Ave Torrance, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Prime location near Ports of Long Beach and Los Angeles, LAX, and major freeways (110, 105, 405, 91) for superior logistics.; 8,100 SF versatile building** suitable for distribution, light manufacturing, or cannabis‑related use (buyer to verify).; 12 on‑site parking spaces plus an additional half‑sized space.
