Multi-Building Office
For Sale
$2,899,999
2281 West 190th Street, Torrance, CA 90504
Office campus with surface parking and access to the I-405, I-110, and SR-91 freeway network.
Property Size6,069 SF
Price / SF$477.84
Days on Market49
Property Features for 2281 West 190th Street
General Information
Standard status
Active
Size
6,069 SF
Property subtype
Office
Site & Location
Neighborhood
North Torrance
Highway Access
Yes
Building Details
Year Built
2005
Buildings
16
Properties For Sale
at 2281 West 190th Street Contact us1st Floor Available
Size
2,618 SF
Type
Office
2nd Floor Available
Size
3,451 SF
Type
Office
Listing Agency:
CBRE - South Bay
Listed By:
Mike Harry · License #00940402
(310) 363-4980
Source:
Cbre
Added: Sep 8
Changed: Oct 11
Last Checked: Oct 24 at 2:06PM
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 CBRE - South Bay
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Investment Insights
Based on property information with market context.
This office property comprises 16 buildings constructed in 2005, creating a multi-building commercial campus with surface parking for employees and visitors. The property is located along West 190th Street in Torrance’s 190th Street Corridor.
Regional access is supported by proximity to the I-405, I-110, and SR-91 freeway network. The surrounding South Bay setting places the office complex near major employment and business centers.
Regional access is supported by proximity to the I-405, I-110, and SR-91 freeway network. The surrounding South Bay setting places the office complex near major employment and business centers.
Key Highlights
- 16‑building office complex
- Modern office construction completed in 2005
- Surface parking for employees and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,284
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,785,680
$2.8M
Cap Rate 7%
$1,989,771
$2.0M
Cap Rate 9%
$1,547,600
$1.5M
Market Conditions
NOI Build-Up for 6,069 SF
Gross rent
$218.5K $36.00/SF
− Vacancy
−$32.8K −$5.40/SF
EGI
$185.7K $30.60/SF
− OpEx
−$46.4K −$7.65/SF
NOI
$139.3K $22.95/SF
Area
Torrance, CA
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,785,680
Cap Rate 7%
$1,989,771
Cap Rate 9%
$1,547,600
Alternative Uses
Best Use
Office B
$1.99M
$1.74M – $2.32M
NOI $139,284 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$122.95M
$107.59M – $143.45M
NOI $8,606,801 @ 7.0% cap · market cap 296.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
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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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office campus with surface parking and access to the I-405, I-110, and SR-91 freeway network.
Where is this office building located?
The property is located at 2281 West 190th Street Torrance, CA.
What is the asking price?
The asking price for this property is $2,899,999.
What are key features of this property?
This property features: 16‑building office complex; Modern office construction completed in 2005; Surface parking for employees and visitors
