Torrance Industrial Warehouse For
For Sale
$3,000,000
2423 Moreton, Torrance, CA 90505
6,000 SF industrial warehouse on a 14,047 SF lot.
Property Size6,000 SF
Lot Size0.32 Acres
Price / SF$500
Days on Market238
Property Features for 2423 Moreton
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.32 Acres
Property subtype
Industrial
Building Details
Building Size
6,000 SF
Year Built
1960
Listing Agency:
Richard Rodriguez Jr, Broker
Listed By:
Richard Rodriguez · License #02060568
(888) 308-4947
Source:
Velocityrealtysd
Added: Mar 2
Changed: Oct 25
Last Checked: Oct 25 at 12:44AM
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 Richard Rodriguez Jr, Broker
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Investment Insights
Based on property information with market context.
This 6,000 SF industrial warehouse is located in Torrance on a 14,047 SF lot. It is suitable for manufacturing, fabrication, distribution, or storage. The building features 400 AMP, 3-phase power, making it suitable for heavy equipment, machinery, and high-demand electrical operations. The generous lot size provides on-site parking, yard space, and access for deliveries and daily operations. The property is located in an industrial corridor with access to major freeways and surrounding South Bay markets. It is ideal for manufacturing and light industrial use, contractor or service-based businesses, equipment storage and distribution, or owner-user investment. The property has a bike score of 60, making it bikeable, a walk score of 83, making it very walkable, and a transit score of 36, indicating some transit options.
Key Highlights
- 6,000 SF industrial warehouse on a 14,047 SF lot in Torrance.
- 400 AMP, 3‑phase power, ideal for heavy equipment and high‑demand electrical operations.
- Excellent on‑site parking and yard space for deliveries and daily operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,507
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,810,140
$1.8M
Cap Rate 7%
$1,292,957
$1.3M
Cap Rate 9%
$1,005,633
$1.0M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$113.8K $18.96/SF
− Vacancy
−$7.3K −$1.21/SF
EGI
$106.5K $17.75/SF
− OpEx
−$16.0K −$2.66/SF
NOI
$90.5K $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%
$1,810,140
Cap Rate 7%
$1,292,957
Cap Rate 9%
$1,005,633
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,507 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$1.06M
$931.7K – $1.24M
NOI $74,536 @ 7.0% cap · market cap 2.48%
Theoretical Best
Multifamily LT 5
$121.56M
$106.36M – $141.82M
NOI $8,508,948 @ 7.0% cap · market cap 283.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,881
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 90505, CA
36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
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
- Nearby Self Storage Units — 2746 E Pacific Coast Hwy, Torrance, CA 90505
- Redondo Van & Storage — 2675 skypark dr unit 2, torrance, ca 90505
- US Storage Centers — 23711 Crenshaw Blvd, Torrance, CA 90505
- Real Estate Mgmt — 23545 Crenshaw Blvd, Torrance, CA 90505
Frequently Asked Questions
What type of property is this?
Warehouse - 6,000 SF industrial warehouse on a 14,047 SF lot.
Where is this warehouse located?
The property is located at 2423 Moreton Torrance, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 6,000 SF industrial warehouse on a 14,047 SF lot in Torrance.; 400 AMP, 3‑phase power, ideal for heavy equipment and high‑demand electrical operations.; Excellent on‑site parking and yard space for deliveries and daily operations.
