Office Unit with Private
For Sale
$1,695,000
24444 Hawthorne, Torrance, CA 90505
Commercial Sale, Torrance, CA
Property Size2,855 SF
Price / SF$593.70
Days on Market106
Property Features for 24444 Hawthorne
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
East side of Hawthorne Blvd
Subdivision
125 - Walteria
Standard status
Active
APN
7534020038
Additional Details
Property Use
Office
Utilities
Cooling system
Central Air, Heat Pump, Electric
Amenities
built-in kitchenette
LED lighting
collaborative space
Building Details
Year built
2017
Buildings
1
Listing Agency:
Century 21 Coastal Properties · Century 21 Real Estate
Listed By:
Laura Drehs · License #02043993
(310) 371-6330
Added: Jul 22
Changed: Nov 2
Last Checked: Nov 4 at 10:06AM
MLS# SB26160152
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 2,855-square-foot office unit, built in 2017, includes seven private offices, two restrooms, and a built-in kitchenette. A private elevator serves the office, and LED lighting is installed throughout. Cooling is provided by central air and a heat pump, with electric service noted. The property is part of a professionally managed HOA at 24444 Hawthorne in Torrance.
Key Highlights
- 2,855 SF office unit built in 2017
- Seven private offices and two restrooms
- Private elevator serving the office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,522
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,440
$1.3M
Cap Rate 7%
$936,029
$936.0K
Cap Rate 9%
$728,022
$728.0K
Market Conditions
NOI Build-Up for 2,855 SF
Gross rent
$102.8K $36.00/SF
− Vacancy
−$15.4K −$5.40/SF
EGI
$87.4K $30.60/SF
− OpEx
−$21.8K −$7.65/SF
NOI
$65.5K $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%
$1,310,440
Cap Rate 7%
$936,029
Cap Rate 9%
$728,022
Alternative Uses
Best Use
Office B
$936.0K
$819.0K – $1.09M
NOI $65,522 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$57.84M
$50.61M – $67.48M
NOI $4,048,841 @ 7.0% cap · market cap 238.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,648
Businesses Nearby
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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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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A seven-office layout includes two restrooms and a built-in kitchenette.
Where is this office unit located?
The property is located at 24444 Hawthorne Torrance, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 2,855 SF office unit built in 2017; Seven private offices and two restrooms; Private elevator serving the office
