Technology-Flex
For Sale
Contact for pricing
2980 Columbia Street, Torrance, CA 90503
The building accommodates technology, engineering, creative, and professional office functions within a versatile commercial layout.
Property Size8,260 SF
Lot Size0.39 Acres
Price / SF$544.79
Days on Market49
Property Features for 2980 Columbia Street
General Information
Standard status
Active
Size
8,260 SF
Class
B
Total Parking Spaces
30
Lot size
0.39 Acres
Property subtype
Office
Zoning
TOM2
Occupancy
100%
Net Operating Income
$205,898
Building Details
Year Built
2007
Year Renovated
2017
Buildings
1
Stories
2
Tenancy
Single
Building Size
8,260 SF
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Matt Doyle · License #02031998
(310) 349-9356
Source:
Crexi
Added: Aug 31
Changed: Oct 15
Last Checked: Oct 16 at 5:41AM
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 Lyon Stahl Investment Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space property includes an 8,260-square-foot building on a 16,918-square-foot lot. Its configuration combines office and technology-flex characteristics, with the source information identifying potential applications for technology, engineering, creative, and professional office operations.
Located in Torrance, the property is situated at 2980 Columbia St, Torrance, CA 90503. The building’s scale and flexible format support both owner-user and investment-oriented strategies, as described in the property information.
Located in Torrance, the property is situated at 2980 Columbia St, Torrance, CA 90503. The building’s scale and flexible format support both owner-user and investment-oriented strategies, as described in the property information.
Key Highlights
- 8,260 SF building on a 16,918 SF lot
- Flex space format with office and technology‑oriented characteristics
- Identified use potential includes technology, engineering, creative, and professional office functions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,567
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,791,340
$3.8M
Cap Rate 7%
$2,708,100
$2.7M
Cap Rate 9%
$2,106,300
$2.1M
Market Conditions
NOI Build-Up for 8,260 SF
Gross rent
$297.4K $36.00/SF
− Vacancy
−$44.6K −$5.40/SF
EGI
$252.8K $30.60/SF
− OpEx
−$63.2K −$7.65/SF
NOI
$189.6K $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%
$3,791,340
Cap Rate 7%
$2,708,100
Cap Rate 9%
$2,106,300
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,567 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$1.47M
$1.28M – $1.71M
NOI $102,611 @ 7.0% cap · market cap 2.28%
Theoretical Best
Multifamily LT 5
$167.34M
$146.42M – $195.23M
NOI $11,713,985 @ 7.0% cap · market cap 260.31%
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
1,678
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90503, CA
45,386
Population
18,189
Households
2.5
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
5.3 sq mi
ZIP Area
8,563
Density / Sq Mi
$119,685
Median Household Income
$71,848
Median Earnings
$2,249
Median Rent
$1,058,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Lana's Cater House — 3644 Garnet St #3, Torrance, CA 90503
Frequently Asked Questions
What type of property is this?
Flex space - The building accommodates technology, engineering, creative, and professional office functions within a versatile commercial layout.
Where is this flex space located?
The property is located at 2980 Columbia Street Torrance, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 8,260 SF building on a 16,918 SF lot; Flex space format with office and technology‑oriented characteristics; Identified use potential includes technology, engineering, creative, and professional office functions
