Technology-Flex
New
For Sale
Contact for pricing
2980 Columbia St, 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$265.99
Days on Market4
Property Features for 2980 Columbia St
General Information
Standard status
Active
Size
8,260 SF
Lot size
0.39 Acres
Property subtype
OFFICE
Building Details
Building Size
8,260 SF
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Matt Doyle · License #02031998
(310) 349-9356
Source:
Moodyscre
Added: Aug 31
Changed: Sep 2
Last Checked: Sep 2 at 2:14PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$388,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,765,360
$7.8M
Cap Rate 7%
$5,546,686
$5.5M
Cap Rate 9%
$4,314,089
$4.3M
Market Conditions
NOI Build-Up for 16,918 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$609.0K $36.00/SF
− Vacancy
−$91.4K −$5.40/SF
EGI
$517.7K $30.60/SF
− OpEx
−$129.4K −$7.65/SF
NOI
$388.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,765,360
Cap Rate 7%
$5,546,686
Cap Rate 9%
$4,314,089
Alternative Uses
Best Use
Office B
$5.55M
$4.85M – $6.47M
NOI $388,268 @ 7.0% cap · market cap 8.63%
Second Best
Industrial
$3.00M
$2.63M – $3.50M
NOI $210,165 @ 7.0% cap · market cap 4.67%
Theoretical Best
Multifamily LT 5
$342.75M
$299.90M – $399.87M
NOI $23,992,397 @ 7.0% cap · market cap 533.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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 St 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
