Mixed-Use Market with
For Sale
$1,099,900
3690 NEWTON, Torrance, CA 90505
Operating neighborhood market with a private one-bedroom residential unit and separate entrance in Torrance.
Property Size2,202 SF
Price / SF$499.50
Days on Market233
Property Features for 3690 NEWTON
General Information
Standard status
Active
Size
2,202 SF
Property subtype
Mixed Use
Amenities
3
Corner Lot.
Corner.
Building Details
Year Built
1944
Listing Agency:
Berkshire Hathaway HomeService
(949) 644-6200
Listed By:
Jennifer Toyama · License #01927057
Source:
Xome
Added: Jan 9
Changed: Aug 29
Last Checked: Aug 29 at 4:39PM
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 Berkshire Hathaway HomeService
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating liquor store and market with a private one-bedroom apartment at the rear. The residential unit has its own entrance, creating separation between the commercial and living areas. The property contains 2,202 square feet and was built in 1944.
Located on Newton in Torrance, the site is identified as a corner lot and is surrounded by residential homes, schools, and local businesses. The configuration supports commercial operations alongside an on-site residential component, with potential for owner occupancy or additional rental income as described in the property information.
Located on Newton in Torrance, the site is identified as a corner lot and is surrounded by residential homes, schools, and local businesses. The configuration supports commercial operations alongside an on-site residential component, with potential for owner occupancy or additional rental income as described in the property information.
Key Highlights
- Mixed‑use configuration with operating liquor store and market
- Private 1‑bedroom apartment at the rear of the building
- Separate entrance for the residential unit
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
$59,636
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
5.42%
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%
$1,192,720
$1.2M
Cap Rate 7%
$851,943
$851.9K
Cap Rate 9%
$662,622
$662.6K
Market Conditions
NOI Build-Up for 2,202 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
$81.4K $36.96/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$79.5K $36.11/SF
− OpEx
−$19.9K −$9.03/SF
NOI
$59.6K $27.08/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /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%
$1,192,720
Cap Rate 7%
$851,943
Cap Rate 9%
$662,622
Alternative Uses
Best Use
Specialty Retail
$851.9K
$745.5K – $993.9K
NOI $59,636 @ 7.0% cap · market cap 5.42%
Second Best
Retail
$795.1K
$695.8K – $927.7K
NOI $55,660 @ 7.0% cap · market cap 5.06%
Theoretical Best
Multifamily LT 5
$44.61M
$39.03M – $52.05M
NOI $3,122,784 @ 7.0% cap · market cap 283.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,692
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating neighborhood market with a private one-bedroom residential unit and separate entrance in Torrance.
Where is this mixed-use property located?
The property is located at 3690 NEWTON Torrance, CA.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Mixed‑use configuration with operating liquor store and market; Private 1‑bedroom apartment at the rear of the building; Separate entrance for the residential unit
