Dual-Suite Medical Office
For Sale
Contact for pricing
4305 Torrance Blvd Suite 306, Torrance, CA 90503
Two connected suites provide seven treatment rooms along with existing reception and waiting areas.
Property Size1,354 SF
Price / SF$553.91
Days on Market10
Property Features for 4305 Torrance Blvd Suite 306
General Information
Standard status
Active
Size
1,354 SF
Class
B
Total Parking Spaces
160
Property subtype
Office
Lease Type
NNN
Additional Details
Office Units
2
Building Details
Year Built
1960
Buildings
1
Stories
5
Units
2
Listing Agency:
RJ Realty
(213) 249-3255
Listed By:
Ricky Lee · License #CA 01932116
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 22 at 4:27PM
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 RJ Realty
Investment Insights
Based on property information with market context.
This medical office property comprises two adjoining condominium suites totaling 1,354 SF, conveyed together under a single parcel and ownership. The combined layout includes seven private treatment rooms, two restrooms, a waiting area, and a reception counter. Suite 306 contains four treatment rooms and is available for immediate owner occupancy, while Suite 307 provides three treatment rooms and is leased month-to-month. The suites are fully improved for medical use and operational, allowing the next owner to take advantage of the existing buildout without tenant improvement work. Built in 1960, the property is located at 4305 Torrance Blvd in Torrance, California.
Key Highlights
- Two adjacent medical condominium suites totaling 1,354 SF
- Seven private treatment rooms across the combined suites
- Suite 306 includes a waiting area, reception counter, 1 restroom, and 4 treatment rooms
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
$31,074
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
4.14%
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%
$621,480
$621.5K
Cap Rate 7%
$443,914
$443.9K
Cap Rate 9%
$345,267
$345.3K
Market Conditions
NOI Build-Up for 1,354 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
$48.7K $36.00/SF
− Vacancy
−$7.3K −$5.40/SF
EGI
$41.4K $30.60/SF
− OpEx
−$10.4K −$7.65/SF
NOI
$31.1K $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%
$621,480
Cap Rate 7%
$443,914
Cap Rate 9%
$345,267
Alternative Uses
Best Use
Office B
$443.9K
$388.4K – $517.9K
NOI $31,074 @ 7.0% cap · market cap 4.14%
Second Best
Healthcare Medical
$259.0K
$226.7K – $302.2K
NOI $18,133 @ 7.0% cap · market cap 2.42%
Theoretical Best
Multifamily LT 5
$27.43M
$24.00M – $32.00M
NOI $1,920,186 @ 7.0% cap · market cap 256.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
3,756
Businesses Nearby
Balanced
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?
Medical Office Space - Two connected suites provide seven treatment rooms along with existing reception and waiting areas.
Where is this medical office space located?
The property is located at 4305 Torrance Blvd Suite 306 Torrance, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two adjacent medical condominium suites totaling 1,354 SF; Seven private treatment rooms across the combined suites; Suite 306 includes a waiting area, reception counter, 1 restroom, and 4 treatment rooms
