Corner Medical Office
4305 Torrance Blvd, Torrance, CA 90503
For Sale
$375,000
Vacant possession includes three patient rooms, a workroom with sink, and secured ground-level parking.
Property Size691 SF
Price / SF$542.69
Days on Market94
Property Features for 4305 Torrance Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Road Access
Amenities
professional lobby
Torrance Medical-Dental Condominium
Corner Unit Delivered Vacant
Three Patient Rooms + Functional Medical Office Layout
Adjacent to Providence Little Company of Mary - 2.5 Miles from Torrance Memorial
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
South Bay Office
Listed By:
Eric Reinke · License #License(s): CA: 02022294
(424) 405-1282
Source:
Marcusmillichap
Added: Aug 8
Changed: Oct 26
Last Checked: Nov 8 at 2:19AM
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 South Bay Office
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Investment Insights
Based on property information with market context.
This 691-square-foot medical office condominium is a corner unit with three patient rooms, a reception area, waiting room, and storage/workroom equipped with a sink. The suite will be delivered vacant. Built in 1964, the condominium building is restricted to medical and dental-related professions and includes physicians, dentists, and other healthcare providers among its occupants. The association maintains the common areas and building systems.
The property is adjacent to Providence Little Company of Mary Medical Center and approximately 2.5 miles from Torrance Memorial Medical Center. Located on Torrance Boulevard west of Hawthorne Boulevard, the surrounding area includes medical office buildings, established healthcare providers, residential neighborhoods, and South Bay beach communities. Secured ground-level parking provides approximately 160 spaces, while the building’s common areas feature a professional lobby with marble walls and tile flooring.
The property is adjacent to Providence Little Company of Mary Medical Center and approximately 2.5 miles from Torrance Memorial Medical Center. Located on Torrance Boulevard west of Hawthorne Boulevard, the surrounding area includes medical office buildings, established healthcare providers, residential neighborhoods, and South Bay beach communities. Secured ground-level parking provides approximately 160 spaces, while the building’s common areas feature a professional lobby with marble walls and tile flooring.
Key Highlights
- 691‑square‑foot corner medical office condominium
- Three patient rooms plus reception, waiting, and storage/workroom areas
- Storage/workroom includes a sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,858
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,160
$317.2K
Cap Rate 7%
$226,543
$226.5K
Cap Rate 9%
$176,200
$176.2K
Market Conditions
NOI Build-Up for 691 SF
Gross rent
$24.9K $36.00/SF
− Vacancy
−$3.7K −$5.40/SF
EGI
$21.1K $30.60/SF
− OpEx
−$5.3K −$7.65/SF
NOI
$15.9K $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%
$317,160
Cap Rate 7%
$226,543
Cap Rate 9%
$176,200
Alternative Uses
Best Use
Office B
$226.5K
$198.2K – $264.3K
NOI $15,858 @ 7.0% cap · market cap 4.23%
Second Best
Healthcare Medical
$132.2K
$115.7K – $154.2K
NOI $9,254 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$281.9K
$246.7K – $328.9K
NOI $19,735 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
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
$1,058,100
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Los Angeles County, CA
Properties on Market for Medical Office Space in Los Angeles County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant possession includes three patient rooms, a workroom with sink, and secured ground-level parking.
Where is this medical office space located?
The property is located at 4305 Torrance Blvd Torrance, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 691‑square‑foot corner medical office condominium; Three patient rooms plus reception, waiting, and storage/workroom areas; Storage/workroom includes a sink
