Torrance Mixed-Use Redevelopment
For Sale
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3977 W 171st St, Torrance, CA 90504
Mixed-use property with redevelopment potential in a high-traffic location.
Property Size11,400 SF
Lot Size0.53 Acres
Days on Market1684
Property Features for 3977 W 171st St
General Information
Standard status
Active
Size
11,400 SF
Class
B
Total Parking Spaces
50
Lot size
0.53 Acres
Property subtype
Retail, Industrial, Land
Zoning
GC-C2
Investment Type
Value Add
Building Details
Year Built
1961
Buildings
3
Stories
1
Units
5
Listing Agency:
Caskey Commercial Real Estate Group
Listed By:
Mo Sharifi · License #CA 1459498
Source:
Crexi
Added: Jan 12, 2022
Changed: Aug 14
Last Checked: Aug 22 at 2:10PM
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 Caskey Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use property presents a redevelopment opportunity for developers and investors, or the existing buildings can be utilized by owner-users. The property includes an approximately 11,400 square foot structure on a 23,000 square foot lot. The location offers convenient access to the 405, 91, and 110 freeways, and is near restaurants, shopping, and transportation. The property features separate garage spaces and offices with separate meters. There are also five additional office spaces on the second floor, each equipped with mini kitchenettes and showers. Situated along Prairie Avenue and 171st Street in Torrance, the area experiences a high volume of traffic, with a daily car count of 30,000 to 34,000 vehicles. The large lot size and location may allow for the land to be re-developed into a multi-unit property.
Key Highlights
- Large 23,000 SF lot suitable for redevelopment (subject to city approval).
- Existing 11,400 SF structure usable for owner's operation.
- Prime location at Prairie and 171st Street in Torrance with high traffic count.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
Demographics for 90504, CA
32,503
Population
12,328
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
7,387
Density / Sq Mi
$105,474
Median Household Income
$55,683
Median Earnings
$2,225
Median Rent
$897,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential in a high-traffic location.
Where is this mixed-use property located?
The property is located at 3977 W 171st St Torrance, CA.
What are key features of this property?
This property features: Large 23,000 SF lot suitable for redevelopment (subject to city approval).; Existing 11,400 SF structure usable for owner's operation.; Prime location at Prairie and 171st Street in Torrance with high traffic count.
