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Torrance CA 90501 Torrance Blvd And Sartori Ave Torrance, CA 90501

Sponsored
For Sale
$3,675,000

Thriving business, prime location. High NOI.

Property size:
3,932 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional opportunity presents a fully operational Class A bar and restaurant for sale in Torrance, CA. The property boasts 3,932 square feet of interior space, complemented by a substantial 2,500-square-foot patio, all situated on a 7,524-square-foot lot (0.17 acres). Built in 1941 and extensively renovated in 2014, the building features a seamless transition between the interior and patio areas via sleek sliding glass doors and windows. The sale includes the real estate, the profitable business, fixtures, inventory, and equipment. This single-tenancy property operates under a NNN lease and currently enjoys 100% occupancy, generating a strong NOI of $200,000 (with a pro-forma NOI of $350,000 and a pro-forma cap rate of 9.52%). The asking price is $3,675,000. The property is zoned TODC-CTR and benefits from a Type 48 liquor license, allowing operation until 2:00 AM. Located in the revitalized downtown Torrance area, this establishment is surrounded by thriving businesses and enjoys a walkable, vibrant environment. The area's high population density (approximately 144,430 people) and average household income ($94,781) contribute to the business's success. This is a rare opportunity to acquire a turnkey, high-performing business in a desirable location. The property's walkability score is 95.

Property Features for Torrance CA 90501 Torrance Blvd And Sartori Ave

General Information

Property type
Restaurants
Square Feet
3,932 SF
Class
A

Building Details

Year Built/Renovated
1941/2014
Buildings
1

HighLights

  • Turnkey acquisition: Real estate, business, fixtures, inventory, and equipment included.
  • Prime location in a rapidly developing South Bay district.
  • High‑density location: 144,430 residents with $94,781 average household income.
  • Recently renovated with seamless indoor/outdoor flow via sliding glass doors and windows; 2,500 SF patio.
  • Liquor license (Type 48) allows sales until 2:00 AM.
  • Exceptional walkability score of 95.
Property Profile Location Intelligence

Current Use by Public Records

Bars

Map

City
Torrance
County
Los Angeles
State
California
Longitude
-118.3169621
Latitude
33.8363406

FAQs

What type of property is this?
Restaurant - Thriving business, prime location. High NOI.
Where is this restaurant located?
The property is located at Torrance CA 90501 Torrance Blvd And Sartori Ave Torrance, CA.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: Turnkey acquisition: Real estate, business, fixtures, inventory, and equipment included.; Prime location in a rapidly developing South Bay district.; High-density location: 144,430 residents with $94,781 average household income.
More about this property
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