Commercial Real Estate Market in Torrance, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
244 active listings and 3,589 off-market properties in Torrance, CA. Commercial property asks $363/SF to buy and $33.45/SF/Yr to lease.
Market Trends
Torrance, CA spans 23.6 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Torrance, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Torrance, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Torrance, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Torrance, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.1%
- Industrial 27.6%
- Commercial 8.2%
- Planned_development 3.7%
- Open space 1.6%
- Agricultural 1%
- Civic 0.6%
Largest Zones share of zoned land by district
Single Family Residence
Heavy Manufacturing
Public Use
Limited Multiple Family Residence
Planned Development
Torrance, CA zones 10,440 acres across 72 districts. Commercial zoning covers 8.2% of zoned land, residential 48.1%, open space 1.6% and industrial 27.6%. The largest single district is Single Family Residence at 37.7%. For commercial buyers the practical constraint is that only 35.7% of land carries a commercial or industrial designation.
Heavy Manufacturing (M2)
M-2 Heavy manufacturing district M-L Limited manufacturing district P-1 Open area - planting - parking P-U Public use district HMD Hospital-medical-dental district RTH Residential townhouse district Downtown Torrance district R-H Hillside and local coastal overlay zone P-D Planned development district Madrona Marsh district Small lot, low-medium overlay zone…
Market overview
Demographics & Economy
Torrance, CA has 177,499 residents in 68,485 households. Density runs 7,518 people per square mile. Median household income here is $106,341 and median gross rent $2,132 a month.
177,499
Population
68,485
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
92%
High-School Grad
23.6 sq mi
ZIP Area
7,518
Density / Sq Mi
$106,341
Median Household Income
$58,785
Median Earnings
$2,132
Median Rent
$960,946
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lomita | $363 (county avg) | $30.27 |
| Long Beach | $363 (county avg) | $34.63 |
| Carson | $363 (county avg) | $29.70 |
Commercial property in Torrance, CA asks $363/SF. The 3 bordering markets run from $363/SF in Lomita to $363/SF in Lomita, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Torrance?
Commercial property in Torrance, CA asks an average of $363 per square foot. The 7 most recent recorded sales traded at a median of $245/SF, so asking sits 48% above the achieved median. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Torrance?
Asking lease rates in Torrance, CA average $33.45 per square foot per year.
How does Torrance compare to nearby markets on price?
Torrance, CA asks $363/SF against $363/SF in Lomita, $363/SF in Long Beach and $363/SF in Carson.
What zoning applies to commercial property in Torrance?
Torrance, CA zones 10,440 acres across 72 districts, of which 8.2% is commercial and 27.6% industrial. The largest single district is Single Family Residence at 37.7% of zoned land. Residential zoning covers 48.1% and open space 1.6%.
Where does Realmo's Torrance market data come from?
Realmo compiles Torrance, CA figures from 7 recent recorded sales, 97 active sale listings, 147 active lease listings, 3,589 tracked off-market properties, the current Torrance zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 97 active for-sale and 147 active for-lease listings in Torrance, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 10,440 zoned acres across 72 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
