Torrance CA 90501 Torrance Blvd And Sartori Ave Torrance, CA 90501
- Retail properties
- 3,932 SF
Current Use by Public Records
- Retail properties
Property Details for Torrance CA 90501 Torrance Blvd And Sartori Ave
- Year built
- 1941
- Property size
- 3,932 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Torrance
- County
- Los Angeles
- State
- California
- Longitude
- -118.317
- Latitude
- 33.8363
