Property profile

23820 Hawthorne Blvd Torrance, CA 23820

FOR LEASE
Office buildings
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Property ID
US09-6385271
24,580 SF 1.11 ac Built 1974
Last sale Sep 2024·$18,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional office space in Torrance, California, located at 23820 Hawthorne Blvd, 90505, offers a diverse range of flexible workspace solutions to suit various business needs. The property is situated in Los Angeles County and provides a variety of options, including traditional office spaces, executive suites, coworking areas, medical offices, and creative office layouts. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$1.21M
Assessed land$277k
Assessed improvement$929k
Effective rate1.49%

Value estimate

· Nov 2026
$18.50M
$16.65M – $20.35M
AI approach$18.50M
Submarket $/SF estimate$11.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,487/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$473 – $2,481

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TOMI-LT
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant30.3
HVAC Service24.0
Storage Facility23.6

Location

23820 Hawthorne Blvd Torrance, CA 23820
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22700 Crenshaw, Torrance, CA 90505-3049 $6,100,000 Jul 2025 20,156 SF
24310 Garnier, Torrance, CA 90505-5327 $13,517,635 Dec 2023 32,780 SF
23505 Crenshaw, Torrance, CA 90505-5221 $6,000,060 Sep 2022 26,776 SF
23828 Hawthorne, Torrance, CA 90505-5936 $21,000,210 Jul 2022 23,700 SF
23860 Hawthorne, Torrance, CA 90505-8200 $21,000,210 Jul 2022 23,700 SF
25924 Rolling Hls, Torrance, CA 90505-7208 $433,000 Nov 2020 16,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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