Technical
Financial
Distress signals
Property profile

1613 Lockness Pl Torrance, CA 90501

OFF-MARKET
Warehouses
Property ID
US09-8420101
7,275 SF 0.3 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Construction TILT-UP CONCRETE
Total area 7,275 SF
Lot 0.3 ac (13,011 SF)
Zoning code LAM2
APN 7347-017-044
UPID US09-8420101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Location

1613 Lockness Pl Torrance, CA 90501-5119
Torrance metro Census 293205 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.86M
CAP Approach CAP
$1.69M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.89M

Owner & transaction history

since 2022
Last sale
$1.8M
7 recorded transactions
2022
Price N/A
2022
$1.8M
2022
Price N/A
2020
Price N/A
2020
$727,500
2012
Price N/A
2002
$657,000

Zoning & alternative use

LAM2 · Torrance, CA
Top alternative use upside
Office building $3.0M +27.3%
Retail stores $2.7M +14.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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