19601 Mariner Ave Torrance, CA 90503-1647
- Office buildings
- 22,791 SF
- 2.01 lot acres
Current Use by Public Records
- Health Net / Insurance Agency
- Bay Shores Medical Group / Medical Group
- Dr. Michael J. Anzivino, MD / Physician
- Mary E. Gaekle, RD / Physician
- Nancy J. Ingram, RD / Physician
Property Details for 19601 Mariner Ave
- Year built
- 1986
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.01 lot acres
- Property size
- 22,791 SF
- Zone code
- TOMI-BP
- Property type
- Office buildings
- APN
- 7352-019-020
- APU
- 7352019020
Description
This exceptional commercial property, located at 19601 Mariner Avenue in Torrance, Los Angeles County, presents a unique sublease opportunity. The building, a Class C structure built in 1986, offers a combined 22,464 square feet of office and warehouse space across two stories. The entire building is currently vacant and available for immediate occupancy. The property sits on a 2.01-acre lot (87,611 square feet) and boasts ample parking with 147 spaces, including one convenient drive-in bay. The zoning is M2, ideal for a variety of industrial and office uses. The electrical service is robust, featuring 800 amps at 277/480 volts, three-phase power. This property is conveniently located near the intersection of Torrance Boulevard and Prairie Avenue, offering excellent access and visibility. The building is suitable for a single tenant seeking a large space or multiple tenants looking to share the building. This direct sublease opportunity allows for flexible lease terms and potentially lower costs than a traditional lease. The property's size and features make it an attractive option for businesses needing both office and warehouse space in a desirable Torrance location. The APN is 7352019020.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,300,000
- 6.5%
- $8,585,000
- 7%
- $7,970,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,502,000
- AI Estimate
- $12,374,000
Market price range: $6.03M - $22.0MMarket price range: $4.01M - $28.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $13,220,000 Current use
- RESTAURANT
- $14,840,000 Change: +12% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $13,870,000 Change: +5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Torrance
- County
- Los Angeles
- State
- California
- Longitude
- -118.351
- Latitude
- 33.8531
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA