20717 Berendo Ave Torrance, CA 90502-1510
This exceptional mixed-use property, situated at 20717 Berendo Avenue in Torrance, California, presents a compelling investment opportunity. Spanning 2,880 square feet on a 0.13-acre lot, this property boasts a prime corner location at the intersection of Torrance Boulevard and Berendo Avenue. Its strategic placement offers excellent visibility and accessibility, being conveniently close to the 110 freeway and nestled within a thriving residential neighborhood. The property comprises a commercial unit, currently operating as a minimarket, and two residential apartments, each featuring two bedrooms. All units are currently occupied by reliable tenants, enjoying a positive landlord-tenant relationship. The property has been successfully self-managed by the owners for over a decade, demonstrating a consistent track record of minimal vacancy and strong rental income. The high traffic count on Torrance Boulevard further enhances the commercial unit's potential. This turnkey investment offers a rare chance to acquire a well-established, income-generating property in a desirable Torrance location. The sale includes only the real estate
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LCR2* · Torrance, CATorrance. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.