Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2103 Torrance Blvd Torrance, CA 90501-2610
    Back to Search
    Property profile & analytics

    2103 Torrance Blvd, Torrance, CA 90501-2610

    View on Map
    • Retail space
    • 6,575 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Dec 20, 2022
    $10,080,100
    Property ID
    US09-6905791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $9,775,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2103 Torrance Blvd

    Year built
    1953
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Zone code
    TODC-CTR
    Property type
    Retail space
    APN
    7354-017-015
    APU
    7354017015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 20, 2022 $10,080,000 Jpmorgan Chase Bank National Associ Metropolitan Life Insurance Company Grant Deed —
    Sep 7, 2011 $1,000,000 Metropolitan Life Ins Co 2103 Torrance LLC Grant Deed —
    Sep 24, 2007 — 2103 Torrance LLC Ahn Survivors Trust Quit Claim Deed · related —
    Sep 18, 2007 — Ahn Family Survivors Trust Ahn Family Trust Quit Claim Deed · related —
    Aug 5, 2005 — Ahn Family Trust Ahn,ung K Quit Claim Deed · related —
    Jun 3, 1971 $120,000 — — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,295,000
      ML approach
      $9,645,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.32
    Latitude
    33.8368
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,446
    $795,600
    $1,122,000
    $1,917,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $925,000
      3,644 SF

      23639 Arlington Ave

      RETAIL STORES (PERSONAL SERVICES)
      23639 Arlington Ave, Torrance, CA 90501-6041
      View Details
    • Value Estimation
      $2,625,000
      9,634 SF

      1659 Carson St

      RETAIL STORES (PERSONAL SERVICES)
      1659 Carson St, Torrance, CA 90501-3847
      View Details
    • Value Estimation
      $850,000
      3,500 SF

      1627 Carson St

      RETAIL STORES (PERSONAL SERVICES)
      1627 Carson St, Torrance, CA 90501-3846
      View Details
    • Value Estimation
      $1,675,000
      6,113 SF

      1880 Carson St

      RETAIL STORES (PERSONAL SERVICES)
      1880 Carson St, Torrance, CA 90501-2831
      View Details
    • Value Estimation
      $1,530,000
      2,280 SF

      1745 Border Ave

      RETAIL STORES (PERSONAL SERVICES)
      1745 Border Ave, Torrance, CA 90501-3602
      View Details
    • Value Estimation
      $2,615,000
      16,772 SF

      1585 Sepulveda Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1585 Sepulveda Blvd, Torrance, CA 90501-5121
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Retail Property in Harbor Gateway

      Three-unit retail property with flexible layout and high traffic.
      1627 W Carson St, Torrance, CA 90501
      View Details
    • $1,250,000
      2,800 SF

      Torrance Commercial Space For Sale

      Prime downtown Torrance location ideal for retail or office.
      1276 Sartori Ave, Torrance, CA 90501
      View Details
    • Contact for pricing
      17,872 SF

      Upholstery Retail Business Opportunity

      Established upholstery business with rear parking and 6-day schedule; landlord covers water in rent.
      22702 S Western Ave, Torrance, CA 90501
      View Details
    • $4,200,000

      Torrance Car Wash with Redevelopment

      Established car wash with redevelopment potential in downtown Torrance.
      1831 W 213Th St, Torrance, CA 90501
      View Details
    • Contact for pricing
      1,992 SF

      Retail/Multifamily Property in Torrance

      Retail/Multifamily property with 1,992 square feet in Torrance, CA.
      2022 Cabrillo Ave, Torrance, CA 90501
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,968 SF

      Retail Space on Sepulveda Blvd

      Retail space available for lease on Sepulveda Boulevard.
      1555 Sepulveda Blvd, Torrance, CA 90501
      View Details
    • Contact for pricing
      11,600 SF

      Flexible Space in Old Torrance

      2528 SF space for lease in downtown Torrance.
      1321 Sartori Ave, Torrance, CA 90501
      View Details
    • Contact for pricing
      4,860 SF

      Retail Space Available For Rent

      Retail space available for lease in Torrance, California.
      1730 Sepulveda Blvd, Torrance, CA 90501
      View Details
    • Contact for pricing
      5,175 SF

      Torrance Retail/Office Space Available

      Retail or office space available for lease in Torrance.
      1431 W Knox St, Torrance, CA 90501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2103 Torrance Blvd
    Torrance, CA 90501-2610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2103 Torrance Blvd, Torrance, CA, 90501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!