Property profile

2218 Torrance Blvd Torrance, CA 90501

OFF-MARKET
Investment properties
Property ID
US10-0275664
4,948 SF 0.14 ac lot Built 1948
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1948
Construction WOOD
Total area 4,948 SF
Lot 0.14 ac (6,000 SF)
Zoning code TOCC-GEN
APN 7355-006-002
UPID US10-0275664

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
  • Hair Salon

Location

2218 Torrance Blvd Torrance, CA 90501-2516
Torrance metro Census 650901 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2020
Last sale
$1.6M
7 recorded transactions
2020
$1.6M
2017
Price N/A
2015
Price N/A
2015
$268,000
2011
Price N/A
2006
Price N/A
1994
Price N/A

Zoning & alternative use

TOCC-GEN · Torrance, CA
Top alternative use upside
Auto repair, garage $2.3M +47.7%
Medical building $2.3M +45.1%
Office building $2.1M +33.4%

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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