Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    22593 Western Ave Torrance, CA 90501

    • Manufacturing properties
    • 4,653 SF
    • 0.27 lot acres
    For Sale
    View listing
    $895,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0284137
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 22593 Western Ave

    Year built
    1953
    Construction
    TILT-UP CONCRETE
    Lot size
    0.27 lot acres
    Property size
    4,653 SF
    Zone code
    TOMI-BP
    Property type
    Manufacturing properties
    APN
    7357-030-004
    APU
    7357030004

    Description

    This exceptional 4,653 square foot industrial property, situated on a 0.27-acre lot at 22593 Western Avenue Unit 1, Torrance, CA, presents a compelling investment opportunity. The building features bow truss construction and is currently utilized as a light industrial manufacturing facility. A significant advantage is the long-term tenancy, with the current business occupying the space for over 30 years and having 7 years remaining on a 10-year lease. This lease includes annual rent increases tied to the local Consumer Price Index (CPI), providing inflation protection. The property boasts a prime location on a major commercial corridor, offering convenient access to the 110, 105, and 405 freeway systems. Recent upgrades include a new roof (2023), a new electrical box, and a bathroom currently under construction. The current gross monthly rental income is $3,894, with the next CPI-adjusted increase scheduled for September 25th. This single-tenant investment is priced below market value for comparable properties in the Torrance industrial market, presenting a tremendous value-add opportunity upon lease expiration. The low cost per square foot further enhances its attractiveness. This property offers a strong combination of stable income, long-term tenancy, and significant future upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.309
    Latitude
    33.8216
    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
    $2,418
    $86,499
    $43,472
    $129,971
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,365,000
      66,199 SF

      19250 Van Ness Ave

      MANUFACTURING (LIGHT) • 66,199 SF
      19250 Van Ness Ave, Torrance, CA 90501-1102
      View Details
    • Value Estimation
      $1,100,000
      49,617 SF

      20001 Western Ave

      FOOD PROCESSING • 49,617 SF
      20001 Western Ave, Torrance, CA 90501-1306
      View Details
    • Value Estimation
      $945,000
      44,088 SF

      1445 Sepulveda Blvd

      MANUFACTURING (LIGHT) • 44,088 SF
      1445 Sepulveda Blvd, Torrance, CA 90501-5004
      View Details
    • Value Estimation
      $860,000
      133,676 SF

      2200 195th St

      MANUFACTURING (LIGHT) • 133,676 SF
      2200 195th St, Torrance, CA 90501-1120
      View Details
    • Value Estimation
      $685,000
      108,218 SF

      1810 195th St

      MANUFACTURING (LIGHT) • 108,218 SF
      1810 195th St, Torrance, CA 90501-1111
      View Details
    • Value Estimation
      $1,045,000
      54,753 SF

      1825 213th St

      MANUFACTURING (LIGHT) • 54,753 SF
      1825 213th St, Torrance, CA 90501
      View Details

    Similar Nearby for Sale

    • $969,000

      Freestanding Flex Property in Torrance

      Freestanding flex property with office and warehouse space for sale.
      1731 Border Ave, Torrance, CA 90501
      View Details
    • $3,100,000
      8,100 SF

      Torrance Industrial Warehouse For Sale

      Well-maintained 8,100 SF industrial warehouse in a desirable location.
      22809 Lockness Ave, Torrance, CA 90501
      View Details
    • $10,000,000
      2.54 Acres

      Torrance Development Land

      2.54 Acres, Prime Location
      1925 Crenshaw Blvd, Torrance, CA 90501
      View Details
    • $2,995,000
      8,000 SF

      Refurbished Warehouse with Secure Yard

      Refurbished warehouse featuring a secure yard and two street access.
      1439 Plaza Del Amo, Torrance, CA 90501
      View Details
    • $1,050,000
      2,498 SF

      Torrance Industrial Flex Space For Sale

      Prime Downtown Torrance Flex Property: Ideal for Light Manufacturing.
      Border Ave Ave, Torrance, CA 90501
      View Details
    • $895,000
      4,653 SF

      Torrance Industrial Investment Opportunity

      High-yield single-tenant industrial building.
      22593 Western Ave, Torrance, CA 90501
      View Details

    Similar Nearby for Lease

    • $1.95 SF/Yr
      22,026 SF

      Torrance Warehouse/Distribution/Manufacturing Facility

      Prime facility in central Torrance suitable for warehouse, distribution, manufacturing.
      20435-20437 S Western Ave, Torrance, CA 90501
      View Details
    • $1.20 SF/Yr
      15,230 SF

      Torrance Area Industrial Space

      Industrial space with rooftop parking in Torrance, California.
      22930-22934 Lockness Ave, Torrance, CA 90501
      View Details
    • $1.77 SF/Yr
      37,844 SF

      Freestanding Warehouse with Fenced Yard

      Renovated warehouse/flex/tech/manufacturing space with ample parking and secure yard.
      1315 Storm Pkwy, Torrance, CA 90501
      View Details
    • $23 SF/Yr
      315,256 SF

      Prime LA Warehouse Distribution Center

      315,256 SF Warehouse, Excellent Location
      19200 Western Ave, Torrance, CA 90501
      View Details
    • $1.57 SF/Yr
      20,214 SF

      Torrance Warehouse: 20,214 SF

      Modern warehouse, ideal for manufacturing or storage. 8,094 SF available.
      1347 Storm Pkwy, Torrance, CA 90501
      View Details
    • $1.25 SF/Yr
      75,248 SF

      Torrance Warehouse with Repositioning Potential

      75,248 SF Torrance warehouse with repositioning and expansion potential.
      19900-19988 Van Ness Ave, 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.
    22593 Western Ave
    Torrance, CA 90501
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.