Property summary
This exceptional two-story office building, encompassing 6,175 square feet, presents a remarkable investment or owner-user opportunity in the vibrant heart of Torrance, California. Situated on a 0.14-acre lot with approximately 45 feet of frontage on Torrance Boulevard, this property benefits from its proximity to public transit, exempting it from density and parking requirements under AB2097. The building's versatile layout includes two spacious conference rooms, numerous private offices, and collaborative work areas, all enhanced by floor-to-ceiling glass panels that maximize natural light. A highlight is the expansive executive suite, complete with a private full bathroom, a convenient kitchenette featuring a sink and built-in microwave, and a comfortable lounge area. Ample storage is also provided. The building offers five shared restrooms—two on the ground floor and three on the second floor—and nine on-site parking spaces, supplemented by readily available street parking. The second floor, accessible via both front and rear stairwells, presents a unique opportunity for potential subdivision into two separate units, increasing flexibility and rental income. Priced at $2,400,000, this property offers immediate occupancy potential or a strong foundation for leasing. Its prime location and advantageous zoning make it an attractive proposition for discerning buyers.
Property profile
VerifiedCap rate & NOI
Current use
-
Roofing Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Torrance market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
TOCC-GEN · Torrance, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for TOCC-GEN in Torrance, CA.
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