Technical
Financial
Distress signals
Property profile

23220 Hawthorne Blvd Torrance, CA 90505

OFF-MARKET
Banks
Property ID
US09-8992043
4,309 SF 0.13 ac lot Built 2013
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,450 square foot executive office space, located at 23220 Hawthorne Blvd in Torrance, California, presents a unique investment opportunity. Situated on a generous 1.07-acre lot, this single-tenant property offers unparalleled visibility and accessibility. Previously occupied by a Chase Bank, the building boasts a substantial footprint, ideal for a variety of executive office uses. The entire 4,450 square feet is currently vacant and ready for immediate occupancy. The property's location in Los Angeles County, within the vibrant city of Torrance (zip code 90505), ensures convenient access to major transportation arteries and a thriving business community. The building's prior use as a bank suggests a robust infrastructure, including secure features and potentially adaptable layouts. This property is classified as both retail and office space, offering flexibility for a diverse range of businesses. The single-tenancy aspect provides a streamlined and efficient operational environment. With its prime location, ample square footage, and vacant status, this property represents a compelling opportunity for businesses seeking a high-profile presence in the Torrance market. The property's size and location make it suitable for a variety of uses, from a corporate headquarters to a specialized professional practice. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2013
Construction TILT-UP CONCRETE
Total area 4,309 SF
Lot 0.13 ac (5,879 SF)
Zoning code TOHC-GEN
APN 7378-014-031
UPID US09-8992043

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
  • Loan Service Bank
  • Bank Loan Service

Location

23220 Hawthorne Blvd Torrance, CA 90505-3719
Torrance metro Census 651101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2016
2 recorded transactions
2016
$6.5M
2007
$6.6M

Zoning & alternative use

TOHC-GEN · Torrance, CA

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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