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Property profile & analytics
OFF-MARKET
Banks

23220 Hawthorne Blvd Torrance, CA 90505-3719

4,309 SF 0.13 ac lot Built 2013
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8992043
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bamboo 21 LLC · 9 yrs held
Bamboo 21 LLC
since 2016
2 recorded transactions
2016
$6.5M
2007
$6.6M
Zoning & alternative use
TOHC-GEN · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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