Property profile

3977 W 171St St Torrance, CA 90504

FOR SALE
Auto shops
Property ID
US09-7336340
4,894 SF 0.19 ac lot Built 1961
Trust Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Torrance industrial property offers a unique redevelopment opportunity. Situated on a large 23,000 square foot lot, the property features three buildings totaling approximately 11,400 square feet of net rentable space. Currently vacant, this Class B property presents a blank canvas for developers or owner-users. The existing structures include five separate office spaces, each with its own meter, and additional second-floor offices with kitchenettes and showers. The property boasts a 14-foot ceiling height, 400A/240V/3-phase power, and a partial concrete yard. Its prime location in Torrance offers high visibility and easy access to the 405, 91, and 110 freeways, with a daily traffic count of 30,000-34,000 vehicles. The property's zoning (GC-C2) allows for various development possibilities, and its proximity to restaurants, shopping, and major transportation arteries makes it an attractive investment. The large lot size and high traffic count present significant potential for additional income streams, such as a passive billboard sign. This is a rare opportunity to acquire a substantial property in a highly desirable location. The property includes three separate parcels (APN: 4087-021-016 & 4087-021-017 & 4087-021-018) and benefits from multiple ingress and egress points, along with existing utilities. The wrought iron fencing enhances security. This is a value-add investment opportunity with significant redevelopment potential.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Construction TILT-UP CONCRETE
Total area 4,894 SF
Lot 0.19 ac (8,150 SF)
Zoning code TOCC-GEN
APN 4087-021-017
UPID US09-7336340

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
  • Roofing Company General Contractor
  • Auto Repair Shop

Location

3977 W 171St St Torrance, CA 90504
Torrance metro Census 650003 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
3 recorded transactions
2018
$1.8M
2011
Price N/A
1996
Price N/A

Zoning & alternative use

TOCC-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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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