Property summary
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
VerifiedCap rate & NOI
Current use
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Roofing Company General Contractor
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning