Active
22593 S Western Avenue S 1
Torrance CA, 90501
$895,000
$192.35 per sqft
Active
4,653 sqft
Commercial
Built in 1953
Listed by Michael Talbot with RE/MAX Estate Properties 310-422-4309
Single tenant Investment - bow truss construction - light industrial - manufacturing facility - long term 30 plus years tenancy with same business - 7 yrs remaining of 10 yr lease with annual inflation fighting cost of living adjustments per local CPI - tremendous upside in value add opportunity upon lease expiration - lowest priced cost per foot in Torrance Industrial Market - recent upgrades include new roof 2023 - electrical box and bathroom (now under construction) - Prime Location on a major commercial corridor with close proximity to the 110, 105 and 405 freeway system - This is a fantastic opportunity to purchase a single tenant investment priced below market values for similar properties. Gross monthly rental is $3,894 (next CPI annual increase - 9/25).
SB24245307
MLSⓇ ID
December 5, 2024
Listed
December 22, 2024
Updated
Map
22593 S Western Avenue S 1
Torrance CA, 90501
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Level, Near Public Transit, Rectangular Lot, Street Level, Yard, Flat
Roof
Composition
Other Property Details
Area Name
135 - South East Torrance - East
Taxes
$9,845
Tax Frequency
Annually
Days on Market
3
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
TOM1
Listing Contact: 310-378-9494
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/22/2024 at 1:18 AM UTC