22593 S Western AVE S #1, Torrance, CA 90501

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$895,000

Est. payment - /mo

0.27 Acres Lot

Active

22593 S Western AVE S #1 Torrance, CA 90501

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Claudia Medina

claudiasellssandiego@gmail.com +1(619) 723-7751

UPDATED:

12/09/2024 03:01 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24245307

HOA Y/N No

Year Built 1953

Annual Tax Amount $9,845

Lot Size 0.273 Acres

Lot Dimensions Assessor

Property Description

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).

Location

State CA

County Los Angeles

Area 135 - South East Torrance - East

Zoning TOM1

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence Block, Chain Link

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Not Available, Overhead Utilities

Roof Type Composition

Present Use Industrial

Building

Lot Description Level, Near Public Transit, Rectangular Lot, Street Level, Yard, Flat

Story 1

Water Public

Others

Tax ID 7357030004

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Michael Talbot • RE/MAX Estate Properties • 310-422-4309

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Claudia Medina

Agent | License ID: 01312931

+1(619) 723-7751

22593 S Western AVE S #1 Torrance, CA 90501

Claudia Medina

Key Details

Location

Interior

Exterior

Building

Others

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22593 S Western AVE S #1