2215-2221 W 190th St 4,079 SF Office Condo Unit Offered at $4,500,000 in Torrance, CA 90504
INVESTMENT HIGHLIGHTS
- Artistic Loft Feel: The 2215 space with 2-story ceilings provides a unique and open atmosphere ideal for creative or tech-oriented businesses.
- Zen Garden & Outdoor Shower: A serene outdoor space adds to the property's appeal, offering a place for relaxation and informal meetings.
- Turnkey Opportunity: The Seller is willing to leave most of the existing furniture, simplifying the move-in process for the buyer.
- Versatile Office Space: The property includes multiple private offices, a large storage/server room, and flexible open areas.
- Mezzanine Space: Both 2215 and 2221-B have 2nd-floor mezzanine areas, providing additional space and functionality.
- Owner/User Potential: Ideal for a buyer looking to occupy 2215 W. 190th Street while generating additional income from the other tenants.
EXECUTIVE SUMMARY
This space features 2-story ceilings, offering an artistic loft feel. It includes 6 private offices, a large storage/server room, a large reception area, a waiting area with a built-in aquarium, a conference room, a kitchen, and an open area with modular cubicles. The Seller is open to leaving most of the furniture, making it a turnkey opportunity for buyers. Additionally, the space has access to a beautiful zen garden and an outdoor shower, with a 2nd-floor mezzanine space currently used as a gym. Projected rent is $2.70/ft modified gross when the Seller vacates or perfect for an owner/user.
PROPERTY FACTS
| Price | $4,500,000 |
| Unit Size | 4,079 SF |
| No. Units | 1 |
| Total Building Size | 8,762 SF |
| Property Type | Office (Condo) |
| Property Subtype | Loft/Creative Space |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 8,762 SF |
| Year Built | 2005 |
| Lot Size | 0.42 AC |
| Parking Ratio | 2.97/1,000 SF |
1 UNIT AVAILABLE
Unit 2221-B
| Unit Size | 4,079 SF |
| Price | $4,500,000 |
| Price Per SF | $1,103.21 |
| Condo Use | Office |
| Sale Type | Owner User |
DESCRIPTION
The Seller plans to downsize and relocate to this space, displacing the current tenants. This offers an opportunity for an owner/user to take over the larger 2215 space or for an investor to negotiate with the tenants to move into the 2215 space. Like the 2215 space, 2221-B also features a 2nd-floor mezzanine which has a large private office and large open area for several workstations
SALE NOTES
The Seller with leaseback at a rate of $2.70/ft modified gross for the entire 2,295 sf. Leasing back 2221-B and keeping the signage on the east wall is a condition of the sale. One of the current tenants may consider leasing back 2215 when displaced if the Buyer is an investor and not an owner/user
Cap Rate is 4.35% for this location.
AMENITIES
- Bus Line
- Signage
ZONING
| Zoning Code | TOM1-HVY (Heavy Manufacturing) |
