23112-23118 Hawthorne Blvd
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23112-23118 Hawthorne Blvd
11,271 SF 30% Leased Retail Building Torrance, CA 90505 $3,950,000 ($350/SF)
Investment Highlights
- Strategically located just south of Del Amo Fashion regional mall, Palos Verdes Peninsula, and Beach Cities.
- Ideal for medical and retail owner user.
- Owner user or developer opportunity with one month/month tenant & the rest vacant.
- Minutes away from Torrance Memorial Hospital, medical offices, retail & restaurant establishments, and other shopping centers
- High identity free standing retail building facing Hawthorne Boulevard
Executive Summary
MAJOR PRICE REDUCTION SELLER MOTIVATED FOR QUICK SALE; High identity free standing retail building facing Hawthorne Boulevard 11,271 SF of building including mezzanine with 27,700 SF of land (per City of Torrance records) located just south of Del Amo Fashion Regional mall and minutes away from Torrance Memorial Hospital and many medical offices, retail establishments and restaurants and other shopping centers. Presently, the front portion is occupied by bicycle shop that is on month to month lease basis. Do Not Disturb Tenant drive by only.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,271 SF
Building Class
C
Year Built
1969
Price
$3,950,000
Price Per SF
$350
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.64 AC
Zoning
TOC5* - with Hawthorne Blvd. Specific Overlay Meadow Park.
Parking
39 Spaces (3.46 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Walk Score®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7378-002-091 | Improvements Assessment | $238,508 |
| Land Assessment | $358,107 | Total Assessment | $596,615 |
PROPERTY TAXES
Parcel Number
7378-002-091
Land Assessment
$358,107
Improvements Assessment
$238,508
Total Assessment
$596,615
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23112-23118 Hawthorne Blvd
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