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2321 Torrance Blvd

6,175 SF Vacant Office Building Torrance, CA 90501 $2,400,000 ($389/SF) 5.62% Cap Rate

Executive Summary

We are pleased to present this vacant 6,175 square-foot, two-story office building located in the heart of Torrance, offering an exceptional opportunity for owner-users and investors alike. The property features a versatile layout with two large conference rooms, multiple private offices, and collaborative spaces throughout. Floor-to-ceiling glass panels divide the interior spaces, allowing natural light to permeate throughout. It also includes a spacious executive office with an ensuite full bathroom, a kitchenette with a sink, built-in microwave, and lounge area, as well as ample storage. The building is equipped with five shared restrooms—two on the first floor and three on the second floor. The second floor is accessible by both front and rear stairwells, offering easy potential for subdivision into two separate units. The property also provides nine parking spaces on-site, with ample street parking available. Additionally, it boasts approximately 45 feet of frontage along Torrance Blvd. Delivered vacant, this property offers tremendous potential for immediate occupancy or leasing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,175 SF
Building Class
C
Year Built/Renovated
1985/2004
Price
$2,400,000
Price Per SF
$389
Cap Rate
5.62%
NOI
$134,880
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,088 SF
Slab To Slab
11’
Building FAR
1.01
Land Acres
0.14 AC
Zoning
C1, Torrance
Parking
1.4 Spaces per 1,000 SF Leased

Amenities

  • 24 Hour Access
  • Security System
  • Reception
  • Air Conditioning
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7354-014-014
Land Assessment
$754,378
Improvements Assessment
$603,502
Total Assessment
$1,357,880
  • Listing ID: 33842170

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 2321 Torrance Blvd, Torrance, CA 90501

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