22593 S Western Avenue, #1, Torrance, CA 90501
-
Listed Price :
$895,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1953
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).
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
22593 S Western Avenue, #1 |
| City |
Torrance |
| State |
CA |
| Zip |
90501 |
| County |
Los Angeles |
| Listing Agent |
Michael Talbot DRE #00645363 |
| Courtesy Of |
RE/MAX Estate Properties |
| List Price |
$895,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Industrial |
| Structure Size |
N/A |
| Lot Size |
11,888 |
| Year Built |
1953 |
Listing information courtesy of: Michael Talbot, RE/MAX Estate Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 9th, 2024 at 3:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
