22593 S Western AVE S #1 Active Save Request In-Person Tour Request Virtual Tour
Torrance,CA 90501
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24245307
Year Built 1953
Annual Tax Amount $9,845
Lot Size 0.273 Acres
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
Laundry None
Exterior
Fence Block,Chain Link
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Not Available,Overhead Utilities
Roof Type Composition
Building
Lot Description Level,Near Public Transit,Rectangular Lot,Street Level,Yard,Flat
Story 1
Water Public
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard