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).
Property Details
Price:
$895,000
MLS #:
SB24245307
Status:
Active
Baths:
0
Address:
22593 S S Western Avenue 1
Type:
Commercial
Subtype:
Industrial
Neighborhood:
135southeasttorranceeast
City:
Torrance
Listed Date:
Dec 3, 2024
State:
CA
ZIP:
90501
Year Built:
1953
Schools
Interior
Cooling
None
Heating
None
Exterior
Electric
220 Volts in Kitchen, 220 Volts
Fencing
Block, Chain Link
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System
Stories Total
1
Water Source
Public
Financial
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Not Available
Map
Contact Us
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Courtesy of RE/MAX Estate Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 22593 S S Western Avenue 1
Torrance, CA
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