Torrance, CA 90501,22593 S Western Avenue
Torrance, CA 90501,22593 S Western Avenue
Torrance, CA 90501,22593 S Western Avenue
38
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Listed by Michael Talbot • Estate Properties
$895,000
Est. payment /mo
4,653 SqFt
Pending

22593 S Western Avenue Torrance, CA 90501

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 4,653 sqft

Price per Sqft $192

MLS Listing ID CRSB24245307

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1953

Lot Size 0.273 Acres

Property Sub-Type Comm Ind For Sale

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

Interior

Heating None

Cooling None

Fireplace No

Building

Water Public


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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22593 S Western Avenue