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2321 Torrance Blvd 6,175 SF 100% Leased Office Building Torrance, CA 90501 $3,350,208 CAD ($542.54 CAD/SF) 5.62% Cap Rate

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EXECUTIVE SUMMARY

Exempt under AB2097, it is not subject to typical density and parking requirements. We are pleased to present this 6,175 sqft, two-story office building in the heart of Torrance, offering a prime opportunity for both owner-users and investors. This property qualifies for medical use, providing even more flexibility for potential tenants or owners. The property features a flexible layout with two large conference rooms, private offices, collaborative spaces, and abundant natural light from floor-to-ceiling glass panels. It includes a spacious executive office with an ensuite full bathroom, a kitchenette with a sink, built-in microwave, lounge area, and ample storage. The building also offers five shared restrooms (two on the first floor, three on the second), and the second floor is accessible via front and rear stairwells, making it ideal for subdivision into two separate units. With nine on-site parking spaces and ample street parking, plus approximately 45 feet of frontage along Torrance Blvd, this property is delivered vacant, providing immediate occupancy or leasing potential.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,175 SF
Building Class
B
Year Built/Renovated
1985/2004
Price
$3,350,208 CAD
Price Per SF
$542.54 CAD
Cap Rate
5.62%
NOI
$188,282 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,088 SF
Slab To Slab
11’
Building FAR
1.01
Lot Size
0.14 AC
Zoning
C1, Torrance - Commercial

AMENITIES

  • 24 Hour Access
  • Security System
  • Reception
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 6,175 SF
  • Office
  • Full Build-Out
  • 30 Days

- Expansive two-story layout with high ceilings and exposed ducting that provide an open, modern feel. - Glass-enclosed conference rooms and a mix of private offices throughout, creating an efficient, functional space.

Space Size Space Use Condition Available
1st Floor 6,175 SF Office Full Build-Out 30 Days

1st Floor

Size
6,175 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 6,175 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

- Expansive two-story layout with high ceilings and exposed ducting that provide an open, modern feel. - Glass-enclosed conference rooms and a mix of private offices throughout, creating an efficient, functional space.

Walk Score®
Very Walkable (76)
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
$1,079,405 CAD
Improvements Assessment
$863,524 CAD
Total Assessment
$1,942,930 CAD
  • Listing ID: 33842170

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 2321 Torrance Blvd, Torrance, CA 90501

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