$895,000

22593 S Western Avenue S, Torrance, CA 90501, US

Summary

Sq Ft: 4653.00
Year Built: 1953

Moving Quotes

primary photo for 22593 S Western Avenue S, Torrance, CA 90501, US

Remarks

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).

Details

MLS#: SB24245307
Price: $895,000

Sq Ft: 4653.00
Year Built: 1953

County: Los Angeles

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Broker Contact


RE/MAX Estate Properties
Discover your Lifestyle
63 Malaga Cove Plaza
Palos Verdes Estate, CA, 90274
US
James Sanders
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by California Regional Multiple Listing Service, Inc
Last updated: 2024-12-05T22:09:22.000-08:00.
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