22593 S Western Avenue, #1
Torrance, CA 90501
Active for $895,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 11,888 sqft
| MLS | SB24245307 |
| Year Built | 1953 |
| Property Type | Industrial |
| County | Los Angeles |
| Status | Active |
| Active | $895,000 |
| Structure Size | N/A sqft |
| Lot Size | 11,888 sqft |
| Beds | N/A |
| Baths | N/A |
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).
Listing information courtesy of: Michael Talbot, RE/MAX Estate Properties 310-378-9889. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Cheyenne Hemmati
REALTOR®
Direct: 310.876.9187
Email: Email Me
DRE: 01345133
DRE #01873088
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