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… Read More 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). Read Less
Property listed by RE/MAX Estate Properties, Michael Talbot 310-422-4309
Listing Snapshot
Days Online
20
Last Updated
Property Type
Industrial
Square Ft.
4,653
Lot Size
0.27 Acres
Year Built
1953
MLS Number
SB24245307
30 Days Snapshot Of 90501
$1,274k
+39%
(avg) sold price
2
-86%
homes sold
106
+37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 4,653, 1 building, Construction materials: Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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