22593 S Western Ave - Manufacturing FOR SALE


Torrance, CA 90501- Olde Torrance Neighborhood
$895,000 USD
310-422-4309
22593 S Western Ave, Torrance, CA for Sale
$895,000 USD
Manufacturing - FOR SALE
1/32
null | 3.6% Cap Rate

22593 S Western Ave
Torrance, CA 90501
Olde Torrance Neighborhood


HIGHLIGHTS

  • Single Tenant Investment w-Long Term Tenancy -
  • Low cost per foot with value add opportunity upon termination of lease
  • Inflation fighting annual cost of living adjustments
  • New Roof installed 2023 - under warranty
  • Prime Commercial Corridor with close proximity to 91 - 105 - 110 - 405 freeways
  • New main water line - 2023

OVERVIEW

Now under contract - pending sale - buyer's completing DD period - call for updates. Investment hold with value add opportunity - Ideal tenant with an established 30 plus yrs of long term tenancy with 7 yrs remaining of existing lease with annual inflation fighting cost of living adjustments. A New roof was installed last year as well as a new main water line and electrical box. Current bathroom is under construction will be upgraded with new fixtures. Need 48 hrs notice to schedule a tour, please contact listing agent.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

3.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22593 S Western, Torrance 90501

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,888

ZONING

TOM1

APN/PARCEL ID

7357-030-004

ASK ABOUT THIS PROPERTY

Michael TalbotRE/MAX Estate PropertiesMore Info
310-422-4309

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Michael TalbotRE/MAX Estate PropertiesMore Info
310-422-4309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.