The property is well positioned on Beach Cities connecting Torrance Blvd. at the SEC of Torrance Blvd & Madrid Ave. (±34,000 VPD)
C-1 Zoning allows for a wide range of Commercial uses as well as Multi-Residential / Senior Living uses (CUP Permitting).
The former Auto Repair (lifts have been removed) and adjacent former Branch Office Bar/Restaurant property will be delivered vacant at time of sale - allowing for multiple Value-Add/Redevelopment scenarios. Seller may consider entitlement contingency timing subject to deal terms and scope/size of redevelopment.
-The property abuts only one residential property (4-Plex) and alley separated small SCE substation allowing for reduced / minimal setbacks and other more beneficial development requirements.
-Adjacent SCE Substation on southeast side of rear alley may provide ease of access to multiple Megawatts for potential high electricity / E-Charging users which are permitted by right
Value Add or Redevelopment Opportunity
This South Bay-Beach Cities commercial property (Former Auto Repair & Bar/Restaurant on 18,004 SF/Land) in -Torrance, CA (Los Angeles County) is an attractive Value Add or Redevelopment investment opportunity.
Desirable South Bay Location
Torrance Blvd is a major city / commuter thoroughfare with strong surrounding retail and employment center synergy including:
Old Town Torrance (charming downtown with new & historic buildings and eateries) (0.8 Miles)
Honda North America Corporate Headquarters (0.7-Miles)
Direct access to 110 Fwy (7-Miles)
Del Amo Fashion Center (2.5 M SF Mall – 5th largest in United States (1.7-Miles)
Hospital and Urgent Care Services (1.1 miles or less)