22593 S Western Avenue S 1, Torrance, CA, US, 90501
22593 S Western Avenue S 1, Torrance, CA, US, 90501Basics
- Date added: Added 4 days ago
- Category: CommercialSale
- Type: Industrial
- Status: Active
- Floors: 1
- Lot size: 11888, 11888 sq ft
- Year built: 1953
- Zoning: TOM1
- County: Los Angeles
- MLS ID: SB24245307
Description
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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).
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Location
- Topography: Level
- Directions: Western south of Plaza Del Amo and just north of 226th
- Lot Size Acres: 0.2729 acres
Building Details
- Water Source: Public
- Lot Features: Level,NearPublicTransit,RectangularLot,StreetLevel,Yard,Flat
- Building Area Units: SquareFeet
- Construction Materials: Stucco
- Fencing: Block,ChainLink
- Number Of Buildings: 1
Amenities & Features
- Security Features: CarbonMonoxideDetectors,FireDetectionSystem,SmokeDetectors
- Roof: Composition
- Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,SewerNotAvailable,OverheadUtilities
- Cooling: None
- Electric: Volts220InKitchen,Volts220
- Heating: None
- Laundry Features: None
Expenses, Fees & Taxes
- Tax Annual Amount: $9,845
- Insurance Expense: $5,000
Miscellaneous
- List Office Name: RE/MAX Estate Properties
- Listing Terms: Cash,CashToNewLoan
- Common Interest: None
- Current Use: Industrial
- Virtual Tour URL Branded: https://tour.caimagemaker.com/l/?id=181891
- Attribution Contact: 310-422-4309