$895,000
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22593 Western Avenue Unit 1 Torrance, CA 90501
Industrial
Residence
Beds
Baths
...
Bed/Bath
4,653
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 upo...n 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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MLS#
SB24245307
Property Type
Industrial
Year Built
1953
Square Feet
4,653
sq. ft
Lot Size
0.27
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