Remodeled Pre-School Property in Old Torrance. Front building is 1452 sqft. It consists of two large classrooms, reception room, office, three storage closets, one adult or teachers bathroom and two childrens bathrooms. Rear building is approximately 461 sqft and is being used as a recreation room. Children's play yard and large grass area. Driveway on south side of property has parking for three cars on the side of the front building. There is a approximately 50 foot long Loading Zone in front of this property. Currently zoned for a pre school with up to forty children. Diagrams of the floor plan for both buildings are in the supplements. Remodeling done in 2016. Very nice area in Torrance that is convieniently located. The current tenant owns the Montessory School and it is NOT included in the price because there is no interest in selling. Any sale is subject to long term lease currently on property.
5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled (2005). 1 of 4 apartment units have been rehabbed (2020). Apartment tenants receive a storage locker 5 x 7 included in their rent located in the parking area and there is an additional structure attached to the rear of the building generating additional monthly storage income. Investment Metrics: 13.4 GRM / $254 Per Unit/ 11.2 GRM Pro Forma.
Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
Located in the vibrant downtown area of Hermosa Beach, this prime retail building features four tenants on net leases; and underwent a full remodel in 2013. Its A+ location is just one block from the beach, surrounded by high-end retail outlets, restaurants, the iconic Hermosa Beach Pier, and the stylish H2O Hermosa hotel. The property boasts excellent frontage, ensuring high visibility to the approximately 30,000 vehicles passing by daily. Additionally, the area sees significant pedestrian foot traffic, with a population of 25,000 within a 1-mile radius and 155,000 within a 3-mile radius. The average annual household income in the area is $149,500. A key feature of this property is the assumable loan of $3,300,000 at a fixed interest rate of 4.50% until December 2024. The principal balance is due in December 2026, offering a favorable financing opportunity for potential buyers.
Commercial building (Retail/Office) for sale located in the City of Lomita. This Lomita property features two-story MIX USE Retail and Office total building size of 8,062 sqft space. The lot size is 17,938 sqft and the building was built in 1979. This Lomita Commercial building features 5 units: 2 retail spaces and 3 offices. There are 26 parking spaces available. Upside Potential: This Lomita property offers excellent upside potential for owner-user or Investment. The possibilities are endless, lease at current market and maximize profits with NNN lease. Lease out to Retail Stores, Grocery Stores, Medical Offices, Gym, Dance Studio, School, etc. This Lomita property is located near the intersection of Lomita Blvd and Western Avenue and has ample parking. Investment highlights include: __ Less than 2 miles from Kaiser Permanente South Bay Medical Center. __ Located near to 405 Freeway, 110 Freeway and Pacific Coast Highway. __ Well-maintained commercial building with easy access from Western Ave or Lomita Blvd. __ Perfect opportunity for owner/user or investor, Great upside potential. *__ 5 units mix. 2 retail and 3 offices (Upside Creative/mini Office could be as much as 10+- offices)
We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.6% current cap rate and 15 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.
Exclusive stand-alone commercial building in Downtown Hermosa Beach! The 4,675 square feet of useable space the building offers is conveniently located one block from the beach. The building has been fully renovated, undergoing a down-to-the-studs remodel in 2020. It has a total of 5 single level street-facing units and is zoned HBC2YY. The building serves as a great investment opportunity and a real estate gem to add to your portfolio. It is surrounded by restaurants, shops, and hotel accommodations while being located only 2 blocks North of the Hermosa Beach Pier. With only a finite amount of commercial real estate available in Downtown Hermosa Beach, this building is a luxury you cannot afford to miss out on!
We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and
775 Portola Ave is an amazing opportunity to own six units offered at only $282k/unit. The subject property has over 50% upside in rental income. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath - each unit features 2 parking space (1 garage and 1 tandem), as well as washer/dyer hookups. Once fully rented for market and ADU is constructed ($300k), the property will operate at a 8.61% CAP and 7.64 GRM. This investment is located near Old Torrance- one of the more desirable pockets in Torrance. There are many shops and restaurants close by, as well as Del Amo Shopping Center. One of the highlights of Torrance is its excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children.
Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking
1501-1505 Aviation Blvd offers investors an opportunity to own a prime retail strip in the heart of Redondo Beach. Located less than one mile from the Hermosa Beach Pier, this property boasts three retail spaces with long term triple net tenants, off-street parking, and prime street frontage along a main South Bay street. Please contact Melanie Archer for the full Offering Memorandum.
A+ BEACH CITY TROPHY LOCATION | 30% RENTAL UPSIDE | OCEAN FACING UNITS | EQUIPPED WITH SOLAR PANELS | 40 PARKING SPOTS | NO LOCAL RENT CONTROL - AB 1482 | 2 BLOCKS FROM PIER AVENUE | ALL 2-BED/1-BATH UNITS | 3.53% IN PLACE CAP | PRO-FORMA CAP OF 5.01%
Hand wash car wash has been in Torrance since 1957 walking distance to down town. Property consists of 2 separator APN's totaling 14,131, great redevelopment area also, and long time employees. City is open to various opportunities . Call for details.
Welcome to your new slice of paradise nestled in the prestigious Southbay/Hermosa Beach Sand section walk street area. Located at the corner of 21st St and Hermosa Ave, this exquisite 5-Unit property presents a rare opportunity for ownership just steps away from the renowned Strand. Boasting a total building size of 2,522 sqft on a generous 2,848 sq ft lot, this property is a gem in the heart of Hermosa Beach. Three of the five units have undergone extensive renovations, showcasing stunning modern finishes and design elements. The property comprises a well-thought-out mix of units, including one 1-bedroom, one 2-bedroom, three Studios, each equipped with either a full or bathroom. Additionally, there are three single-car garages and two small underground storage spaces, ensuring ample convenience and storage options for residents. Two of the units are accessible from 21st Street and offer a charming patio (on the walk street), perfect for entertaining guests or simply enjoying the coastal breeze. The 1-bedroom offers a private patio. With its prime location and strong rental potential, this property presents an exceptional investment opportunity in a highly sought-after area. Don't miss your chance to own this fantastic property mere moments away from the ocean. Schedule a vie
Don't miss out on the chance to own your medical/office space at 2200 PCH, a prominent 3-story building nestled in the heart of Hermosa Beach. Experience the year-round mild climate, abundant sunshine, and invigorating sea breezes of Southern California's coveted beach communities. With several office suites up for grabs, this building boasts enticing amenities such as a central open-air courtyard, well-appointed outdoor areas, and captivating ocean vistas ideal for refreshing breaks. Enjoy the added convenience of covered parking, 24/7 access, and each suite features its own independent entrance. Situated less than a mile from Hermosa's bustling downtown social hub, this location offers both professional convenience and vibrant leisure opportunities.
Don't miss out on the chance to own your medical/office space at 2200 PCH, a prominent 3-story building nestled in the heart of Hermosa Beach. Experience the year-round mild climate, abundant sunshine, and invigorating sea breezes of Southern California's coveted beach communities. With several office suites up for grabs, this building boasts enticing amenities such as a central open-air courtyard, well-appointed outdoor areas, and captivating ocean vistas ideal for refreshing breaks. Enjoy the added convenience of covered parking, 24/7 access, and each suite features its own independent entrance. Situated less than a mile from Hermosa's bustling downtown social hub, this location offers both professional convenience and vibrant leisure opportunities.
Don't miss out on the chance to own your medical/office space at 2200 PCH, a prominent 3-story building nestled in the heart of Hermosa Beach. Experience the year-round mild climate, abundant sunshine, and invigorating sea breezes of Southern California's coveted beach communities. With several office suites up for grabs, this building boasts enticing amenities such as a central open-air courtyard, well-appointed outdoor areas, and captivating ocean vistas ideal for refreshing breaks. Enjoy the added convenience of covered parking, 24/7 access, and each suite features its own independent entrance. Situated less than a mile from Hermosa's bustling downtown social hub, this location offers both professional convenience and vibrant leisure opportunities.
Beautiful 5 unit townhome built in 1991 and not subject to Los Angeles City Rent Control (buyer to verify). Each unit is 2 bedroom and 1.5 bath and over 1,360sf. Each unit is townhouse style with 2 car private garage on bottom level with direct access to the house. Each unit comes with washer / dryer hookups in the garage. First floor has large living room, eat in kitchen, and half bath. Second floor has two large bedrooms with ample windows and closet and full bathroom. One unit recently renovated with everything new and rented at $2895. Proforma cap 5.67. Current cap 4.34. Owner may carry with 30% down. End units #1 and #5 have balconies. New roof installed in 2022. quiet residential street. Easy access to Freeway. Very low expenses with tenants paying for own gas, electric, trash. Landlord pays only water.
1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stab
Fully renovated 5 units back in 2019. Front house plus 4-unit apartment building and the the garage in the back. Total 5 units. All 2bed-1bath. 2-car parking in front for the front house and 1-car garage each for 4 units. The garage in the back is a 1-story and ADU potential for value-up. Buyer & buyer`s agent to verify.
This six unit apartment complex located in the heart of North Redondo Beach is located less than two miles from the beach. Each unit is two bedrooms-one bathroom with in unit washers/dryers/hookups. Five of the six units were renovated with white cabinets, vinyl wood floors, stainless steel appliances, and upgraded electrical, mechanical and plumbing. Two of the units boast private balconies. There is ample parking with six garage and six surface spaces which offers a great opportunity to add ADUs. The property underwent seismic retrofitting and is fully occupied. Rents below market. Don't miss this opportunity to own a piece of the South Bay! No local rent control - subject to California SB 1482.
MIXED USED PROPERTY on Prime Corner Lot in North Redondo Beach | Just 2.2 miles to Hermosa Beach (going West) | (Three) Commercial Retail Storefronts units on high traffic and high visibility Artesia Blvd with 2500 sf, AND (Two) Residential Bungalows on Slauson Lane with 960 sf and each 1BR/1BA. *** Great for an investor looking for a 2nd final leg to their 1031 exchange, or an owner-occupier. Two of the storefronts (#B and #C) were completely remodeled in 2020 with new HVAC, drywall, modern frontage (glass and door), recessed lighting, electrical wiring/outlets/switches, new flooring, ADA compliant bathrooms and new roof. *** Residential Bungalows (connected 1-car garages each) have 1BR/1BA each, front and back yards and located on Slauson Lane. *** Redondo Beach has an ''Artesia and Aviation Corridors Area Plan'' (dated Jan. 2020) with major plans to renovate the corridor.
Asking $3,899000 for purchase and $2.75 / s.f. NNN ($.0.50) for lease rateFor LEASE or SALE with abundant parking and high visibility on Hawthorne Blvd, this 7,080 s.f. building on a 14,358 s.f. parcel is just a short distance to the South Bay Galleria in beautiful Lawndale.With easy access and a corner location, this desirable property is ideally suited for a restaurant, religious facility, market, or other vibrant retail business requiring onsite customer parking. The ground level, single story interior is wide open, with abundant windows facing Hawthorne Blvd., so it's a 'blank slate', ready for your imagined retail concepts (see renderings).The property benefits from over 53,000 vehicles a day passing by and is just 2 blocks from the intersection of Hawthorne and Artesia, which sees 110,000 vehicles a day and is one of the busiest intersections in the South Bay area. A retail business here will be in the great company of nearby national retailers such as Starbuck's, Boston Market, Walgreens, CVS, and Chase Bank. Prospective retailers can also look forward to the nearby South Bay Galleria's planned remodel and Metro Link's expansion to attract and generate an even greater customer base. For destination-oriented retailers, this location is just a few blocks away from the 405 Fr
For LEASE or SALE with large square footage, high visibility, and great signage on Hawthorne Blvd, this 9,645 s.f. building on a 11,956 s.f. parcel is just a short distance to the South Bay Galleria in beautiful Lawndale, renowned for its Alondra Community Park and South Bay Wedding Center. With easy access and a hard, signalized corner location, this desirable property is ideally suited for a furniture store or similar business. The ground level, single story interior is wide open, with abundant windows facing Hawthorne Blvd., so it's a 'blank slate', ready for your imagined retail concepts (see photos)The property benefits from over 40,000 vehicles a day passing by and is just 3 blocks from the intersection of Hawthorne and Artesia, which sees 110,000 vehicles a day, and is one of the busiest intersections in the South Bay area. A retail business here will be in the great company of nearby national retailers such as Starbuck's, Boston Market, Walgreens, CVS, and Chase Bank. Prospective retailers can also look forward to the nearby South Bay Galleria's planned remodel and Metro Link's expansion to attract and generate an even greater customer base. For destination-oriented retailers, this location is just a few blocks away from the 405 Freeway.The owner has approved plans for a
PRIME LOCATION OFFICE BUILDING ON A HIGH TRAFFIC CORNER (between Artesia Blvd & Redondo Beach Blvd). This free-standing building lot size over 1 acre with 90+ parking spaces, gated and major updates via insurance company due to fire from outside of building in 2018. Great signage opportunity, easy freeway access, high ceilings upto 13ft, huge open space can handle up to 200 people on first floor, multiple offices various sizes on second floors, lots of windows for natural lights. Current use by church and seminary schools. No showings or visitors allowed until approved by seller representative.
