22593 Western Avenue # 1, Torrance

$895,000

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0.27

Acres

Listing Agent
Michael Talbot - RE/MAX Estate Properties

About 22593 Western Avenue # 1

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).

Features of 22593 Western Avenue # 1

MLS® # SB24245307
Price $895,000
Bathrooms 0.00
Acres 0.27
Year Built 1953
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 22593 Western Avenue # 1
Area 135 - South East Torrance - East
City Torrance
County Los Angeles
Zip Code 90501

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Not Available, Overhead Utilities
Is Waterfront No
Has Pool No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Stucco
Lot Description Level, Near Public Transit, Rectangular Lot, Street Level, Yard, Flat
Roof Composition
Construction Stucco

Additional Information

Date Listed December 3rd, 2024
Days on Market 71
Zoning TOM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMichael Talbot
OfficeRE/MAX Estate Properties

Listing Map

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