2481 W 238th Street Torrance, CA ^$ 1,250,000

2481 W 238th Street

^$ 1,250,000

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2481 W 238th Street

Torrance, CA, 90501

^$ 1,250,000

Studio Baths0.0 Sq 924

Monthly Estimate*

^$ 8,732

Listed by Reily Investments, Inc

2481 W 238th Street, Torrance, CA 90501 - Image 1

2481 W 238th Street, Torrance, CA 90501 - Image 2

2481 W 238th Street, Torrance, CA 90501 - Image 3

2481 W 238th Street, Torrance, CA 90501 - Image 4

2481 W 238th Street, Torrance, CA 90501 - Image 5

2481 W 238th Street, Torrance, CA 90501 - Image 6

Studio

Commercial Property for sale in Torrance, CA

for $1,250,000. This 924 square foot building was built in 1954 on a lot size of 0.1251.

Finally available for sale after 20+ years. Great opportunity for redevelopment or owner use. Located on a very busy corner of Crenshaw & 238th, this well maintained property has excellent exposure for retails, fast foods, restaurants or multi-units offices. There is a built-in sign setup for multi-units. This property is currently configured as a beauty salon, but could be easily converted to any usage. Plenty of parking and a ramp access. Perfect location for retail, office or fast-food. Don't miss out on this opportunity.

Commercial Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.1251

Year Built

1954

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

SB23150317

Days on Market

278

Features

General

Utilities NaturalGasConnected

Exclusions Tenants properties and equipment

Year Built 1954

Electric ElectricityOnProperty

Property SubType Office

Business Type BarberBeauty

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Corner of Crenshaw & 238th Street

City Torrance

View Y/N N

Senior Community Y/N N

MLS Area 127 - South East Torrance - West

Lot Size Square Feet 5450.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 238th

Listing Terms CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 245

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Property Sub Type Additional Office

Expected Active Date 2023-08-30

Exterior

Lot Features CornerLot

Water Source Public

Lot Size Area 5450.0

Spa N

Building Area Total 924.0

Lot Size Acres 0.1251

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup

Entry Level 3

Electric On Property Y/N N

Internal Only

Street Number 1 2481

* Excluded Features

List By

Reily Investments, Inc

Broker

(310) 872-4993

Phone

Affordability Calculator

$8,732

Per Month

Monthly Principal & Interest: $8,732
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Torrance, CA

Average List Price ^$1,601,500

Percent of Sale Price 28%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,250,000	-10.39%	Price Down
4/5/2024	$1,395,000	-6.69%	Price Down
2/25/2024	$1,495,000	-6.27%	Price Down
1/6/2024	$1,595,000	-8.86%	Price Down
10/14/2023	$1,750,000	-2.78%	Price Down
9/23/2023	$1,800,000	-10.00%	Price Down
8/30/2023	$2,000,000		Listed Price

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2481 W 238th Street, Torrance, CA, 90501 is a Commercial Property for sale at $1,250,000 with 924 sqft and a lot size of 0.1251. 2481 W 238th Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 90501 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2481 W 238th Street

Commercial Property for sale in Torrance, CA

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