24228 Hawthorne Boulevard
Torrance, CA, 90505 $ 2,700,000
Baths0.0 Sq 4,800 Monthly Estimate*
$ 18,860
Studio
for $2,700,000. This 4,800 square foot building was built in 2021 on a lot size of 0.1401.
Premiere Commercial Property on 24226-24228 Hawthorne Blvd, Torrance, CA Welcome to an exceptional investment opportunity in the coveted Walteria neighborhood of Torrance! Presenting 24226-24228 Hawthorne Blvd, a remarkable commercial property that offers an array of possibilities for investors and entrepreneurs. With its prime location, spacious layout, and diverse potential uses, this property is a hidden gem waiting for the right visionary to unlock its full potential. Property Overview: Address: 24226-24228 Hawthorne Blvd, Torrance, CA 90505Property Type: Retail/Storefront Retail/Office Year Built/Renovated (Reconstruction): 1959/2021Building Size:4,888 SF (Rentable Commercial Space)Tenancy: Multiple Tenant Building Height: 2 Stories Building FAR: 0.79Total SqFt: 4,888 Lot Size: 6,103 SqFt Frontage: 48ft on Hawthorne Blvd Units: 6Parking: 13 Spaces (2.66 Spaces Per 1,000 Sf Leased) Frontage: 48 Sf on Hawthorne Blvd Front Signage: Stand Alone Signage on Hawthorne Blvd. Hawthorne Blvd Daily Traffic: 52,000 Car count per day. Key Features: Versatile Configuration: This property features Six well-designed units, each offering an array of possible uses. With the ability to reconfigure the space, you can adapt it to your specific needs. Abundant Natural Light: Enjoy an abundance of natural light throughout the property, creating a welcoming and inspiring environment for various business ventures. Mixed Used/Work Potential: Each unit boasts two access points, front and back, ensuring convenience for both customers and occupants. Additionally, the property includes Six separate Units making it ideal for Mixed Used/workspaces. Variety of Unit Sizes: With four units over 800 SqFt each and one unit over 1,600 SqFt, you have the flexibility to accommodate businesses of different sizes and purposes. Ample Parking: 13 On-site Parking Spaces on two parking pads, front and rear gated alley access, ensuring hassle-free access for customers and tenants. Versatile Layout: The units are designed with a mix of open spaces and subdivided rooms, high ceilings, and large windows, allowing for various uses and layouts. Opportunity Awaits: Endless Possibilities: Whether you're looking to redevelop the entire property or maintain it for multiple rental incomes, this versatile space offers a wealth of opportunities. Prime Location: Situated on Hawthorne Blvd, the property is surrounded by new luxury commercial developments in a community known for its pride of ownership. Approved Uses: The property is permitted for a wide range of businesses, including but not limited to auto-related, take-out restaurants, offices, medical and dental practices, retail stores, and cultural institutions. City Verification: For a comprehensive list of approved uses, please contact the City of Torrance at torranceca.gov. Motivated Seller: The owner is open to reasonable offers, making this an ideal time to invest in your vision. Contact Information: For inquiries and to explore this incredible opportunity further, please call Amir Alkabir at +1.818.666.7776.Don't miss out on the chance to make this blank canvas your own and shape the future of this remarkable property. Schedule a visit today to fully grasp the immense potential of 24226-24228 Hawthorne Blvd, Torrance, CA!
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FeaturesGeneralHeating WallFurnace
Utilities NaturalGasAvailable
Roof Flat
Zoning TOHC-GEN
HOA 0.0
Security Features GatedCommunity
Construction Materials Asphalt
Year Built 2021
Community Features Gated
Building Name Hawthorne FIN-MED Hub
County Los Angeles
Net Operating Income 169000.0
Insurance Expense 5000.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 24228 Hawthorne Blvd Torrance CA 90505
City Torrance
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area 125 - Walteria
Lot Size Square Feet 6103.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hawthorne
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 14
Standard Status Active
Cap Rate 6.3
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ExteriorLot Features BackYard FrontYard
Total Parking 13.0
Lot Size Area 6103.0
Number of Buildings 2
Spa N
Building Area Total 4800.0
Lot Size Acres 0.1401
Lot Size Units SquareFeet
Lot Size Source Appraiser
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $18,860
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Torrance, CA
Average List Price $1,481,309
Percent of Sale Price 45%
About Torrance, CA 145,215 Population
5% Since 2002
$ 83,626 Median Income
43.39 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
9/12/2023 | $2,700,000 | | Listed Price |