1321 Post Avenue Torrance, CA ^$ 2,250,000

1321 Post Avenue

^$ 2,250,000

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1321 Post Avenue

Torrance, CA, 90501

^$ 2,250,000

Studio Baths0.0

Monthly Estimate*

^$ 15,717

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Studio

Commercial Property for sale in Torrance, CA

for $2,250,000. This building was built in 2005.

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

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

2005

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

0024377021

Features

General

Zoning TODC-CTR

Year Built 2005

Business Type Retail

County Los Angeles

Net Operating Income 112201.0

Operating Expense 48179.0

Insurance Expense 4500.0

Property Type F

Status Active

City Torrance

MLS Area 134 - Old Torrance

Lot Size Square Feet 0.0

Street Name Post

Trash Expense 1451.0

Standard Status Active

Exterior

Lot Size Area 5189.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 3

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Gianluca Jacoli

Listing Agent

Shield Cre, Inc.

Broker

Affordability Calculator

$15,717

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$1,481,309

Percent of Sale Price 34%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2024	$2,250,000		Listed Price

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1321 Post Avenue, Torrance, CA, 90501 is a Commercial Property for sale at $2,250,000. 1321 Post Avenue is a studio with 0.0 baths and was built in 2005. 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/12/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1321 Post Avenue

Commercial Property for sale in Torrance, CA

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