24228 Hawthorne Boulevard
Torrance, CA, 90505 $ 2,700,000
Baths0.0 Monthly Estimate*
$ 18,860
Studio
for $2,700,000. This building was built in 2021.
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 Wall Furnace
Utilities Natural Gas Available
Roof Flat
Zoning TOHC-GEN
Security Features Gated Community
Construction Materials Asphalt
Year Built 2021
Business Type Retail
Building Name Hawthorne FIN-MED Hub
County Los Angeles
Net Operating Income 169000.0
Insurance Expense 5000.0
Property Type F
Status Active
City Torrance
MLS Area 125 - Walteria
Lot Size Square Feet 0.0
Street Name Hawthorne
Standard Status Active
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ExteriorLot Features Front Yard Back Yard
Lot Size Area 6103.0
Lot Size Acres 0.0
Land Lease Type Fee
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InteriorTotal Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Boulevard
Total Baths 0
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* Excluded FeaturesList ByAmirmohammad AlkabirListing Agent
Affordability 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 $1,472,919
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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9/12/2023 | $2,700,000 | | Listed Price |