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 Sq 3,204

Monthly Estimate*

^$ 15,717

Listed by Shield CRE, Inc.

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Studio

Commercial Property for sale in Torrance, CA

for $2,250,000. This 3,204 square foot building was built in 2005 on a lot size of 0.1191.

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

Lot Size

0.1191

Year Built

2005

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

24377021

Days on Market

Features

General

Zoning TODC-CTR

HOA 0.0

Year Built 2005

County Los Angeles

Net Operating Income 112201.0

Operating Expense 48179.0

Insurance Expense 4500.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South of Torrance Boulevard West of Cabrillo Avenue North of Carson Street West of Arlington Avenue

City Torrance

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 134 - Old Torrance

Lot Size Square Feet 5189.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Post

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 1451.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 6

Lease Type NNN

Standard Status Active

Cap Rate 4.99

Exterior

Total Parking 11.0

Lot Size Area 5189.0

Number of Buildings 1

Spa N

Building Area Total 3204.0

Lot Size Acres 0.1191

Lot Size Units SquareFeet

Lot Size Source Estimated

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1321

* Excluded Features

List By

Shield Cre, Inc.

Broker

(310) 593-9861

Phone

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 ^$1,463,828

Percent of Sale Price 35%

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
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 with 3,204 sqft and a lot size of 0.1191. 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. 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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1321 Post Avenue

Commercial Property for sale in Torrance, CA

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