1321 Post Avenue, Torrance CA, 90501

Active

1321 Post Avenue

Torrance CA, 90501

$2,250,000

$702.25 per sqft

Active

3,204 sqft

Commercial

Built in 2005

Listed by Gianluca Jacoli with Shield CRE, Inc. 310-593-9869

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

24377021

MLSⓇ ID

April 5, 2024

Listed

May 9, 2024

Updated

Map

1321 Post Avenue
Torrance CA, 90501

Interior Features

Total Stories: 3
Fireplace: No
Cooling: Yes
Heating: Yes

Exterior/Building Features

Lot Size: 0.12 Acres

Other Property Details

Area Name: 134 - Old Torrance
Days on Market: 6
Garage: No
Parking Total: 11
View: No
County: Los Angeles
Pool: No
Zoning: TODC-CTR
Buyer Agency Compensation: 2.5%

Listing Contact: 310-593-9869

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 5/9/2024 at 1:36 PM UTC