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- LoopNet Team
1321 Sartori Ave
Torrance, CA 90501
Old Town Torrance Value Added Opportunity · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Storage Space
ABOUT 1321 SARTORI AVE , TORRANCE, CA 90501
* Price reduced! Seller motivated! * Ideal for owner/user or investor! * $132,000 current annual income * 4,500 SF ground floor restaurant and bar leased at $9,000/mo. for 10 years * 42% of the building is vacant * Heart of Old Town Torrance * 3-story building built in 1923/1950 * 4,500 SF 2nd floor office and banquet room vacant * 1,800 SF 3rd floor 2-bedroom/2-bath penthouse loft leased for one year at $2,000 per month * Existing parking agreement in place with City of Torrance for 21 dedicated subterranean spaces * City is committed to revitalizing Old Town Torrance as a place to live/work and a shopping/dining/amusement destination * Friendly small town atmosphere Just west of Marcelina Ave. Close to Cabrillo Ave and Torrance Blvd.
PROPERTY TAXES
| Parcel Number | 7355-025-007 | Improvements Assessment | $1,196,460 |
| Land Assessment | $1,456,560 | Total Assessment | $2,653,020 |
PROPERTY TAXES
