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19801 Mariner Ave 12,148 SF Vacant Office Building Torrance, CA 90503 $8,500,000 ($699.70/SF)
INVESTMENT HIGHLIGHTS
- Outstanding Owner-User Opportunity
- Offers proximity to a wide variety of shops and dining options for every style and budget
- Located in prestigious Torrance Business Park
- Rare Beach Cities/405 Adjacent User Purchase Opportunity
EXECUTIVE SUMMARY
ASSET
Beautiful two-story office/flex building located in prestigious Torrance Business Park. The property was built in 2010 and features a approximately 12,140+/- SF of main building and 1,600+/-SF of service building (not included as part of the total building size). Property will be delivered vacant, which presents an outstanding owner-user opportunity. Ground floor has been approved with an active CUP for pre-school use with possibility of expansion for the same use on the second floor. Building features central air and heating (HVAC), private restroom, elevator, executive suite on the second floor, backup generator and totally remodeled outdoor playground area, 3-year-old roof, impressive curb appeal and ample parking.
LOCATION
The property is located within prestigious Torrance Business Park and walking distance to vibrant Torrance Promenade regional mall with Marshal’s Ross, Home Goods, Walmart, Burlington, Trader Joe’s, Ashley’s Furniture, and numerous retail shops, offices, restaurants, cafes and bakeries. The asset is just North of Del Amo, and East of Hawthorne Boulevards. It is strategically located with easy access to 405 freeway, Redondo Beach, Hermosa Beach and Palos Verdes Peninsula.
- Well-maintained free-standing property with a turnkey former preschool on the ground floor and high-quality second-floor office space
- +-12,140 SF two-story building with an additional ±1,600 SF on-site structure, set on a generous ±42,300 SF parcel with abundant parking (59 spaces)
- Versatile opportunity for an owner-user, developer, or tenant; delivered vacant and zoned for preschool, office, medical, and light industrial uses
- 3 preschool playrooms, backup generator, kitchens on both levels and cubicles, conference room, and private offices on the second floor
- Prime South Bay location in Torrance, just off Hawthorne Blvd, offering proximity to the Beach Cities, Palos Verdes Peninsula, and major employment centers
? Convenient access to nearby neighborhoods, retail corridors, medical and professional services, and the I-405 Freeway
Beautiful two-story office/flex building located in prestigious Torrance Business Park. The property was built in 2010 and features a approximately 12,140+/- SF of main building and 1,600+/-SF of service building (not included as part of the total building size). Property will be delivered vacant, which presents an outstanding owner-user opportunity. Ground floor has been approved with an active CUP for pre-school use with possibility of expansion for the same use on the second floor. Building features central air and heating (HVAC), private restroom, elevator, executive suite on the second floor, backup generator and totally remodeled outdoor playground area, 3-year-old roof, impressive curb appeal and ample parking.
LOCATION
The property is located within prestigious Torrance Business Park and walking distance to vibrant Torrance Promenade regional mall with Marshal’s Ross, Home Goods, Walmart, Burlington, Trader Joe’s, Ashley’s Furniture, and numerous retail shops, offices, restaurants, cafes and bakeries. The asset is just North of Del Amo, and East of Hawthorne Boulevards. It is strategically located with easy access to 405 freeway, Redondo Beach, Hermosa Beach and Palos Verdes Peninsula.
- Well-maintained free-standing property with a turnkey former preschool on the ground floor and high-quality second-floor office space
- +-12,140 SF two-story building with an additional ±1,600 SF on-site structure, set on a generous ±42,300 SF parcel with abundant parking (59 spaces)
- Versatile opportunity for an owner-user, developer, or tenant; delivered vacant and zoned for preschool, office, medical, and light industrial uses
- 3 preschool playrooms, backup generator, kitchens on both levels and cubicles, conference room, and private offices on the second floor
- Prime South Bay location in Torrance, just off Hawthorne Blvd, offering proximity to the Beach Cities, Palos Verdes Peninsula, and major employment centers
? Convenient access to nearby neighborhoods, retail corridors, medical and professional services, and the I-405 Freeway
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
12,148 SF
Building Class
B
Year Built
2004
Price
$8,500,000
Price Per SF
$699.70
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,074 SF
Building FAR
0.29
Lot Size
0.97 AC
Zoning
TOM2*
Parking
55 Spaces (0 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Day Care
- Fenced Lot
- Central Heating
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 7352-019-067 | Improvements Assessment | $1,632,214 |
| Land Assessment | $1,466,895 | Total Assessment | $3,099,109 |
PROPERTY TAXES
Parcel Number
7352-019-067
Land Assessment
$1,466,895
Improvements Assessment
$1,632,214
Total Assessment
$3,099,109
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19801 Mariner Ave
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