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2321 Torrance Blvd 6,175 SF 100% Leased Office Building Torrance, CA 90501 $2,400,000 ($388.66/SF) 5.62% Cap Rate

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Executive Summary

Exempt under AB2097, it is not subject to typical density and parking requirements. We are pleased to present this 6,175 sqft, two-story office building in the heart of Torrance, offering a prime opportunity for both owner-users and investors. This property qualifies for medical use, providing even more flexibility for potential tenants or owners. The property features a flexible layout with two large conference rooms, private offices, collaborative spaces, and abundant natural light from floor-to-ceiling glass panels. It includes a spacious executive office with an ensuite full bathroom, a kitchenette with a sink, built-in microwave, lounge area, and ample storage. The building also offers five shared restrooms (two on the first floor, three on the second), and the second floor is accessible via front and rear stairwells, making it ideal for subdivision into two separate units. With nine on-site parking spaces and ample street parking, plus approximately 45 feet of frontage along Torrance Blvd, this property is delivered vacant, providing immediate occupancy or leasing potential.

OM - 2321 Torrance Blvd

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Loft/Creative Space

Building Size

6,175 SF

Building Class

Year Built/Renovated

1985/2004

Price

$2,400,000

Price Per SF

$388.66

Cap Rate

5.62%

NOI

$134,880

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

3,088 SF

Slab To Slab

11’

Building FAR

1.01

Lot Size

0.14 AC

Zoning

C1, Torrance - Commercial

24 Hour Access

Security System

Reception

Air Conditioning

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Floor
3,087 SF
Office
Full Build-Out
30 Days

- Expansive two-story layout with high ceilings and exposed ducting that provide an open, modern feel. - Glass-enclosed conference rooms and a mix of private offices throughout, creating an efficient, functional space.