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3015 Artesia Blvd
Torrance, CA 90504
Retail Property For Sale
Investment Highlights
- 3015 Artesia Boulevard presents a rare opportunity to acquire a vacant storefront asset with multi-tenant capabilities offering immediate upside.
- trong market fundamentals depict a Gross Lease asking rent of $1.50-1.75 per square foot, which will yield a gross monthly rent of $6,300 – 7,350.
- Positioned within the Los Angeles MSA, Torrance is a premier suburb for retail investment bolstered by an affluent residential population.
- Location provides unrivaled visibility to over 46,000 vehicles traveling through the high-profile intersection of Artesia and Crenshaw Boulevard.
- Situated along a primary corridor in Torrance, the property is just a four-minute drive to the 405 Freeway and seven minutes to the 110 Freeway.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,050 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.18 AC
Zoning
C-2 - The C-2 General Commercial Zone is intended to permit a wide range of retail and commercial services, professional offices, and medical facilities.
Parking
8 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
75’ on Artesia Boulevard
Property Taxes
| Parcel Number | 4093-032-017 | Improvements Assessment | $510,000 |
| Land Assessment | $612,000 | Total Assessment | $1,122,000 |
Property Taxes
Parcel Number
4093-032-017
Land Assessment
$612,000
Improvements Assessment
$510,000
Total Assessment
$1,122,000
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