For Sale
Torrance, CA
Commercial Real Estate Market Trends & Data
$593
Avg asking sale price
$33
Avg asking lease rate
7,863 SF
Avg unit lease size
12,616 SF
Avg building size for sale
5.10%
Average cap rate
Torrance's Demographic Profile
Torrance has 54,322 households and a median income of $105,589, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 142,040 |
| # Households | 54,322 |
| Median age | 44 |
| Median household income | $105,589 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 25,148 |
| 5-year population change | -3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Torrance, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Torrance | $636 | 15,605 SF | 6.48% |
| Lomita | $365 | 8,206 SF | 6.43% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Torrance | $419 | 13,975 SF | 7.36% |
| Lomita | $367 | 4,700 SF | 7.36% |
| Lawndale | $382 | 9,619 SF | 5.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Torrance | $675 | 9,193 SF |
| Redondo Beach | $909 | 5,410 SF |
| Lomita | $928 | 11,214 SF |
| Lawndale | $681 | 7,657 SF |
| Hermosa Beach | $1,199 | 4,482 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Torrance | $551 | 8,795 SF | 6.76% |
| Redondo Beach | $983 | 7,975 SF | 7.85% |
| Lomita | $1,349 | 9,693 SF | 5.09% |
| Harbor City | $519 | 12,622 SF | 6.26% |
| Lawndale | $455 | 8,438 SF | 7.85% |
Commercial Properties For Sale in Torrance
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Torrance pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Torrance | $593 | 12,616 SF |
| Redondo Beach | $785 | 6,389 SF |
| Lomita | $841 | 8,481 SF |
Regional Demographic Comparison
This comparison places Torrance alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Torrance or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Torrance | 142,040 | 54,322 | 44 | $105,589 | 3 | 25,148 | -3% |
| Redondo Beach | 71,664 | 29,321 | 43 | $129,721 | 2 | 14,319 | -2% |
| Lomita | 20,674 | 8,112 | 43 | $89,924 | 3 | 4,504 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Torrance, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Torrance
View All Commercial Real Estate For Sale in Torrance
Is Torrance a good market for a first-time commercial real estate investor?
Torrance offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Torrance?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Torrance. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Torrance?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Torrance. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Torrance compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Torrance. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Torrance acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Torrance, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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