The median home value in Torrance, CA is $975,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Torrance, CA is $975,000.
Approximately 54% of Torrance homes are owned,
compared to 41% rented, while
5% are vacant.
Torrance real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Torrance real estate agent to arrange a tour today! Learn more about Torrance.
A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from residential property. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Notably, more than 51% of the property will be delivered vacant, making it SBA FINANCING ELIGIBLE. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County. Property features include recent upgrades such as a newer roof, HVAC system, updated restrooms, and flooring, ensuring low maintenance and appealing amenities for tenants. The tenant mix benefits from being part of the Vista Plaza Shopping Center, anchored by popular retailers like Sprouts Farmers Market and H-Mart, ensuring steady foot traffic and business synergy. SBA FINANCING option enhance accessibility for qualified buyers looking to establish a foothold in Southern California's commercial real estate market. The unparalleled visibility, convenience, and growth potential in one of Southern California's most coveted locations make it an attractive opportunity for both investors and owner-users looking to capitalize on Torrance's thriving commercial landscape. Come explore the potential of owning a prime commercial asset in this highly sought-after area.
Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking
Great Medical Office Condo in the Torrance Medical and Dental Condominiums Building. Each office is Independently Owned and Operated. The Location is Prime, Close to the Little Company of Mary Hospital. Ideal for Medical, Dental, and Allied Health Businesses including Chiropractic and Acupuncture. And all Utilities & Janitorial Costs are Covered by the HOA. Located just 1.5 miles from Pacific Coast Highway and Less than 2 miles from the Beach!Walking distance to Providence Little Company of Mary Hospital. In close proximity of Del Amo Fashion Center, Nordstrom, Target, and CVS Pharmacy. Don't Miss this Highly Desirable Sunny Corner Unit over looking the Palos Verdes Foothills!
Premiere Commercial Property on 24226-24228 Hawthorne Blvd, Torrance, CA Welcome to an exceptional investment opportunity in the coveted Walteria neighborhood of Torrance! Presenting 24226-24228 Hawthorne Blvd, a remarkable commercial property that offers an array of possibilities for investors and entrepreneurs. With its prime location, spacious layout, and diverse potential uses, this property is a hidden gem waiting for the right visionary to unlock its full potential. Property Overview: Address: 24226-24228 Hawthorne Blvd, Torrance, CA 90505Property Type: Retail/Storefront Retail/Office Year Built/Renovated (Reconstruction): 1959/2021Building Size:4,888 SF (Rentable Commercial Space)Tenancy: Multiple Tenant Building Height: 2 Stories Building FAR: 0.79Total SqFt: 4,888 Lot Size: 6,103 SqFt Frontage: 48ft on Hawthorne Blvd Units: 6Parking: 13 Spaces (2.66 Spaces Per 1,000 Sf Leased) Frontage: 48 Sf on Hawthorne Blvd Front Signage: Stand Alone Signage on Hawthorne Blvd. Hawthorne Blvd Daily Traffic: 52,000 Car count per day. Key Features: Versatile Configuration: This property features Six well-designed units, each offering an array of possible uses. With the ability to reconfigure the space, you can adapt it to your specific needs. Abundant Natural Light: Enjoy an abundance of natural light throughout the property, creating a welcoming and inspiring environment for various business ventures. Mixed Used/Work Potential: Each unit boasts two access points, front and back, ensuring convenience for both customers and occupants. Additionally, the property includes Six separate Units making it ideal for Mixed Used/workspaces. Variety of Unit Sizes: With four units over 800 SqFt each and one unit over 1,600 SqFt, you have the flexibility to accommodate businesses of different sizes and purposes. Ample Parking: 13 On-site Parking Spaces on two parking pads, front and rear gated alley access, ensuring hassle-free access for customers and tenants. Versatile Layout: The units are designed with a mix of open spaces and subdivided rooms, high ceilings, and large windows, allowing for various uses and layouts. Opportunity Awaits: Endless Possibilities: Whether you're looking to redevelop the entire property or maintain it for multiple rental incomes, this versatile space offers a wealth of opportunities. Prime Location: Situated on Hawthorne Blvd, the property is surrounded by new luxury commercial developments in a community known for its pride of ownership. Approved Uses: The property is permitted for a wide range of businesses, including but not limited to auto-related, take-out restaurants, offices, medical and dental practices, retail stores, and cultural institutions. City Verification: For a comprehensive list of approved uses, please contact the City of Torrance at torranceca.gov. Motivated Seller: The owner is open to reasonable offers, making this an ideal time to invest in your vision. Contact Information: For inquiries and to explore this incredible opportunity further, please call Amir Alkabir at +1.818.666.7776.Don't miss out on the chance to make this blank canvas your own and shape the future of this remarkable property. Schedule a visit today to fully grasp the immense potential of 24226-24228 Hawthorne Blvd, Torrance, CA!
