22593 Western AveTorrance, CA 90501

This exceptional 4,653 square foot industrial property, situated on a 0.27-acre lot at 22593 Western Avenue Unit 1, Torrance, CA, presents a compelling investment opportunity. The building features bow truss construction and is currently utilized as a light industrial manufacturing facility. A significant advantage is the long-term tenancy, with the current business occupying the space for over 30 years and having 7 years remaining on a 10-year lease. This lease includes annual rent increases tied to the local Consumer Price Index (CPI), providing inflation protection. The property boasts a prime location on a major commercial corridor, offering convenient access to the 110, 105, and 405 freeway systems. Recent upgrades include a new roof (2023), a new electrical box, and a bathroom currently under construction. The current gross monthly rental income is $3,894, with the next CPI-adjusted increase scheduled for September 25th. This single-tenant investment is priced below market value for comparable properties in the Torrance industrial market, presenting a tremendous value-add opportunity upon lease expiration. The low cost per square foot further enhances its attractiveness. This property offers a strong combination of stable income, long-term tenancy, and significant future upside potential.