Torrance CA 90501 Torrance Blvd And Sartori AveTorrance, CA 90501

Property Details for Torrance CA 90501 Torrance Blvd And Sartori Ave

Year built

1941

Property size (Sq ft)

3,932 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional opportunity presents a fully operational Class A bar and restaurant for sale in Torrance, CA. The property boasts 3,932 square feet of interior space, complemented by a substantial 2,500-square-foot patio, all situated on a 7,524-square-foot lot (0.17 acres). Built in 1941 and extensively renovated in 2014, the building features a seamless transition between the interior and patio areas via sleek sliding glass doors and windows. The sale includes the real estate, the profitable business, fixtures, inventory, and equipment. This single-tenancy property operates under a NNN lease and currently enjoys 100% occupancy, generating a strong NOI of $200,000 (with a pro-forma NOI of $350,000 and a pro-forma cap rate of 9.52%). The asking price is $3,675,000. The property is zoned TODC-CTR and benefits from a Type 48 liquor license, allowing operation until 2:00 AM. Located in the revitalized downtown Torrance area, this establishment is surrounded by thriving businesses and enjoys a walkable, vibrant environment. The area's high population density (approximately 144,430 people) and average household income ($94,781) contribute to the business's success. This is a rare opportunity to acquire a turnkey, high-performing business in a desirable location. The property's walkability score is 95.

Location Insight

City

Torrance

County

Los Angeles

State

California

Latitude

33.8363

Longitude

-118.317

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