2421 205Th StTorrance, CA 90501

  • Office properties
  • 113,957 SF
For Lease

Property Details for 2421 205Th St

Year built
1985
Lot size
6.54 AC
Property size (Sq ft)
113,957 SF
Zone code
TOMI-BP
Property type
Office properties
Property subtype
Office buildings
APN
7352-018-067
APU
7352018067

Description

This exceptional Torrance Business Park offers 147,220 square feet of office and industrial space, ideally situated in Los Angeles County's thriving Torrance submarket at 2421 West 205th Street, zip code 90501. The property comprises seven suites within five two-story buildings, nestled on a beautifully landscaped 8.2-acre site featuring tree-lined walkways. Currently, 15,813 square feet of space is available for lease, with individual suites ranging from 657 to 3,560 square feet, catering to diverse business needs. The park's location in the respected Torrance area provides excellent access to major transportation arteries and a wealth of amenities. While the property currently lists zero parking spaces, further details regarding parking solutions can be provided upon request. This multi-tenant office building presents a unique opportunity for businesses seeking a prestigious and well-maintained workspace in a highly desirable location. The property's attractive features and strategic location make it an ideal investment for businesses of all sizes. Interested parties are encouraged to inquire for further details and scheduling a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $36,221,008
    6.5%
    $33,434,776
    7%
    $31,046,578
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,493,266
    Geo Method
    $27,493,266
  • Alternative Use

    Use
    Valuation
    Residential
    $41,459,120
    Hospitality
    $37,976,332
    Educational
    $31,595,862
    Medical
    $32,682,494
    Retail
    $49,149,120
2421 205Th St, Torrance, California

Location Insight

City
Torrance
County
Los Angeles
State
California
Latitude
33.8459
Longitude
-118.328
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$288,815
$10,200,000
$13,676,160
$23,876,160
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FAQs

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