1415 Border AveTorrance, CA 90501

  • Land
  • 0.11 AC
For Lease
$18/SF/YR View listing

Property Details for 1415 Border Ave

Lot size
0.11 AC
Zone code
TODC-CTR
Property type
Land
Property subtype
Commercial land
APN
7355-029-013
APU
7355029013

Description

This exceptional single-tenant industrial property, located at 1415 Border Ave in Downtown Torrance, offers 1,598 square feet of versatile warehouse space within a 12,200 square foot lot. Built in 1949, the one-story metal building features a private alley entrance and ample parking for 30+ vehicles. The property includes existing water and electricity connections, and a paint booth. Its adaptable design makes it suitable for a variety of uses, from workshops and studios to storage facilities. The expansive lot provides significant potential for expansion or outdoor storage. The property benefits from solar power and is conveniently located in the heart of Downtown Torrance, offering easy access to amenities and transportation. The property's APN is 7355-029-012. This is a rare opportunity to acquire a well-situated industrial space with significant potential in a thriving submarket. The property is currently vacant and ready for immediate occupancy. The building's metal structure ensures durability and low maintenance. The substantial lot size offers flexibility for future development or expansion. This property presents a unique chance to establish a business or expand existing operations in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,718,292
    Hospitality
    $1,573,946
    Educational
    $1,309,505
    Medical
    $1,354,541
    Retail
    $2,037,008
1415 Border Ave, Torrance, California

Location Insight

City
Torrance
County
Los Angeles
State
California
Latitude
33.8339
Longitude
-118.314
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
$5,237
$459,000
-
$459,000
-
-
-
-

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