20911 Earl StTorrance, CA 90503

Property Details for 20911 Earl St

Year built

1990

Construction

STEEL FRAME

Lot size

1.85 AC

Property size (Sq ft)

63,039 SF

Zone code

TOMC-GEN

Property type

Healthcare properties

Property subtype

Medical offices

APN

7524-017-089

APU

7524017089

Description

This exceptional medical office space, located at 20911 Earl Street in Torrance, California, presents a unique leasing opportunity. The Kenneth E. Watts Medical Plaza offers a total of 3,788 square feet within a single-suite building in Los Angeles County. Currently, 1,933 square feet of contiguous space is available for lease, representing the entire vacant portion of the building. The minimum leasable space is 1,135 square feet, providing flexibility for various medical practices. The property is conveniently situated in the 90503 zip code of Torrance, offering easy access for patients and staff. Ample free parking is available on-site, ensuring convenient parking for both tenants and their clients. The building is classified as a medical office building, making it ideally suited for healthcare professionals seeking a well-located and functional workspace. This is a single-suite building, offering a unique opportunity for a single tenant to occupy the entire available space. The property is ready for immediate occupancy. Interested parties should inquire promptly to secure this desirable medical office space.

• CAP approach

  CAP return

  Valuation

  6%

  $18,729,996

  6.5%

  $17,289,228

  7%

  $16,054,283

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,208,789

  Geo Method

  $15,208,789

• Alternative Use

  Use

  Valuation

  Residential

  $21,438,642

  Hospitality

  $19,637,680

  Educational

  $16,338,320

  Medical

  $16,900,220

  Retail

  $25,415,164

Location Insight

City

Torrance

County

Los Angeles

State

California

Latitude

33.8404

Longitude

-118.359

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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