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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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