4305 Torrance BlvdTorrance, CA 90503

Property Details for 4305 Torrance Blvd

Year built

1964

Construction

TILT-UP CONCRETE

Lot size

1.73 AC

Property size (Sq ft)

616 SF

Zone code

TOCC-GEN

Property type

Office properties

Property subtype

Office buildings

APN

7524-009-026

APU

7524009026

Description

This meticulously renovated 818-square-foot medical office condo presents a unique investment opportunity in the heart of Torrance, California. Located at 4305 Torrance Boulevard, Unit 205, this property boasts a prime location near Little Company of Mary Hospital, providing immediate access to a robust network of healthcare professionals and patients. Situated on a 1.73-acre lot, the building offers convenient parking and easy accessibility. The unit itself is completely move-in ready, eliminating the need for extensive renovations or upgrades. Its functional design is perfectly suited for a variety of medical practices, offering a comfortable and efficient workspace for both staff and clients. The turnkey nature of this property allows for immediate occupancy and the commencement of operations, minimizing downtime and maximizing return on investment. This represents a rare opportunity to acquire a well-appointed medical office condo in a highly desirable location. Units in this building are seldom available for purchase, making this a truly exceptional offering for discerning buyers seeking a stable and profitable investment in the thriving Torrance healthcare market. The asking price is $465,000. Don't miss this chance to secure a foothold in a premier medical office setting.

• CAP approach

  CAP return

  Valuation

  6%

  $183,024

  6.5%

  $168,946

  7%

  $156,878

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,616

  Geo Method

  $148,616

• Alternative Use

  Use

  Valuation

  Residential

  $209,493

  Hospitality

  $191,894

  Educational

  $159,654

  Medical

  $165,144

  Retail

  $248,350

Location Insight

City

Torrance

County

Los Angeles

State

California

Latitude

33.8385

Longitude

-118.359

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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