20280-20300 S Vermont, Torrance, CA
Office for Sale - $10,000,000 - 62,307 Sq. Ft. on 4.2 acres
Property Info
| CIMLS# | 961161 |
| Location 20280-20300 S Vermont Torrance CA 90502 | |
| Updated | February 13th, 2018 |
| Type | Office |
| Price | $10,000,000 |
| Building | 62,307 Sq. Ft. |
| Land | 4.2 acres |
Property Description
Value Add, 2 Fee Simple Multi Tenant Office Buildings on Separate Parcels. $700,00 2018 Budget NOI. Located Minutes from LAX, Ports of Los Angeles, Downtown LA and Orange Counties. Reliable cash flow while re-positioning to creative office environment. Abundant skilled labor pool. Surrounded by affordable housing and minutes away from executive housing on the Palos Verdes Peninsula and Beach Cities.
Location Description:
Southbay 190th Street Corridor
Highlights:
>> Excellent Value Add Opportunity
>> Below Replacement Cost
>> Below Market Rents
>> 93% Leased
>> Freeway Adjacent
>> $500,000.00 New Roof and HVAC
>> Opportunity to sell to owner users at significant price increases.
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** This property also has spaces available for lease.
