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21110 Wood Ave
Torrance, CA 90503 Torrance

$6,000,000 USD

Apartments For Sale • 10,638 SF

Property Details

Property Type Apartments
Total Building Size 10,638 SF
Lot Size 0.32 AC
Building Class B
Year Built 1961
Cap Rate 4.98 %
Zoning TORR-MD

36 Transit Score

78 Walk Score

                
                    Highlights
                
                                18-Unit Apartment in Highly Desirable West Torrance Location | Large 13,787-SF Lot
                            
                                Located Approximately 1 Mile from the Pacific Ocean & Redondo Beach Pier and Close Proximity to Del Amo Fashion Center, King Harbor & Village Del Amo
                            
                                Desirable Opportunity to Add ADUs | Total of 18 Garage Spaces
                            
                                4.98% Current Cap Rate & 13.07 Current GRM | 5.86% Pro-Forma Cap Rate & 11.64 Pro-Forma GRM
                            
                                No Local Rent Control – Defaults to AB 1482 | Four Units Delivered Vacant
                            
                                Common Area Courtyard | On-Site Laundry Facility – Generates Additional Annual Income

Financial Summary (Actual)

Net Operating Income: $298,824 USD (2025)

Cap Rate:	4.98 %
Total Expenses:	$150,969 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Bohlinger - 21111 Wood Ave

Amenities

Courtyard
Laundry Facilities

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	19 min	-	11.6 mi
Long Beach (Daugherty Field)	22 min	-	14.1 mi
Bob Hope	48 min	-	35.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate

21110 Wood Ave Torrance, CA 90503 Torrance