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21110 Wood Ave
Torrance, CA 90503 Torrance

$5,395,000 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 C
Year Built 1961
Cap Rate 5.68 %
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
                            
                                5.68% Current Cap Rate & 11.76 Current GRM | 6.65% Pro-Forma Cap Rate & 10.47 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: $306,386 USD (2025)

Cap Rate:	5.68 %
Total Expenses:	$143,407 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	20 min	-	11.1 mi
Long Beach (Daugherty Field)	23 min	-	14.1 mi
Bob Hope	51 min	-	35.4 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