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23600 Telo Ave
Torrance, CA 90505 Marble Estates

$21,000,000 USD

Medical For Sale  •  39,937 SF

Property Details

• Property Type Medical
• Total Building Size 39,937 SF
• Lot Size 2.37 AC
• Building Class B
• Year Built 1984
• Cap Rate 5.94 %
• Tenancy Multiple
• Zoning M2, Torrance

32 Transit Score

45 Walk Score

Highlights

11 High Quality Physician Tenants with specialty practices occupying large suites (100% occupied)

Tight Torrance medical office leasing market with approximately 10% vacancy

Close proximity to Torrance Memorial Medical Center

Leases allow for additional income administering operating expense pass throughs

Property Flyers

23600TeloAve_OM_v03

Cap Rate:

5.94 %

Amenities

• Signage

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	22 min	-	12.2 mi
Los Angeles International	22 min	-	13.1 mi
Bob Hope	50 min	-	37.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	200
Type:	Surface
Included in Rent:	Yes