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3015 Artesia Blvd
Torrance, CA 90504 Gardena

Price Upon Request

Storefront Retail Office For Sale  •  5,050 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 5,050 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1950
  • Tenancy Multiple
  • Zoning C-2
50 Transit Score
60 Walk Score

Highlights

3015 Artesia Boulevard presents a rare opportunity to acquire a vacant storefront asset with multi-tenant capabilities offering immediate upside.
Location provides unrivaled visibility to over 46,000 vehicles traveling through the high-profile intersection of Artesia and Crenshaw Boulevard.
trong market fundamentals depict a Gross Lease asking rent of $1.50-1.75 per square foot, which will yield a gross monthly rent of $6,300 – 7,350.
Situated along a primary corridor in Torrance, the property is just a four-minute drive to the 405 Freeway and seven minutes to the 110 Freeway.
Positioned within the Los Angeles MSA, Torrance is a premier suburb for retail investment bolstered by an affluent residential population.

Financial Summary (Proforma)

Net Operating Income: $53,028 USD (2024)
Total Expenses: $21,060 USD

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 9.2 mi
Long Beach (Daugherty Field) 17 min - 11.9 mi
Bob Hope 42 min - 31.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes