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1218 El Prado Avenue, Torrance, CA

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1218 El Prado Avenue

Torrance, CA 90501 - Torrance Submarket

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1921
Building Size:20,800 SF Land Area:.24 AC (10,424 SF)
For Sale Price:$4,950,000 Price/SF:$237.98
Cap Rate:4.01 %

Location Corner: NE

Property Description: Storefront Retail/Office

Sale Notes:
KW Commercial is proud to offer a Mixed Use Investment Property; a newly renovated, Prided of Ownership 27-unit building in the Down Town Torrance neighborhood of Los Angeles. This offering presents a tremendous opportunity for either an owner-user or for a first-time investor to break into the multi-tenant Investment market due to the low maintenance costs of a newly renovated & turn key building.
The property consists of one building situated on a manageable 20,800 SF lot. It has great curb appeal and is perfect for the small businesses due to its attractive middle main street appeal. Each unit is separately metered for gas and electricity. Amenities also include security gated entry with individual alarms in certain units, fire sprinklers, zero landscaping requirements, and award winning art work throughout the common area interiors for residents and their guests to enjoy.

Keller Williams Realty Mid Wilshire
Shawn Park
(323) 762-2539

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