2008 W Carson St - Medical FOR SALE


Torrance, CA 90501- Olde Torrance Neighborhood
$2,699,999 USD
310-941-8199
2008 W Carson St, Torrance, CA for Sale
$2,699,999 USD
Medical - FOR SALE
1/27
null | 4.72% Cap Rate

NEW


2008 W Carson St
Torrance, CA 90501
Olde Torrance Neighborhood


HIGHLIGHTS

  • Heavy Daytime Traffic
  • Connected Parking Lot
  • Low Historical Vacancy
  • Two Story Office Building

OVERVIEW

Thompson Team Real Estate is proud to exclusively offer this well positioned property in the heart of Old Town Torrance, this exceptional two-story office building offers a rare opportunity to acquire a highly stabilized asset in one of the South Bay’s most desirable business corridors. Situated on a prominent corner lot with over 30,000 vehicles passing daily, the property benefits from outstanding visibility and accessibility for both tenants and clientele. The building spans approximately 6,988 square feet on a generous 17,860 square foot lot and is currently 95% occupied by a strong roster of long-term tenants, providing immediate and reliable income. With a potential configuration of up to 22 units, the property offers flexibility for future leasing strategies while maintaining historically low vacancy and minimal tenant turnover. Meticulously maintained, the asset reflects pride of ownership throughout. Recent capital improvements include a freshly resurfaced parking lot, exterior repainting, and a well-maintained roof with no known leaks, contributing to its low-maintenance profile. Ample on-site parking ensures convenience for both tenants and visitors—an increasingly valuable amenity in this high-demand area. In addition to its in-place income, the property presents compelling long-term upside. Located adjacent to a newly constructed apartment development, the site may offer future redevelopment potential for a higher-density residential project (buyer to verify), making it attractive for investors seeking both cash flow and value-add or development opportunities. Surrounded by a vibrant mix of retail, dining, and professional services, and anchored in the charm and walkability of Old Town Torrance, this is a rare chance to secure a premier investment property in a supply-constrained market. ALL INFORMATION TO BE VERIFIED BY BUYER OR BUYERS AGENT

FOR SALE DETAILS

PRICE

$2,699,999 USD

PRICE/SF

$386 USD /SF

CAP RATE

4.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Palm View Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C1, Torrance

APN/PARCEL ID

7357-001-004,7357-001-005

ASK ABOUT THIS PROPERTY

Darryll HamiltonDarryll HamiltonMore Info
310-941-8199

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Darryll HamiltonDarryll HamiltonMore Info
310-941-8199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.