Active
4208 Pacific Coast Highway
Torrance CA, 90505
$1,995,000
$615.74 per sqft
Active
3,240 sqft
Commercial
Built in 1972
Listed by Soon "Junji" Choi with Great Castle Properties 310-308-4958
A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from residential property. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Notably, more than 51% of the property will be delivered vacant, making it SBA FINANCING ELIGIBLE. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County. Property features include recent upgrades such as a newer roof, HVAC system, updated restrooms, and flooring, ensuring low maintenance and appealing amenities for tenants. The tenant mix benefits from being part of the Vista Plaza Shopping Center, anchored by popular retailers like Sprouts Farmers Market and H-Mart, ensuring steady foot traffic and business synergy. SBA FINANCING option enhance accessibility for qualified buyers looking to establish a foothold in Southern California's commercial real estate market. The unparalleled visibility, convenience, and growth potential in one of Southern California's most coveted locations make it an attractive opportunity for both investors and owner-users looking to capitalize on Torrance's thriving commercial landscape. Come explore the potential of owning a prime commercial asset in this highly sought-after area.
24385443
MLSⓇ ID
May 2, 2024
Listed
October 1, 2024
Updated
Map
4208 Pacific Coast Highway
Torrance CA, 90505
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.27 Acres
Other Property Details
Area Name
128 - Hollywood Riviera
Days on Market
103
Garage
No
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
TOCC-GEN
Listing History
Date | Event | Price |
---|---|---|
7/3/2024 | Price change | $1,995,000 -5% |
Listing Contact: 310-866-7133
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/1/2024 at 10:10 PM UTC