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1321 Post Avenue

Torrance, 90501

0 Bd
0 Ba
5,189 Lot
$2,250,000 Current Price
Active Status
25 Days on Market
Apr 5 First Day Active
$2,250,000 Start Price

Description

Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking

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Property Details for 1321 Post Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Gianluca Jacoli
Listing Brokered By
Shield CRE, Inc.
Type
Commercial Sale
Year Built
2005
MLS Area
134 - Old Torrance

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
25 DOM
Combined DOM*
25
First Date Active
April 5th, 2024
Current Price
$2,250,000
Orig. List Price
$2,250,000
MLS® #
24377021
APN
7355026040
Special
Standard

Exterior Information

Lot Size (sq. ft.)
5,189
Lot Size (acres)
0.12
Parking Spaces
11

Additional Information

Zoning
TODC-CTR
Buyer's Brokerage Fee
2.500
Co-Agent
Jonathan Nikfarjam
Co-Agent Office
Shield CRE, Inc.

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
134 - Old Torrance
City/State
Torrance
Zip Code
90501
County
Los Angeles
# of Units
4
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Listing/Price History

1321 Post Avenue, Torrance, (MLS® #24377021)

Date Details Price Change
First Day Active $2,250,000
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Listing Summary

Quick Summary of 1321 Post Avenue: This home in Torrance is priced at $2,250,000 . The residence was originally built in 2005 and was listed on April 5th, 2024 at $2,250,000, showing 25 Days on Market currently. Contact Dave Fratello today for more information or to go see 1321 Post Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 9:55am PDT. 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, 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.