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4208 Pacific Coast Highway

Torrance, 90505

0 Bd
0 Ba
11,690 Lot
$2,100,000 Current Price
Active Status
17 Days on Market
May 2 First Day Active
$2,100,000 Start Price

Description

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.

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Property Details for 4208 Pacific Coast Highway

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Soon "junji" Choi
Listing Brokered By
Great Castle Properties
Type
Commercial Sale
Year Built
1972
MLS Area
128 - Hollywood Riviera

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
17 DOM
Combined DOM*
17
First Date Active
May 2nd, 2024
Current Price
$2,100,000
Orig. List Price
$2,100,000
MLS® #
24385443
APN
7532008015
Special
Standard

Home Interior Information

Heating
Central

Exterior Information

Lot Size (sq. ft.)
11,690
Lot Size (acres)
0.27

Additional Information

Zoning
TOCC-GEN
Buyer's Brokerage Fee
2.500
Co-Agent
William Chiang
Co-Agent Office
Great Castle Properties

* 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
128 - Hollywood Riviera
City/State
Torrance
Zip Code
90505
County
Los Angeles
# of Units
4
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Listing/Price History

4208 Pacific Coast Highway, Torrance, (MLS® #24385443)

Date Details Price Change
First Day Active $2,100,000
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Listing Summary

Quick Summary of 4208 Pacific Coast Highway: This home in Torrance is priced at $2,100,000 . The residence was originally built in 1972 and was listed on May 2nd, 2024 at $2,100,000, showing 17 Days on Market currently. Contact Dave Fratello today for more information or to go see 4208 Pacific Coast Highway.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 10:45am 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.