• South Bay Village
  • South Bay Village
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South Bay Village

Off-Market

19340 Hawthorne Blvd, Torrance, CA 90503

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Power Center
  • Property Size 99,172 SF
  • Lot Size 8.45 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1971

Location

  • City Torrance, CA
  • Neighborhood Central Business District
  • Zip Code 90503
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 31 Dec, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Torrance

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Torrance Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $34.47
  • 2020 Office Vacancy Rate 14.21%
  • 2020 Office Completions (SF)
View more Torrance market trends

Tax

  • Property Tax in 2021-2022 $241,287
  • Market Value* $21,533,853
  • Assessed Value $21,533,853

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of South Bay Village?

South Bay Village totals 99,172 square feet.

When was this property built?

South Bay Village was built in 1971.

When was South Bay Village last sold?

South Bay Village was last sold on 31 Dec, 2020.

What is the property tax for South Bay Village?

The property tax for South Bay Village in 2021-2022 was $241,287.

What is the market value for South Bay Village?

The market value* for South Bay Village in 2021-2022 was $21,533,853.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.