23811-31 Hawthorne Blvd, Torrance, CA 90505

Location

• Walk Score ® Very Walkable (80)
• Transit Score ® Some Transit (38)
• Bike Score ® Bikeable (61)

Points of Interest

Highlights

• Incredible South Bay Location - Located in the highly desirable South Torrance area, in the city of Torrance, adjacent to Palos Verdes, and Redondo Beach cities and surrounded my high-end homes, offices, retail establishments and two major hospitals.
• Long History of Ownership - The asset has been owned by the same entity for over 30 years. Presenting a new to market opportunity unseen by local investors that will garner tremendous attention.
• Significant Rental Upside - Market rental comps show significant upside in rents & possibility of mixed use development if purchased together with 23805 Hawthorne property.
• Well Maintained Asset with Opportunity to Renovate - The property is in good condition with numerous capital improvements throughout the years yet is primed for a modern renovation to bring units to market rent.
• Spacious 49,789 Square Foot Lot (200’ X 249.9’), 15,440 SF building and 77 parking spaces with great signage and visibility on Hawthorne Boulevard.
• Access to Amenities - Walk Score of 81- Located few buildings North of Pacific Coast Highway and Hawthorne Boulevard signalized intersection in Torrance.
• Walking/biking distance to parks, restaurants, offices, retail, etc. minutes to famous Del Amo Fashion Regional Center.
• Unlimited amenities, and three miles to Torrance Beach.
• Could be purchased separately or together with 23805 Hawthorne Boulevard, Torrance with opportunity to develop as mixed-use project.