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Mixed-Use

2217 Border Ave

2217 Border Ave, Torrance, CA 90501

Listing Price: $1,160,000

Number of Units
2
Occupancy
1.0%
Price/Unit
$580,000
Price/Gross SF
$287.70
Gross SF
4,032

Investment Overview

Marcus & Millichap REIS is pleased to present 2217 Border Avenue, Torrance, CA located on the west side of Border Avenue between Plaza del Amo and W 222nd Street in an industrial pocket of the Old Torrance neighborhood of Torrance, CA. The property consists of a 2-story wood frame commercial building built in 1958. The approximately 4,032 sq. ft. building includes a ground floor of approximately 2,837 sq. ft previously used for a light industrial manufacturing business. The second level is an existing three (3) bedroom and two (2) bedroom apartment unit containing approximately 1,195 sq. ft.
The entire parcel totals approximately 6,901 sq. ft. of land area with a fenced yard area. The property is zoned: TOMR-OF. The property has deferred maintenance throughout and will be sold in its “As-Is”; “Where-Is” condition. Buyer to independently verify the condition of the property, building and zoning conditions. The property is centrally located in the City of Torrance between the Interstate (110) Freeway to the east and Hawthorne Boulevard to the west. Also located within a five (5) mile radius is the Del Amo Fashion Center and many other shopping, entertainment and dining venues along Hawthorne Blvd, the Torrance Memorial Medical Center, the Torrance Civic Center and the Harbor UCLA Medical Center.

Investment Highlights

  • Excellent Owner/User Light Industrial/Office/ Residential Opportunity
  • Ground Level: Currently Configured Offices, Reception and Workshop Area, including 3 enclosed garages. +/- 2,837 sq. ft.
  • Second Level: Three (3) Bedroom and Two (2) Bathroom Owners Residence. +/- 1,195 sq. ft.
  • Street to Alley Drive-Thru Access
  • Potential to Re-Position and as a Multi-Family Residential Property
  • Old Town Torrance Neighborhood
  • Nearby and easy access to Public Transportation and Interstate Freeways
  • Five (5) mile 2023 Estimated Average Household Income: $129,300 and 2028 Projected Population: 553,747

Exclusively Listed By

Mixed-Use

2217 Border Ave

Listing Price: $1,160,000

Number of Units
2
Occupancy
1.0%
Price/Unit
$580,000
Price/Gross SF
$287.70
Gross SF
4,032

Investment Highlights

  • Excellent Owner/User Light Industrial/Office/ Residential Opportunity
  • Ground Level: Currently Configured Offices, Reception and Workshop Area, including 3 enclosed garages. +/- 2,837 sq. ft.
  • Second Level: Three (3) Bedroom and Two (2) Bathroom Owners Residence. +/- 1,195 sq. ft.
  • Street to Alley Drive-Thru Access
  • Potential to Re-Position and as a Multi-Family Residential Property
  • Old Town Torrance Neighborhood
  • Nearby and easy access to Public Transportation and Interstate Freeways
  • Five (5) mile 2023 Estimated Average Household Income: $129,300 and 2028 Projected Population: 553,747

Investment Overview

Marcus & Millichap REIS is pleased to present 2217 Border Avenue, Torrance, CA located on the west side of Border Avenue between Plaza del Amo and W 222nd Street in an industrial pocket of the Old Torrance neighborhood of Torrance, CA. The property consists of a 2-story wood frame commercial building built in 1958. The approximately 4,032 sq. ft. building includes a ground floor of approximately 2,837 sq. ft previously used for a light industrial manufacturing business. The second level is an existing three (3) bedroom and two (2) bedroom apartment unit containing approximately 1,195 sq. ft. The entire parcel totals approximately 6,901 sq. ft. of land area with a fenced yard area. The property is zoned: TOMR-OF. The property has deferred maintenance throughout and will be sold in its “As-Is”; “Where-Is” condition. Buyer to independently verify the condition of the property, building and zoning conditions. The property is centrally located in the City of Torrance between the Interstate (110) Freeway to the east and Hawthorne Boulevard to the west. Also located within a five (5) mile radius is the Del Amo Fashion Center and many other shopping, entertainment and dining venues along Hawthorne Blvd, the Torrance Memorial Medical Center, the Torrance Civic Center and the Harbor UCLA Medical Center.

Exclusively Listed By

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