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Single-Tenant Office

Medical Condo - Delivered Vacant

4305 Torrance Blvd Ste 205, Torrance, CA 90503

Listing Price: $439,000

Gross SF
818
Rentable SF
818
Price/Gross SF
$536.67
Lot Size
818.00 acres
Year Built
1964

Investment Overview

This sale consists of a condominium unit in the Torrance Medical-Dental Condominium building located at 4305 Torrance Boulevard in Torrance, California. The property is located in a desirable area of the South Bay adjacent to Providence Little Company of Mary and is suitable for owner/users and investors alike. The subject property, located at 4305 Torrance Blvd Suite 205, consists of the 818 square foot condo interest at the Torrance Medical-Dental Condominium building. The association is limited to medical and dental related professions. Within the building there is a diverse group of doctors and other medical professionals. The building has been built in a classic style with a large portion of the exterior constructed with glass. The common area on the ground floor offers tile flooring and marble walls, creating a clean and classic look. There is secured onsite ground-level parking adjacent to the building with ±160 stalls. Suite 205 is located on the second floor and is 818 square feet. The floor plan is currently configured as three patient rooms, a reception/waiting room and a staff office. There is one full restroom and one additional sink. Condo owners are permitted to modify their suites as they see fit. This unit is clean and functional however has not been renovated since the 1970’s and will likely need some renovation to bring it to its full potential. The condo association fees are currently $685/mo. The association maintains the entire premises which are outside of the individual units (the association is responsible for utilities, plumbing, etc within the walls.) Also included in the association fees are utility charges excluding internet. The association provides a unit-owner with a low-management ownership structure requiring minimal time to be spent on property operations. Located on Torrance Blvd, west of Hawthorne Blvd, the property is situated adjacent to Providence Little Company of Mary in an established medical hub comprised of numerous medical buildings and practices. The site is 2.5 miles from Torrance Memorial Hospital and 2-3 miles from the South Bay beach cities. The site offers outstanding demographics: $135,000 average household income within 2 miles, rated one of the safest cities in LA County, top rated schools and school districts. 4305 Torrance Blvd Suite 205 offers the opportunity to purchase a medical/dental condo in a desirable location. The condominium ownership structure provides an owner with minimal time requirements for operating the property. The property has attributes that provide for functionality and attractive underlying value, and is suitable for owner/users and investors alike.

Investment Highlights

  • Torrance Medical-Dental Condominium – For Sale
  • Desirable Location in The South Bay
  • Outstanding Demographics - $135,000 Avg Household Income Within 2 Miles
  • One of the Safest Cities in LA County – Top Rated Schools
  • Adjacent to Providence Little Company of Mary – 2.5 Miles from Torrance Memorial
  • Minimal-Time-Requirement Ownership Structure

Exclusively Listed By

Single-Tenant Office

Medical Condo - Delivered Vacant

Listing Price: $439,000

Gross SF
818
Rentable SF
818
Price/Gross SF
$536.67
Lot Size
818.00 acres
Year Built
1964

Investment Highlights

  • Torrance Medical-Dental Condominium – For Sale
  • Desirable Location in The South Bay
  • Outstanding Demographics - $135,000 Avg Household Income Within 2 Miles
  • One of the Safest Cities in LA County – Top Rated Schools
  • Adjacent to Providence Little Company of Mary – 2.5 Miles from Torrance Memorial
  • Minimal-Time-Requirement Ownership Structure

Investment Overview

This sale consists of a condominium unit in the Torrance Medical-Dental Condominium building located at 4305 Torrance Boulevard in Torrance, California. The property is located in a desirable area of the South Bay adjacent to Providence Little Company of Mary and is suitable for owner/users and investors alike. The subject property, located at 4305 Torrance Blvd Suite 205, consists of the 818 square foot condo interest at the Torrance Medical-Dental Condominium building. The association is limited to medical and dental related professions. Within the building there is a diverse group of doctors and other medical professionals. The building has been built in a classic style with a large portion of the exterior constructed with glass. The common area on the ground floor offers tile flooring and marble walls, creating a clean and classic look. There is secured onsite ground-level parking adjacent to the building with ±160 stalls. Suite 205 is located on the second floor and is 818 square feet. The floor plan is currently configured as three patient rooms, a reception/waiting room and a staff office. There is one full restroom and one additional sink. Condo owners are permitted to modify their suites as they see fit. This unit is clean and functional however has not been renovated since the 1970’s and will likely need some renovation to bring it to its full potential. The condo association fees are currently $685/mo. The association maintains the entire premises which are outside of the individual units (the association is responsible for utilities, plumbing, etc within the walls.) Also included in the association fees are utility charges excluding internet. The association provides a unit-owner with a low-management ownership structure requiring minimal time to be spent on property operations. Located on Torrance Blvd, west of Hawthorne Blvd, the property is situated adjacent to Providence Little Company of Mary in an established medical hub comprised of numerous medical buildings and practices. The site is 2.5 miles from Torrance Memorial Hospital and 2-3 miles from the South Bay beach cities. The site offers outstanding demographics: $135,000 average household income within 2 miles, rated one of the safest cities in LA County, top rated schools and school districts. 4305 Torrance Blvd Suite 205 offers the opportunity to purchase a medical/dental condo in a desirable location. The condominium ownership structure provides an owner with minimal time requirements for operating the property. The property has attributes that provide for functionality and attractive underlying value, and is suitable for owner/users and investors alike.

Exclusively Listed By

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