$535,000
$575,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
2,539 Sqft Lot
SOLD DATE : 07/12/2024
Key Details
Sold Price $535,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24045063
Sold Date 07/12/24
HOA Y/N No
Year Built 1942
Lot Size 2,539 Sqft
Property Description
Excellent location in Torrance's Walteria area, nestled at the foothills of Palos Verdes behind Walteria Park, and conveniently within walking distance to eateries and a Starbucks coffee shop.
This property boasts Commercial General Zoning with Hawthorne/PCH Overlay Plan, offering flexibility for a wide range of office, retail, and service businesses. The premises include three parking spaces.
Featuring a well-designed layout with two separate yet contiguous suites, each equipped with its own bathroom. The smaller rear unit features a private entrance, a walk-in shower, and a secluded patio. The larger front unit offers two spacious office areas, a copier/printer workstation with cabinets, and a galley kitchen.
Recent major capital improvements and upgrades within the past five years include a new roof, upgraded electrical system, two HVAC units, and a new concrete parking area.
Ideal for an owner-user looking to occupy the entire building or more than 51% of the front suite to qualify for SBA Financing with only a 10% down payment.
Location
State CA
County Los Angeles
Area 125 - Walteria
Zoning HC-GEN
Interior
Cooling Electric
Fireplace No
Laundry None
Exterior
Present Use Commercial
Total Parking Spaces 3
Building
Lot Description Level, Rectangular Lot, Street Level
Story 1
Water Public
Others
Tax ID 7534003002
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Teresa Workman • Teresa Workman
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