22593 S Western Avenue S #1 | Los Angeles | State of California | Prices, Plans, Availability

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22593 S Western Avenue S #1

USD 895,000

Property ID: SB24245307

22593 S Western Avenue S #1 ,90501

11888 SqFt

Built in 1953

USD 75/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

4653

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1953

Detailed Introduction Of This Home

Single tenant Investment - bow truss construction - light industrial - manufacturing facility - long term 30 plus years tenancy with same business - 7 yrs remaining of 10 yr lease with annual inflation fighting cost of living adjustments per local CPI - tremendous upside in value add opportunity upon lease expiration - lowest priced cost per foot in Torrance Industrial Market - recent upgrades include new roof 2023 - electrical box and bathroom (now under construction) - Prime Location on a major commercial corridor with close proximity to the 110, 105 and 405 freeway system - This is a fantastic opportunity to purchase a single tenant investment priced below market values for similar properties. Gross monthly rental is $3,894 (next CPI annual increase - 9/25).

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