3768 W 242nd St

3768 W 242nd St , Torrance, California, 90505 | 3,070 sq.f | $ 2,100,000

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About This Restaurant

Investment Highlights

RARE MEDICAL USE BUILDING WONDERFUL REDEVELOPMENT OPPORTUNITY RTI FOR APPROX. 5,000 SQ. FT. 2-STORY HOSPITAL HIGHLY MOTIVATED SELLER

Executive Summary

PRICE REDUCTION!!!HIGHLY MOTIVATED SELLER!RARE MEDICAL USE ASSET. Ready to Issue Permit for small hospital. EXCELLENT WALTERIA SECION OF TORRANCE. A FIVE UNIT OFFICE/RETAIL BUILDING. 4 UNITS VACANT. IDEAL FOR OWNER USER TO COME AND SETUP SHOP. PROPERTY IS ONE OF THE FEW THAT?S ZONED FOR MEDICAL USE. NO CUP NEEDED. (PLEASE VERIFY W/CITY FOR SPECIFIC USE)ONE BLOCK AWAY FROM PCH, THE PROPERTY IS IDEALLY LOCATED WITH GREAT VISIBILITY AND FOOT TRAFFIC.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Redevelopment Project
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant Office Medical Restaurant
  • Building Size    3,070
  • Building Class    C
  • Year Built    1962
  • Price    2,100,000
  • Price Per SF    684
  • Percent Leased    100
  • Building Height    2 Stories
  • Building FAR    0.27
  • Land Acres    0.26 AC

Nearby Amenities & Transportation

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Property Taxes

Parcel Number 7534-012-019 Improvements Assessment $744,600
Land Assessment $816,000 Total Assessment $1,560,600
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 3768 W 242nd St , Torrance, California, 90505