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
Retail | Orangetheory Fitness | ||
Retail | Panda Express | ||
Retail | Starbucks | ||
Retail | Kinecta Federal Credit Union | ||
Retail | Black Bear Diner | ||
Retail | My Gym | ||
Retail | Bank of America | ||
Retail | F45 Training | ||
Retail | East West Bank | ||
Retail | The Coffee Bean and Tea Leaf |
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 |