Harbor Technology Center | Value Add Opportunity

20280-20300 S Vermont, Torrance, CA

For Sale

Office Building

$10,000,000

Price

Overview

NOI

$70,000

Building Size

62,307 sqft

Lot Area

4.2 acres

Occupancy

93%

Year Built

1987

Offered by

Mike Cassidy

Senior Vice President

SVN | Rich Investment Partners

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Description

Value Add, 2 Fee Simple Multi Tenant Office Buildings on Separate Parcels. $700,00 2018 Budget NOI. Located Minutes from LAX, Ports of Los Angeles, Downtown LA and Orange Counties. Reliable cash flow while re-positioning to creative office environment. Abundant skilled labor pool. Surrounded by affordable housing and minutes away from executive housing on the Palos Verdes Peninsula and Beach Cities.

Southbay 190th Street Corridor

Highlights

Excellent Value Add Opportunity
Below Replacement Cost
Below Market Rents
93% Leased
Freeway Adjacent
$500,000 New Roof and HVAC
Opportunity to sell to Owner Users at Significant Price Increases

Documents

	Title
	Offering Memorandum

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