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Harbor Technology Center | Value Add Opportunity

$10,000,000

20280-20300 S Vermont, Torrance, CA 90502

Active
Last Updated: 04/06/2021

70,000

NOI

62,307 sqft

Building Size

Details:
NOI:    $70,000
Building Size:    62,307 sqft
Lot Area:    4.2 acres
Occupancy:    93%
Year Built:    1987
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
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

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Offering Memorandum
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