Offered for Sale is this great retail property facing the major intersection of Artesia and Crenshaw Boulevard in the heart of the business district in the City of Torrance. Site consists of 4 retail spaces consisting of 3015, 3017, 3019, and 3021 Artesia Boulevard with 8 fully gated parking spaces accessible via alley. Property was previously used as an owner-user and 3 of the 4 retail units have access to each unit within the spaces. Property measures 5,530SF ; however, some of the SF has been added on by previous owners without necessary permits (see attached floorpan indicating the addition). Great opportunity for an investor with a potential of 5.76% CAP or owner user. The property is vacant and proforma analysis is provided for reference only.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/28/2022 10:05:44 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.