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1622 Gramercy Avenue, Torrance, CA 90501

Commercial property · 3 recorded sales since 2021

1622 Gramercy Avenue, Torrance, CA 90501 Sold December 2022 CRMLS
$1,325,000Sold December 2022

Listing Agent: Dean Thomas (DRE #00711417) · Listing Office: E Real Estate Corp. · Contact: 310-372-1150 · Bought with: Dean Thomas · E Real Estate Corp. · MLS #SB22201359 · Source: CRMLS

2,590
Building Sq Ft
8
Units
11,069 sqft
Lot Size
2010
Year Built
Commercial property
Type

About this commercial property

Excellent commercial location in downtown Torrance. At corner of Gramercy and Cravens. This commercial space is meticulously designed, extremely open and is in turnkey condition. There are 5 entry doors to this commercial space. The total square footage for this office is approximately 2590 square feet. The property is located in the center of downtown Torrance near entertainment, restaurants and 3 blocks to Torrance High. This location is near the 405/110 freeways and less than 5 miles to the ocean. Uniquely, this property is in a mixed-use commercial/townhome development. The owner can also purchase one of the completely remodeled 3 bedroom, 2.5 bath townhomes that are adjacent to this property. This is a very rare opportunity for an investor to have a true work/live environment. Sign rights - the building is 36 feet high; this property retains the signage rights so long as approved by city code with reasonable approval by the HOA. The sign rights to this building yield a high inherent value to this property. This is a one of kind opportunity in the City of Torrance.

Listing description from the December 2022 sale, as reported to CRMLS.

Sale history

$1,325,000
Sold December 2022 · listed $1,199,000, on market September 2022 · MLS #SB22201359 · Source: CRMLS
Listing Agent: Dean Thomas · Listing Office: E Real Estate Corp. · Contact: 310-372-1150 · Bought with: Dean Thomas · E Real Estate Corp.
$5,750,000
Sold December 2021 · listed $5,999,000, on market September 2021 · MLS #SB21204970 · Source: CRMLS
Listing Agent: Roger Hart · Listing Office: Forecast Realty Inc. · Contact: 310-781-2000 · Bought with: Dean Thomas · E Real Estate Corp.
$5,750,000
Sold December 2021 · listed $5,999,000, on market September 2021 · MLS #SB21205029 · Source: CRMLS
Listing Agent: Roger Hart · Listing Office: Forecast Realty Inc. · Contact: 310-781-2000 · Bought with: Dean Thomas · E Real Estate Corp.
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