www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31312308
31312315

2008 W Carson St, Torrance, CA 90501

DH
CA 02000676
Thompson Team Real Estate
Listed by Thompson Team Real Estate
$2,699,999
72 days on market
Updated 70 days ago

Palm View Building

Details
APN 7357-001-005
Property Type Office
Sub Type Creative Office, Medical Office (+1)
Square Footage 6,988
Cap Rate 4.72%
NOI $127,540
Occupancy 95%
Tenancy Multi
Lease Type Gross
Price per SqFt $386
Broker Co-Op Yes
Class C
Year Built 1960
Buildings 1
Stories 2
Lot Size (SqFt) 17,860
Zoning C1
Investment Type Stabilized
Occupancy Date 03/26/2026
Sale Condition 1031 exchange

Low Vacancy Updated Office Building

Marketing description

Thompson Team Real Estate is proud to exclusively offer this well positioned property in the heart of Old Town Torrance, this exceptional two-story office building offers a rare opportunity to acquire a highly stabilized asset in one of the South Bay’s most desirable business corridors. Situated on a prominent corner lot with over 30,000 vehicles passing daily, the property benefits from outstanding visibility and accessibility for both tenants and clientele. The building spans approximately 6,988 square feet on a generous 17,860 square foot lot and is currently 95% occupied by a strong roster of long-term tenants, providing immediate and reliable income. With a potential configuration of up to 22 units, the property offers flexibility for future leasing strategies while maintaining historically low vacancy and minimal tenant turnover. Meticulously maintained, the asset reflects pride of ownership throughout. Recent capital improvements include a freshly resurfaced parking lot, exterior repainting, and a well-maintained roof with no known leaks, contributing to its low-maintenance profile. Ample on-site parking ensures convenience for both tenants and visitors—an increasingly valuable amenity in this high-demand area. In addition to its in-place income, the property presents compelling long-term upside. Located adjacent to a newly constructed apartment development, the site may offer future redevelopment potential for a higher-density residential project (buyer to verify), making it attractive for investors seeking both cash flow and value-add or development opportunities. Surrounded by a vibrant mix of retail, dining, and professional services, and anchored in the charm and walkability of Old Town Torrance, this is a rare chance to secure a premier investment property in a supply-constrained market. ALL INFORMATION TO BE VERIFIED BY BUYER OR BUYERS AGENT

Investment highlights

  • Heavy Daytime Traffic
  • Connected Parking Lot
  • Low Historical Vacancy
  • Two Story Office Building

Listing Contacts

DH
CA 02000676
Thompson Team Real Estate
Listed by Thompson Team Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,540.00
$10,628.33/mo

Valuation Metrics

0
DSCR
4.72%
Cap Rate
4.72%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591