Plaza De Rina

For Sale

24430 Hawthorne Blvd, Torrance, CA 90505

This Torrance property for sale is located at 24430 Hawthorne Blvd. The general use of Plaza De Rina is office and it incorporates 8,718 square feet of class C office space. The current listed sale price for Plaza De Rina is $2,950,000. Plaza De Rina is situated on a lot that is 17,158 square feet in size.

Contacts

broker

Adam Friedlander

Beta Agency

(310) 766-5205

broker

Richard Rizika

Beta Agency

(310) 430-7790

Property Details

  • Property Type Office
  • Property Size 8,718 SF
  • Lot Size 17,158 SF
  • # of Floors 2
  • Parking Spaces Avail. 27
  • Parking Ratio 3.10 / 1,000 SF
  • Building Class C
  • Year Built 1974
  • Date Updated Apr 2, 2024

Beta Agency as exclusive advisor on behalf of ownership, is pleased

to offer for sale Plaza De Rina a two-story professional office building

located at 24430 Hawthorne Blvd., Torrance, CA. Plaza De Rina consists

of 8,718 SF of GLA situated on two parcels totaling 17,158 SF. The property is zoned General Commercial (GC). The building is separated into

9 suites which are currently 100% occupied. The subject building was

built in 1974 and has a total of 27 dedicated parking spaces.

The tenant roster is comprised of professional office tenants and include a CPA, architect, appraisal and Insurance Services to name a few.

Each of the tenants is on a MTM lease except for suite 100-101 which

has a lease expiration date in 2024.

Plaza De Rina offers a future investor or owner user the flexibility to

add-value quickly or owner occupy units within a quick turnaround time

and not have to wait for lease expirations. Market rents are estimated

28% below market rents of $1.75 MG.

Plaza De Rina is located in the Walteria neighborhood of Torrance

along Hawthorne Blvd. Immediate cross streets are Newton Street to

the South and W 244th Street to the North. The property benefits from

excellent traffic counts and close proximity to the affluent city of Palos

Verdes Estates.

Plaza De Rina offers the rare investment opportunity to acquire a well

located professional office building in the desirable city of Torrance with

below market rents with majority of the leases being MTM

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 80/100

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  • 37/100

    Transit Score ®

  • 58/100

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Location

  • City Torrance, CA
  • Neighborhood Walteria
  • Zip Code 90505
  • Market Los Angeles

Points of Interest

  • Redondo Beach

    6.58 miles

  • Douglas

    7.46 miles

  • El Segundo

    8.26 miles

  • Del Amo

    8.68 miles

  • Crenshaw

    8.73 miles

  • Mariposa

    8.74 miles

  • Wardlow

    8.99 miles

  • Artesia

    9.04 miles

  • Aviation/LAX

    9.05 miles

  • Hawthorne/Lennox

    9.19 miles

  • Chevron

    0.12 miles

  • Mobil

    0.63 miles

  • Shell

    0.67 miles

  • Chevron

    1.04 miles

  • Shell

    1.07 miles

  • Torrance Fuel

    1.32 miles

  • Shell

    1.38 miles

  • Arco

    1.49 miles

  • Arco

    1.56 miles

  • Chevron

    1.58 miles

  • Walgreens Parking

    2.54 miles

  • hospital parking structure

    2.72 miles

  • parking structure

    2.83 miles

  • San Rafael Club House

    3.21 miles

  • gravel parking

    3.63 miles

  • Lot 6

    3.87 miles

  • Lot 8

    3.99 miles

  • Harbor Park Park And Ride

    4.07 miles

  • Carson Park And Ride

    4.24 miles

  • Abalone Cove Shoreline Park

    4.31 miles

  • Driftwood Motel

    0.49 miles

  • Torrance Inn & Suites

    0.58 miles

  • Ramada by Wyndham Torrance

    0.85 miles

  • Courtyard by Marriott Los Angeles Torrance/Palos Verdes

    1.91 miles

  • Best Western Plus

    1.96 miles

  • Bluestem Hotel Torrance-Los Angeles, Ascend Hotel Collection

    1.97 miles

  • Quality Inn Lomita - Torrance

    2.14 miles

  • DoubleTree by Hilton Hotel Torrance - South Bay

    2.36 miles

  • Torrance Marriott Redondo Beach

    2.43 miles

  • Best Western Plus Avita Suites

    2.59 miles

  • Hawthorne Market

    0.23 miles

  • Sprouts Farmers Market

    0.63 miles

  • Ross

    0.76 miles

  • Pacific Sales, Kitchen & Home

    0.90 miles

  • Ralphs

    0.98 miles

  • Smart & Final

    1.05 miles

  • Kohl's

    1.13 miles

  • Vons

    1.20 miles

  • Whole Foods Market

    1.27 miles

  • Ralphs

    1.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Plaza De Rina