23727 Hawthorne Boulevard #1, Torrance, CA, 90505

23727 Hawthorne Boulevard is a unique commercial office building with a mixed-use tenancy of office, medical/dental, and retail space divided into 5 separate suites. The building was the architectural offices for locally renowned Architect, Edward Carson Beal who designed and developed the building in 1976. The suites are well suited for creative office, professional office, medical office or retail use with frontage on Hawthorne Boulevard between Skypark and PCH. The Property is 100% occupied - the tenants pay their own utilities and a pro-rata portion of property taxes which are passed through. The Seller who occupies 5,280 square feet of the space will leaseback 2,600 square feet of space at close of escrow. The owner will consider vacating all of the space for an owner user. The property is located in an A+ location in South Torrance just minutes off of the Palos Verdes Peninsula to the south and Redondo Beach to the west on the major thoroughfare of Hawthorne Boulevard. The 1.5 mile stretch of Hawthorne Boulevard between the subject property and Del Amo Mall is home to many national retailers. The property is just three quarters of a mile from Torrance Memorial Hospital. The population density surrounding the property is 188,966 within a 2-mile radius with a median household income of $82,242. The combination of strong income demographics, densely populated submarket and prime location make this investment offering very attractive to an owner-user or investor.