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1321 Sartori Avenue

Updated Feb 25, 2025

Buckingham Investments Acquires Mixed-Use Property In Torrance, CA For $2.55M
SOLDMixed-use

Buckingham Investments Acquires Mixed-Use Property In Torrance, CA For $2.55M

1321 Sartori Avenue

$2,550,000

$235/SF

Building Size

10,845 SF

Asset Type

Mixed-use

Closing

Oct 27, 2022

About this deal

AI

The mixed-use property located at 1321 Sartori Ave in Torrance, CA has been sold in a recent transaction. The property spans a total of 10,845 square feet and was sold for $2,550,000, resulting in a price per square foot of $235. The transaction took place on 10/27/2022 and involved the buyer, Buckingham Investments, and the seller, Steven Torres.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $2,550,000
  • Location: 1321 Sartori Ave, Torrance, CA
  • Total Square Footage: 10,845
  • Price Per Square Foot: $235
  • Date of Transaction: 10/27/2022

Facilitating the transaction was Nick Day from RSI Real Estate Group, who represented both the buyer, Buckingham Investments, and the seller, Steven Torres. Day's expertise in the deal played a crucial role in ensuring a successful transaction for both parties involved.

Players

Nick Day

Legacy Commercial Real Estate

Broker

$2.6M

vol

1 deal

Broker

Torrance Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $235 per square foot on a published $2.6M for 10,845 square feet (2022).

Visit Legacy Commercial Real Estate to view all their deals.

Browse Torrance mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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