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This luxury condo conversion in Los Angeles area has different kind of tenant

Investors find new uses for aging industrial properties
A rendering of one of the luxury condos for sale at Grand Prix Auto Club in Torrance, California. (Grand Prix Auto Club)
A rendering of one of the luxury condos for sale at Grand Prix Auto Club in Torrance, California. (Grand Prix Auto Club)
CoStar News
September 11, 2026 | 8:50 P.M.

Just outside Los Angeles, one of the newest condominiums made from a converted warehouse is equipped with bars, a gourmet chef's kitchen, conference rooms, big-screen televisions, pool and poker tables. But the tenants aren't wealthy unit owners.

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