18750 Crenshaw, Torrance, CA 90504
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18750 Crenshaw, Torrance, CA 90504
18750 Crenshaw, Torrance, CA 90504
18750 Crenshaw, Torrance, CA 90504
18750 Crenshaw, Torrance, CA 90504
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Jennifer Gangawer

Jennifer Gangawer

+1(213) 215-0483
$ 1,600,000
Est. payment /mo
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18750 Crenshaw Torrance, CA 90504

5,070 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26090164

HOA Y/N No

Year Built 1962

Lot Size 5,070 Sqft

Property Sub-Type Retail

Property Description

Located in the heart of Torrance, 18750 Crenshaw Blvd. offers a compelling opportunity to acquire a stabilized, income-producing retail/office asset with clear upside potential. This freestanding, newly refreshed building encompasses approximately 2,275 sq. ft. and sits on a high-exposure corner lot near Crenshaw Blvd. and 190th St., benefiting from strong traffic counts and excellent visibility. The property features 3 suites, plus an additional storage unit, creating a diversified income stream. Existing long-term tenants provide in-place cash flow, supporting a strong cap rate (buyer to verify based on current income and pricing). The storage unit is currently leased, further enhancing yield. A key value-add component is the owner-occupied smoke shop, which can be delivered vacant at close of escrow. This presents an opportunity to either occupy the space or lease at market rents, allowing investors to increase NOI and capture a higher pro forma cap rate. With strategic lease-up and potential rent adjustments to market levels, investors can realize meaningful upside in overall returns. Surrounded by strong national and local retailers, including a newly built Starbucks, the property benefits from consistent consumer traffic and a desirable tenant base. Immediate access to the 405 freeway further enhances accessibility and long-term tenant demand. With ample parking, modern exterior upgrades, and a prime corner location, this asset is well-suited for investors seeking stable in-place income with the ability to drive NOI growth and improve cap rate performance over time.

Location

State CA

County Los Angeles

Area 133 - N Torrance - East

Zoning TOCC-GEN

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Community Features Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities

Roof Type Flat,Rolled/Hot Mop

Present Use Commercial,Improved,Investment

Building

Lot Description Corner Lot, Irregular Lot, Near Park, Near Public Transit, Street Level

Story 1

Water Public

Others

Tax ID 4090020009

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Randall Porizek Century 21 Coastal Properties 310-972-9111, DRE #01883952

NEARBY SCHOOLS & PROPERTIES

Jennifer Gangawer

Jennifer Gangawer

Team Lead / Realtor® | License ID: 02347486

+1(213) 215-0483

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18750 Crenshaw

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