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    Torrance, CA
    Creative Space

    Torrance, CA Creative Space for Sale

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    Creative Commercial Investment Opportunity
    Updated: Aug 27, 2025
    Creative Commercial Investment Opportunity

    24234-24248 Crenshaw Blvd, Torrance, CA

    $3,800,000
    10,911 sqft 0.40 AC lot
    Rare creative commercial real estate investment opportunity.
    Additional property details available in the original listing.
    Factual aspects can be found in the original listing.
    Unique features are described in the original listing.
    Key amenities are listed in the original listing.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24234-24248 Crenshaw Blvd, Torrance, CA

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $250K
      Annual

    • Price @ 7% Cap

      $3.58M
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Torrance, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Light Industrial Flex Building
    Light Industrial Flex Building

    805 E El Segundo Boulevard, El Segundo, CA 90245

    $2,390,000

    Polished concrete floors and two large roll-up doors with on-site parking for flexible light industrial use.

    View details
    Creative Flex Space For Sale
    Creative Flex Space For Sale

    805 E El Segundo Blvd, El Segundo, CA 90245

    $2,390,000
    4,060 sqft 0.15 AC lot

    4,060 SF flex space in Smoky Hollow.

    View details
    Art Deco Office Studio with Bath
    Art Deco Office Studio with Bath

    140 Linden Avenue, Long Beach, CA 90802

    $130,000

    Compact office-studio with a full bathroom and east-facing natural light inside an Art Deco Long Beach building.

    View details
    Historic Office Studio in Art Deco Building
    Historic Office Studio in Art Deco Building

    140 Linden Avenue, Unit 287, Long Beach, CA 90802

    $130,000

    Compact office-studio with full bathroom and natural light in a boutique Art Deco building.

    View details

    Torrance, CA Creative Space Market Trends and Statistics

    Explore 1 creative space for sale in Torrance, CA on our real estate platform. These investment opportunities span a total of 10,911 square feet of properties for sale, with an estimated market value of $3,800,000.

    Sale prices for creative space in Torrance, CA start at $3,800,000, averaging $3,800,000, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 65
    Medical Office Space 20
    Office buildings 20
    Coworking space 4
    Creative space 4

    Demographics Overview

    Population 172K
    Population Growth (5Y) -2.4%
    Median Household Income $106,432
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

    Identify Torrance submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    90501 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $10.46 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Torrance fall within the 100,000+ square foot range.

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