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    24234-24248 Crenshaw Blvd Torrance, CA 90501

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    For Sale
    $3,950,000

    Creative commercial space available for investment in Torrance, California.

    Property size:
    10,911 SF
    Lot size:
    0.40 Acres

    Property Features for 24234-24248 Crenshaw Blvd

    General Information

    Size
    10,911 SF
    Lot size
    0.40 Acres

    Source: Lee & Associates Los Angeles – Long Beach Inc. Agent Noël Aguirre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Commercial Investment Opportunity

    This commercial property, located at 24234-24248 Crenshaw Blvd in Torrance, California, presents a creative commercial real estate investment opportunity. The property offers 10,911 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.327613
    Latitude
    33.804537

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    FAQs

    What type of property is this?
    Creative space - Creative commercial space available for investment in Torrance, California.
    Where is this creative space located?
    The property is located at 24234-24248 Crenshaw Blvd Torrance, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Rare creative commercial real estate investment opportunity.; - Additional property details available in the original listing.; - Factual aspects can be found in the original listing.
    (562) 895-0317
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    24234-24248 Crenshaw Blvd Torrance, CA 90501
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    Torrance, CA 90501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24234-24248 Crenshaw Blvd Torrance, CA 90501
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