Listing Agency: Wellman Realty

Listed By: Wesley Wellman · License #CA 00467451

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:39AM

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Investment Insights

Based on property information with market context.

This multifamily property is located at 1632 Crenshaw Blvd in Torrance, California. The address places the asset near Lafayette Square, the Crenshaw/LAX light rail line, and Koreatown. Development possibilities should be confirmed with the City of Torrance.

Key Highlights

• 1632 Crenshaw Blvd, Torrance, CA 90501
• Near Lafayette Square
• Near the Crenshaw/LAX light rail line

Property Analytics

Property Profile

Current Use

Steve's Char Burgers ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Butcher Catering Service Bed & Breakfast (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,283

Businesses Nearby

Explore this area Business Placement

Demographics for 90501, CA

43,990

Population

15,867

Households

2.8

Avg Household Size

38

Median Age

39%

College-Educated

88%

High-School Grad

5.7 sq mi

ZIP Area

7,718

Density / Sq Mi

$92,815

Median Household Income

$43,526

Median Earnings

$1,868

Median Rent

$887,300

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property near the Crenshaw/LAX light rail line.

Where is this multifamily property located?

The property is located at 1632 Crenshaw Blvd Torrance, CA.

What are key features of this property?

This property features: 1632 Crenshaw Blvd, Torrance, CA 90501; Near Lafayette Square; Near the Crenshaw/LAX light rail line