29-Unit Apartment
For Sale
Contact for pricing
16910-16924 Crenshaw Boulevard, Torrance, CA 90504
Two adjacent parcels offer a courtyard pool, on-site laundry, individual water heaters, and dedicated parking.
Property Size12,952 SF
Lot Size0.46 Acres
Days on Market144
Property Features for 16910-16924 Crenshaw Boulevard
General Information
Standard status
Active
Size
12,952 SF
Total Parking Spaces
29
Lot size
0.46 Acres
Property subtype
Multifamily
Financials
Cap Rate
5.69%
Gross Rent Multiplier
11.67
Units
Unit Mix
2 x 2BR/1BA, 3 x 1BR/1BA, 15 x studio/1BA, 9 x bachelor/1BA
Multifamily Units
29
Amenities
pool
on-site laundry facility
Building Details
Buildings
2
Listing Agency:
Shield Commercial Real Estate
Listed By:
Luca Jacoli · License #CA 01938297
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shield Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 16910-16924 Crenshaw Boulevard in Torrance, this multifamily property contains 29 units across two adjacent parcels, with each parcel carrying its own APN. The unit mix includes 2 two-bedroom/one-bath units, 3 one-bedroom/one-bath units, 15 studio/one-bath units, and 9 bachelor/one-bath units. Total living area measures 12,952 SF on a 19,824-SF corner lot.
Property features include a courtyard pool, 29 parking spaces, and an on-site laundry room equipped with two washers and two dryers. Each residence has an individual hot water heater, and both buildings operate entirely on electric service. The building at 16924 Crenshaw Boulevard has a newer roof. The property is stated to fall under AB-1482 rather than LA Rent Control, with a current cap rate of 5.69%, current GRM of 11.67, and pro-forma cap rate of 7.97%.
Property features include a courtyard pool, 29 parking spaces, and an on-site laundry room equipped with two washers and two dryers. Each residence has an individual hot water heater, and both buildings operate entirely on electric service. The building at 16924 Crenshaw Boulevard has a newer roof. The property is stated to fall under AB-1482 rather than LA Rent Control, with a current cap rate of 5.69%, current GRM of 11.67, and pro-forma cap rate of 7.97%.
Key Highlights
- 29 units with a mix of 2‑bedroom, 1‑bedroom, studio, and bachelor apartments
- 12,952‑SF living area on a 19,824‑SF corner lot
- Two adjacent parcels, each with its own APN
Property Analytics
Current Use
Lease Details
29
Residential units
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
Explore this area
Business Placement
Demographics for 90504, CA
32,503
Population
12,328
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
7,387
Density / Sq Mi
$105,474
Median Household Income
$55,683
Median Earnings
$2,225
Median Rent
$897,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent parcels offer a courtyard pool, on-site laundry, individual water heaters, and dedicated parking.
Where is this apartment building located?
The property is located at 16910-16924 Crenshaw Boulevard Torrance, CA.
What are key features of this property?
This property features: 29 units with a mix of 2‑bedroom, 1‑bedroom, studio, and bachelor apartments; 12,952‑SF living area on a 19,824‑SF corner lot; Two adjacent parcels, each with its own APN
