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    Storefront Retail Asset Title is generated by Realmo AI

    18731 Crenshaw Blvd, Torrance, CA 90504

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    Claim this Listing
    New
    For Sale
    $1,550,000

    Retail storefront on Crenshaw Boulevard in an established Torrance commercial corridor.

    Type:Vacant-User
    Property size:
    4,579 SF
    Price / SF:
    $338/SF
    Added:
    Jun 17, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 20 at 3:33 am

    Property Features for 18731 Crenshaw Blvd

    General Information

    Standard status
    Active
    Size
    4,579 SF
    Property subtype
    Vacant-User

    Building Details

    Year Built
    1951

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    Listing Contact
    Roxanne L. Faire
    Roxanne L. Faire

    Listing agent Roxanne L. Faire License #License(s): CA: CA02327188

    Listing office Marcus & Millichap - South Bay

    Listing date Jun 17, 2026

    Source Marcusmillichap

    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 Marcus & Millichap - South Bay

    HighLights

    • Retail storefront on Crenshaw Boulevard in an established Torrance commercial corridor
    • Year built: 1951
    • Located along highly trafficked Crenshaw Boulevard

    Overview

    18727-18731 Crenshaw Blvd presents a retail storefront property offered for sale, positioned within an established commercial corridor in Torrance. The offering is presented as a single retail asset for investors seeking ownership of a neighborhood retail frontage along Crenshaw Boulevard.

    The property is located directly on Crenshaw Boulevard, a major commercial thoroughfare, with frontage that supports visibility for passersby. The remarks describe the area as a well-established retail corridor with proximity to major employment centers throughout the South Bay.

    For prospective tenants, buyers, and operators, the asset’s retail positioning along a heavily traveled boulevard can support businesses that benefit from storefront exposure and customer walk-by traffic. The property is being marketed as an opportunity to own a retail asset in a supply-constrained retail environment, with the intent of supporting long-term holding strategies. Prospective parties should review unit details, lease status, and financial information for a complete understanding of the current income and operating characteristics.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $169.2k $36.96
    − Vacancy −$3.9k −$0.85
    EGI $165.3k $36.11
    − OpEx −$49.6k −$10.83
    NOI $115.7k $25.28
    4,579 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.65M
    $1.45M – $1.93M (±1% cap)
    NOI $115,743 @ 7.0% cap · market cap 7.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $92.77M
    $81.17M – $108.23M (±1% cap)
    NOI $6,493,745 @ 7.0% cap · market cap 418.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Bloom Closet — 2035 180th Pl, Torrance, CA 90504

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.32723
    Latitude
    33.860195

    FAQs

    What type of property is this?
    Storefront property - Retail storefront on Crenshaw Boulevard in an established Torrance commercial corridor.
    Where is this storefront property located?
    The property is located at 18731 Crenshaw Blvd Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Retail storefront on Crenshaw Boulevard in an established Torrance commercial corridor; Year built: 1951; Located along highly trafficked Crenshaw Boulevard
    More about this property
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