Three-Suite Mixed-Use
For Sale
$1,600,000
18750 Crenshaw, Torrance, CA 90504
A freestanding corner property combines retail and office space with a separately leased storage unit.
Property Size2,275 SF
Price / SF$703.30
Days on Market185
Property Features for 18750 Crenshaw
General Information
Standard status
Active
Size
2,275 SF
Property subtype
Retail
Site & Location
Neighborhood
North Torrance
Corner Location
Yes
Highway Access
Yes
Additional Details
Tenant in Place
Yes
Building Details
Building Size
2,275 SF
Year Built
1962
Buildings
1
Tenancy
Multi
Listing Agency:
Century 21 Coastal Properties
(310) 972-9111
Listed By:
Randall Porizek · License #01883952
(310) 371-6330
Source:
Ditollarealestate
Added: Apr 26
Changed: Oct 26
Last Checked: Oct 26 at 3:58PM
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 Century 21 Coastal Properties
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains approximately 2,275 square feet arranged as three suites, with an additional storage unit. The owner-occupied smoke shop can be delivered vacant at closing. The building was constructed in 1962 and has received exterior updates. Existing tenants occupy the other spaces, including the storage unit.
At 18750 Crenshaw in Torrance, the property sits near Crenshaw Boulevard and 190th Street. It is close to Starbucks and other national and local retailers, with access to the 405 freeway. On-site parking is available.
At 18750 Crenshaw in Torrance, the property sits near Crenshaw Boulevard and 190th Street. It is close to Starbucks and other national and local retailers, with access to the 405 freeway. On-site parking is available.
Key Highlights
- Three suites plus a separate storage unit
- Approximately 2,275 square feet
- Owner‑occupied smoke shop space can be vacant at closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,505
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,100
$1.2M
Cap Rate 7%
$821,500
$821.5K
Cap Rate 9%
$638,944
$638.9K
Market Conditions
NOI Build-Up for 2,275 SF
Gross rent
$84.1K $36.96/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$82.2K $36.11/SF
− OpEx
−$24.6K −$10.83/SF
NOI
$57.5K $25.28/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,100
Cap Rate 7%
$821,500
Cap Rate 9%
$638,944
Alternative Uses
Best Use
Retail
$821.5K
$718.8K – $958.4K
NOI $57,505 @ 7.0% cap · market cap 3.59%
Second Best
Mixed Use
$578.9K
$506.5K – $675.4K
NOI $40,523 @ 7.0% cap · market cap 2.53%
Theoretical Best
Multifamily LT 5
$46.09M
$40.33M – $53.77M
NOI $3,226,309 @ 7.0% cap · market cap 201.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
79k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 20%
Home Improvements & Furnishings 1%
McDonald's
Dining
34,960 visits/mo
0.4 miles
The Coffee Bean & Tea Leaf
Dining
16,719 visits/mo
0.3 miles
Shell
Shops & Services
13,595 visits/mo
0.1 miles
Starbucks
Dining
10,417 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
2,659 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A freestanding corner property combines retail and office space with a separately leased storage unit.
Where is this mixed-use property located?
The property is located at 18750 Crenshaw Torrance, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three suites plus a separate storage unit; Approximately 2,275 square feet; Owner‑occupied smoke shop space can be vacant at closing
