Freestanding Retail
For Sale
$1,600,000
18750 Crenshaw, Torrance, CA 90504
Commercial Sale, Torrance, CA
Property Size2,275 SF
Price / SF$703.30
Days on Market187
Property Features for 18750 Crenshaw
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
TOCC-GEN
Directions
Located on Crenshaw Blvd. just north of 190th St.
Subdivision
133 - N Torrance - East
Standard status
Active
APN
4090020009
Building Details
Year built
1962
Listing Agency:
Century 21 Coastal Properties · Century 21 Real Estate
(310) 371-6330
Listed By:
Randall Porizek · License #01883952
(310) 972-9111
Added: Apr 24
Changed: Oct 8
Last Checked: Oct 27 at 10:06PM
MLS# SB26090164
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding storefront property contains approximately 2,275 square feet, three suites, and a separate storage unit. The building was constructed in 1962 and has received refreshed exterior improvements. Existing long-term tenants occupy the property, while the owner-operated smoke shop may be delivered vacant at closing, creating flexibility for continued owner occupancy or a new lease arrangement. The storage unit is also leased.
Positioned on a corner near Crenshaw Blvd. and 190th St., the property is surrounded by national and local retailers, including a newly built Starbucks. Immediate access to the 405 freeway supports convenient regional connectivity. The site includes ample parking and is zoned TOCC-GEN.
Positioned on a corner near Crenshaw Blvd. and 190th St., the property is surrounded by national and local retailers, including a newly built Starbucks. Immediate access to the 405 freeway supports convenient regional connectivity. The site includes ample parking and is zoned TOCC-GEN.
Key Highlights
- Approximately 2,275 sq. ft. freestanding retail/office building
- Three suites plus a separate storage unit
- Owner‑occupied smoke shop may be delivered 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
Office B
$745.9K
$652.6K – $870.2K
NOI $52,211 @ 7.0% cap · market cap 3.26%
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.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Bloom Closet — 2035 180th Pl, Torrance, CA 90504
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding commercial building with multiple suites, storage, parking, and existing long-term tenants.
Where is this storefront 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: Approximately 2,275 sq. ft. freestanding retail/office building; Three suites plus a separate storage unit; Owner‑occupied smoke shop may be delivered vacant at closing
