Freestanding Corner Retail-Office
18750 Crenshaw Torrance, CA 90504
For Sale
$1,600,000
SINGLE_FAMILY - Torrance, CA
Property Size2,275 SF
Price / SF$703.30
Days on Market97
Property Features for 18750 Crenshaw
General Information
Property type
Residential
Property subtype
Retail
Zoning
TOCC-GEN
Standard status
Active
APN
4090020009
Building Details
Year built
1962
Listing Agency:
Century 21 Coastal Properties
(310) 371-6330
Listed By:
Randall Porizek · License #01883952
(310) 972-9111
Added: Apr 24
Changed: Jul 6
Last Checked: Jul 29 at 1:06PM
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.
Investment Insights
Based on property information with market context.
Located at 18750 Crenshaw Blvd. in Torrance, this freestanding, newly refreshed retail/office building offers three suites plus an additional storage unit. The storage unit is currently leased, and the property is described as stabilized with existing long-term tenants providing in-place cash flow (buyer to verify based on current income and pricing).
The building sits on a corner lot near Crenshaw Blvd. and 190th St. and is presented as having strong visibility and accessibility, including immediate access to the 405 freeway. The owner-occupied smoke shop is identified as deliverable vacant at close of escrow, creating an option to occupy or lease at market rents. The exterior is described as having modern upgrades, and the remarks note ample parking and proximity to national and local retail, including a newly built Starbucks.
The building sits on a corner lot near Crenshaw Blvd. and 190th St. and is presented as having strong visibility and accessibility, including immediate access to the 405 freeway. The owner-occupied smoke shop is identified as deliverable vacant at close of escrow, creating an option to occupy or lease at market rents. The exterior is described as having modern upgrades, and the remarks note ample parking and proximity to national and local retail, including a newly built Starbucks.
Key Highlights
- Freestanding building on a high‑exposure corner lot with strong traffic counts and excellent visibility near Crenshaw Blvd. and 190th St.
- Opportunity to acquire a stabilized, income‑producing retail/office asset with upside potential.
- Owner‑occupied smoke shop can be delivered vacant, offering opportunity for owner occupancy or lease at market rents to increase NOI.
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 | $84.1k | $36.96 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $82.2k | $36.11 |
| − OpEx | −$24.6k | −$10.83 |
| NOI | $57.5k | $25.28 |
2,275 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding corner property with three retail/office suites and an additional leased storage unit.
Where is this retail space 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: Freestanding building on a high‑exposure corner lot with strong traffic counts and excellent visibility near Crenshaw Blvd. and 190th St.; Opportunity to acquire a stabilized, income‑producing retail/office asset with upside potential.; Owner‑occupied smoke shop can be delivered vacant, offering opportunity for owner occupancy or lease at market rents to increase NOI.
