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Retail Space
For Sale
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Pending

24631 Crenshaw Blvd, Torrance, CA 90505

For-sale commercial property with a substantial retail footprint.

Property Size45,654 SF
Days on Market142

Property Features for 24631 Crenshaw Blvd

General Information

Standard status Pending
Size 45,654 SF
Property subtype Retail

Additional Details

Cap Rate 5.25%
Listing Agency: CBRE - Orange County
Listed By: James Tyrrell · License #02012964
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:31AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This retail property at 24631 Crenshaw Blvd in Torrance, California, offers 45,654 SF of commercial space. The offering is identified with a 5.25% CAP rate and is available for sale.

Key Highlights

  • 45,654 SF of retail space
  • 5.25% CAP rate
  • Located at 24631 Crenshaw Blvd, Torrance, CA 90505

Property Analytics

Current Use

Gyu-Kaku Japanese BBQ Restaurant IHOP Restaurant Ubon Thai Kitchen Restaurant Ko-Ryu Ramen Restaurant Two Hands Corn ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Food Market Grocery & Convenience Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,879
Businesses Nearby
916k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Dining 24% Shops & Services 19% Home Improvements & Furnishings 10%
Costco Wholesale Superstores
229,670 visits/mo 0.4 miles
Sam's Club Superstores
115,785 visits/mo 0.2 miles
Costco Gasoline Shops & Services
105,750 visits/mo 0.4 miles
In-N-Out Burger Dining
66,203 visits/mo 0.0 miles
VONS Groceries
58,515 visits/mo 0.2 miles

Demographics for 90505, CA

36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale commercial property with a substantial retail footprint.
Where is this retail space located?
The property is located at 24631 Crenshaw Blvd Torrance, CA.
What are key features of this property?
This property features: 45,654 SF of retail space; 5.25% CAP rate; Located at 24631 Crenshaw Blvd, Torrance, CA 90505
More about this property
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