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    18750 Crenshaw Blvd Torrance, CA 90504

    Sponsored
    For Sale
    $1,795,000

    High-visibility Crenshaw Blvd. retail/office.

    Property size:
    2,275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Torrance, CA commercial property, located at 18750 Crenshaw Boulevard, presents a compelling investment opportunity. The single-story, 2,275 square foot building sits on a 5,069 square foot lot and features three suites, one currently vacant, and a storage area, all within a Class B building renovated in 2022. Two of the suites are occupied under month-to-month leases, offering potential for SBA financing. The property boasts high visibility due to its corner lot location on Crenshaw Boulevard, near 190th Street, and benefits from proximity to the 405 Freeway and a newly constructed Starbucks. The vacant suite offers approximately 1,180 square feet of flexible space with a private bathroom and ample natural light. Seven parking spaces are available. The property is zoned for General Commercial use and is offered for sale at $1,795,000. This is a multi-tenant, gross lease property with a total of two tenants. The property is a one-building, owner-user investment opportunity, suitable for a 1031 exchange. The property is not subject to a ground lease. The Los Angeles County Assessor's Parcel Number (APN) is 4090-020-009. This prime location offers excellent accessibility and high visibility, making it ideal for a variety of retail and office uses.

    Property Features for 18750 Crenshaw Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,275 SF
    Class
    B

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $1,795,000 asking price for a multi‑tenant office and retail building.
    • 2,275 square feet on a 5,069 square foot lot in Torrance, CA.
    • Three units in a single‑story, Class B building, renovated in 2022.
    • Seven parking spaces and located on a high‑visibility corner lot on Crenshaw Boulevard.
    • Two of three units are currently tenant‑occupied on month‑to‑month leases, offering potential for SBA financing.
    • General Commercial zoning, APN 4090‑020‑009, and suitable for a 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Years Mortgage ... Mortgage Broker Sharif Smoke Shop ... Tobacco Shop Del Real Pool ... Swimming Pool Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3266979
    Latitude
    33.8598395

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility Crenshaw Blvd. retail/office.
    Where is this individual retail property located?
    The property is located at 18750 Crenshaw Blvd Torrance, CA.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: $1,795,000 asking price for a multi-tenant office and retail building.; 2,275 square feet on a 5,069 square foot lot in Torrance, CA.; Three units in a single-story, Class B building, renovated in 2022.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18750 Crenshaw Blvd Torrance, CA 90504
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