18750 Crenshaw Blvd Torrance, CA 90504
- Office buildings
- 2,480 SF
- 0.12 lot acres
Current Use by Public Records
- Golden Years Mortgage Solutions / Mortgage Broker
- Sharif Smoke Shop #5 / Tobacco Shop
- Del Real Pool Supply and Service / Swimming Pool Repair Service / Swimming Pool Supply Store
Property Details for 18750 Crenshaw Blvd
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 2,480 SF
- Zone code
- TOCC-GEN
- Property type
- Office buildings
- APN
- 4090-020-009
- APU
- 4090020009
Description
This well-maintained, newly refreshed free-standing retail/office building at 18750 Crenshaw Boulevard in Torrance, CA, offers 2,275 square feet of versatile space on a 0.12-acre lot. The building features three suites and a storage area, strategically located on a high-traffic corner near Crenshaw Boulevard and 190th Street. Two of the three suites are currently occupied under month-to-month leases, presenting an opportunity for SBA financing if a buyer intends to occupy at least 51% of the space. The storage area generates additional income via a current tenant. The property benefits from excellent visibility and accessibility due to its proximity to the 405 Freeway and a newly constructed Starbucks. One suite offers approximately 1,280 square feet of open floor plan space with a private bathroom and abundant natural light, suitable for various configurations. Ample parking is available. This prime location is ideal for businesses seeking high visibility and convenient access in the thriving Torrance market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,255,000
- 6.5%
- $1,320,000
- 7%
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,360,000
- Geo Method
- $1,235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,275,000
- Retail
- $1,395,000
- Mixed-Use
- $1,230,000
- Hospitality
- $1,545,000
- Educational
- $1,335,000
- Residential Income
- $1,580,000
- Energy
- $1,230,000
- Income-Based Land
- $1,495,000
- Food Service
- $1,170,000
Location Insight
- Map
- Local Demand
- City
- Torrance
- County
- Los Angeles
- State
- California
- Longitude
- -118.327
- Latitude
- 33.8598
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
