Property profile

23505 Crenshaw Blvd Torrance, CA 90505

FOR LEASE
Office buildings
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Property ID
US09-6385247
26,776 SF 0.47 ac Built 1981
Last sale Sep 2022·$6,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is an office building in Torrance featuring flexible, divisible office suites intended for creative office use. Interior renovations have been completed, and the building provides suites in multiple sizes, with divisibility beginning at a minimum of 200 square feet and extending to a maximum contiguous suite area of 1,760 square feet. The suite layouts are configured in suite-by-suite options including spaces of approximately 297, 528, 767, 1,155, and 1,760 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$1.64M
Assessed land$412k
Assessed improvement$1.23M
Effective rate1.48%

Value estimate

· Nov 2026
$6.04M
$5.44M – $6.64M
AI approach$5.98M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,487/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$473 – $2,481

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TOCC-GEN
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.0
Pawn Shop10.1
Dry Cleaner9.6

Location

23505 Crenshaw Blvd Torrance, CA 90505
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22700 Crenshaw, Torrance, CA 90505-3049 $6,100,000 Jul 2025 20,156 SF
23820 Hawthorne, Torrance, CA 90505-5926 $18,500,000 Sep 2024 24,580 SF
23760 Hawthorne, Torrance, CA 90505-5906 $18,500,000 Sep 2024 38,040 SF
24310 Garnier, Torrance, CA 90505-5327 $13,517,635 Dec 2023 32,780 SF
23828 Hawthorne, Torrance, CA 90505-5936 $21,000,210 Jul 2022 23,700 SF
23860 Hawthorne, Torrance, CA 90505-8200 $21,000,210 Jul 2022 23,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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