18750 Crenshaw Blvd
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18750 Crenshaw Blvd
2,275 SF 100% Leased Retail Building Torrance, CA 90504 $1,795,000 ($789/SF)
INVESTMENT HIGHLIGHTS
- High visibility corner lot with frontage on Crenshaw Blvd.
- Well maintained building with business signage.
- Zoned C2 which allows for multiple usage types.
- Great South Bay Location with quick access to beach cities (Manhattan, Redondo, Hermosa) with exposure to +/- 20,000 cars per day.
- Possible SBA opportunity with tenants on M2M leases.
EXECUTIVE SUMMARY
Welcome to 18750 Crenshaw Blvd. in Torrance, CA—a newly refreshed retail/office building offering a total of 2,480 sq. ft. of versatile space perfect for your business needs. This free standing building is located on a high traffic corner lot (near Crenshaw Blvd. and 190th St) and is well-maintained, boasting modern and updated exterior finishes. There are 3 suites and a storage area. All 3 suites are tenant occupied with leases on a month-to-month basis allowing for the possibility of SBA financing if a buyer wants to occupy at least 51% of the area. The storage is also currently rented by the pool supply tenant for additional income. Situated in a prime location, this building is conveniently close to a brand new Starbucks, ideal for client meetings or a quick coffee break. Additionally, its proximity to the 405 Freeway ensures excellent accessibility and high visibility, making it an attractive option for both retail and office uses. Whether you need a spacious showroom, an inviting office environment, or an income generating investment, this spot is perfect. Each suite has a private bathroom. There is ample parking and high traffic visibility, making this property the perfect setting for businesses looking to establish a strong presence in the Torrance area, or to add to a strong investment portfolio.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
2,275 SF
Building Class
C
Year Built
1962
Price
$1,795,000
Price Per SF
$789
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.12 AC
Zoning
C2 - Zoned C2
Parking
7 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
50 FT on Crenshaw Blvd.
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Additional Storage
- Transportation and Warehousing
- 300 SF
- $1.67
- Negotiable
- -
- Del Real Pool Supply and Service
- Services
- 775 SF
- $3.35
- Negotiable
- -
- Food Court
- Arts, Entertainment, and Recreation
- 850 SF
- $2.00
- Negotiable
- -
- Sharif Smoke Shop #5
- Retailer
- 350 SF
- $8.57
- Negotiable
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Additional Storage | Transportation and Warehousing | 300 SF | $1.67 | Negotiable | - | |
| Del Real Pool Supply and Service | Services | 775 SF | $3.35 | Negotiable | - | |
| Food Court | Arts, Entertainment, and Recreation | 850 SF | $2.00 | Negotiable | - | |
| Sharif Smoke Shop #5 | Retailer | 350 SF | $8.57 | Negotiable | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4090-020-009 | Improvements Assessment | $561,000 |
| Land Assessment | $816,000 | Total Assessment | $1,377,000 |
PROPERTY TAXES
Parcel Number
4090-020-009
Land Assessment
$816,000
Improvements Assessment
$561,000
Total Assessment
$1,377,000
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18750 Crenshaw Blvd
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