$1,600,000
FOR SALEActive18750 Crenshaw
Torrance CA 90504
2,275
SF
Retail
Type
1962
Built
$703/SF
Cost/SF
Listing Agent
Kevin Porizek
DRE #: 01276761
Brokerage: Century 21 Coastal Properties
Location Analysis
About This Property
Located in the heart of Torrance, 18750 Crenshaw Blvd. offers a compelling opportunity to acquire a stabilized, income-producing retail/office asset with clear upside potential. This freestanding, newly refreshed building encompasses approximately 2,275 sq. ft. and sits on a high-exposure corner lot near Crenshaw Blvd. and 190th St., benefiting from strong traffic counts and excellent visibility. The property features 3 suites, plus an additional storage unit, creating a diversified income stream. Existing long-term tenants provide in-place cash flow, supporting a strong cap rate (buyer to verify based on current income and pricing). The storage unit is currently leased, further enhancing yield. A key value-add component is the owner-occupied smoke shop, which can be delivered vacant at close of escrow. This presents an opportunity to either occupy the space or lease at market rents, allowing investors to increase NOI and capture a higher pro forma cap rate. With strategic lease-up and potential rent adjustments to market levels, investors can realize meaningful upside in overall returns. Surrounded by strong national and local retailers, including a newly built Starbucks, the property benefits from consistent consumer traffic and a desirable tenant base. Immediate access to the 405 freeway further enhances accessibility and long-term tenant demand. With ample parking, modern exterior upgrades, and a prime corner location, this asset is well-suited for investors seeking stable in-place income with the ability to drive NOI growth and improve cap rate performance over time.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
TOCC-GEN
Zoning
0.1164 acres
Lot Size
3
Total Units
2,275 SF
Square Footage
$703.30/SF
Price per SF
$66K
NOI
1,962
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
$66,465
NOI
Similar Commercial Properties
$1.4M138d
4,579 SF•CommercialSale18727 Crenshaw BoulevardTorrance, CAMarcus & Millichap | DRE# 01989906$14.0M78d
50,650 SF•Warehouse1401 W 178thGardena, CAHenry Wallace | DRE# 01729574$2.8M83d
3,104 SF•MixedUse1443 AviationRedondo Beach, CAREMAX AEGIS | DRE# 00847457$1.2M24d
2,294 SF•CommercialSale1903 PACIFIC COAST HighwayLomita, CATurnstone Realty | DRE# 01467440$5.0M149d
SF N/A•Land25530 Dodge AvenueHarbor City, CAMerit Real Estate | DRE# 01760226$1.2M115d
2,880 SF•MixedUse11116 S PrairieInglewood, CARE/MAX 2000 REALTY | DRE# 02083204$1.2M242d
3,549 SF•MixedUse10815 S Western AvenueLos Angeles, CACommercial Brokers Int'l. Inc. | DRE# 01453581$2.2M256d
5,513 SF•Office4500 LennoxInglewood, CASync Brokerage Inc. | DRE# 01272850$795K98d
3,116 SF•CommercialSale10519 S Western AvenueLos Angeles, CAJacob, Christopher & Lee Rlty | DRE# 01464851$8.5M163d
4,517 SF•UnimprovedLand10500 S Prairie AvenueInglewood, CAVismar Real Estate | DRE# 01836081$3.8M45d
11,879 SF•MultiFamily10720 Burin AvenueInglewood, CABeach City Brokers | DRE# 01139207$699K219d
2,964 SF•MixedUse1302 N Wilmington BoulevardWilmington, CAKeller Williams Palos Verdes | DRE# 01305283$1.9M4d
1,500 SF•MixedUse603 W Pacific CoastWilmington, CASouth Bay Coast Realty | DRE# 01892375$1.1M4d
2,875 SF•Retail10423 Hawthorne BoulevardInglewood, CACompass | DRE# 01982323$1.6M280d
4,254 SF•HotelMotel10918 S FigueroaLos Angeles, CAPRIMETIME REALTY | DRE# 01963407$498K27d
6,560 SF•MultiFamily10808 S BroadwayLos Angeles, CACentury 21 Allstars | DRE# 01938421$1.1M67d
2,067 SF•CommercialSale10958 Avalon BoulevardLos Angeles, CAKidder Mathews of California, Inc. | DRE# 01902650$13.5M242d
57,416 SF•CommercialSale18737 S Reyes AvenueCompton, CAThe CREM Group | DRE# 01990266$462K159d
1,409 SF•SpecialPurpose1327 E MauretaniaWilmington, CAKeller Williams Coastal Prop. | DRE# 01927702$849K79d
4,960 SF•Warehouse928 E 108th StreetLos Angeles, CADalton Wade, Inc. | DRE# 01956033$1.1M78d
4,385 SF•Warehouse901 E 108thLos Angeles, CADalton Wade, Inc. | DRE# 01956033$925K78d
2,560 SF•Warehouse911 E 108thLos Angeles, CADalton Wade, Inc. | DRE# 01956033$1.1M52d
1,862 SF•MixedUse1417 E Pacific CoastWilmington, CAReMax Tiffany Real Estate | DRE# 00705796$1.1M290d
4,930 SF•SpecialPurpose10527 ComptonLos Angeles, CAT.N.G. Real Estate Consultants | DRE# 01961293$10.4M326d
19,900 SF•Industrial2880 NortonLynwood, CAWallstreet Realty | DRE# 01840044
Recent commercial sales in Torrance
Sold $425,000SOLD920 SF•Office3250 Sepulveda Boulevard 143Sold Oct 2026Keller Williams Palos Verdes | DRE #01252289Buyer's agent: Rod Yoon, Keller Williams Palos Verdes | DRE #01252289
Sold $1,125,000SOLD2,800 SF•Retail•2 units1276 SartoriSold Sep 2026Strand Hill Properties | DRE #00808394Buyer's agent: General NONMEMBER, NONMEMBER MRML
Sold $695,000SOLD1,354 SF•Office•28 units4305 Torrance Blvd 306Sold Sep 2026Ricky&Jessie Realty | DRE #01947274Buyer's agent: General NONMEMBER, NONMEMBER MRML
Sold $2,310,000SOLD6,988 SF•Office2008 W CarsonSold Sep 2026Thompson Team Real Estate, Inc. | DRE #02000676Buyer's agent: Johnny Eubanks, NONMEMBER MRML | DRE #00695732
Sold $1,400,000SOLD2,324 SF•Office1629 CrenshawSold Aug 2026The Realestate Group | DRE #01307730Buyer's agent: Odette Abadian, Vista Sotheby’s International Realty | DRE #01425523
Sold $1,245,000SOLD6,180 SF•Industrial23120 MariposaSold Jul 2026Volant Realty Partners Inc | DRE #01995451Buyer's agent: Joe Pivaral Agreda, Casa Bella Realty Group | DRE #02235844
Closed commercial sales reported, newest first.