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$1,600,000

FOR SALEActive

18750 Crenshaw

Torrance CA 90504

2,275

SF

Retail

Type

1962

Built

$703/SF

Cost/SF

194 days on marketNalren refreshed

Listing Agent

Randall Porizek

Listing Agent

DRE #: 01883952

(310) 972-9111

Brokerage: Century 21 Coastal Properties

Kevin Porizek

DRE #: 01276761

Brokerage: Century 21 Coastal Properties

Location Analysis

MapProperty Location

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

Map

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