18750 Crenshaw Blvd - Retail FOR SALE


Torrance, CA 90504
$1,600,000 USD
310-972-9111
18750 Crenshaw Blvd, Torrance, CA for Sale
$1,600,000 USD
Retail - FOR SALE
1/18
null | Request Cap Rate

18750 Crenshaw Blvd
Torrance, CA 90504


HIGHLIGHTS

  • High visibility corner lot with frontage on Crenshaw Blvd.
  • Great South Bay Location with quick access to beach cities (Manhattan, Redondo, Hermosa) with exposure to +/- 20,000 cars per day.
  • Well maintained building with business signage.
  • Possible SBA opportunity with tenants on M2M leases.
  • Zoned C2 which allows for multiple usage types.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$703 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C2

APN/PARCEL ID

4090-020-009

ASK ABOUT THIS PROPERTY

Randy PorizekCentury 21 Union RealtyMore Info
310-972-9111

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Randy PorizekCentury 21 Union RealtyMore Info
310-972-9111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.