24248 Crenshaw Blvd - Office FOR SALE


Torrance, CA 90505
$3,950,000 USD
562-895-0317
24248 Crenshaw Blvd, Torrance, CA for Sale
$3,950,000 USD
Office - FOR SALE
1/23
null | 5.56% Cap Rate

24248 Crenshaw Blvd
Torrance, CA 90505


OVERVIEW

• 43.9% of tenants already meet or exceed target rents • Diverse tenant base: musicians, therapists, content creators, e-commerce • Unit sizes: 100–650 SF • Low turnover, long-term user appeal from various industries • SBA 504 eligible – potential 90% financing for owner-users • Music production studios • Executive creative office suites with privacy features • Retail components for lifestyle or specialty use • Headquarters for creative companies • Creative office space for e-commerce, digital agencies, and remote teams • Podcasting and content creation rooms • Wellness offices: therapy, massage, sound healing • Independent fashion, design, and product studios

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

LOMC*

APN/PARCEL ID

7376-001-021

ASK ABOUT THIS PROPERTY

Noël AguirreLee & Associates - Los Angeles/Long Beach, Inc.More Info
562-895-0317

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Noël AguirreLee & Associates - Los Angeles/Long Beach, Inc.More Info
562-895-0317

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