18750 Crenshaw,Torrance, CA 90504
Torrance, CA 90504
Description
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.
Details
| MLS # | SB26090164 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 118 |
| Listing Provided By | Century 21 Coastal Properties | Randall Porizek |
Features
| SQ Feet | 2,275 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | TOCC-GEN |
| Acreage | 0.12 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Flat, Rolled Hot Mop |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Lot Features | Corner Lot, Irregular Lot, Near Park, Near Public Transit, Street Level |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities |
|---|---|
| Electric | Standard |
Location
| Community Features | Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Torrance |
| Zip Code | 90504 |
| Area | 133 N Torrance East |
| Listing VS Median (in 90504) | |
Price: $1,600,000 low | high Med: $989,000 sqft: 2,275 low | high Med: 1,310 $ / sqft: $703 low | high Med: $755 On site: 118 low | high Med: 72 | |
Market Activity 90504
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Torrance |
| Zip Code | 90504 |
| Area | 133 N Torrance East |
| Listing VS Median (in 90504) | |
Price: $1,600,000 low | high Med: $989,000 sqft: 2,275 low | high Med: 1,310 $ / sqft: $703 low | high Med: $755 On site: 118 low | high Med: 72 | |
 | $1,399,0003427 W 187th StreetTorrance, CA 90504 |
 | $1,000,0002750 W 182nd 120Torrance, CA 90504 |