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18750 Crenshaw Blvd

2,275 SF 60% Leased Retail Building Torrance, CA 90504 $2,544,359 CAD ($1,118 CAD/SF)

Investment Highlights

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

Executive Summary

Welcome to 18750 Crenshaw Blvd. in Torrance, CA—a newly refreshed retail/office building offering a total of 2,480 sq. ft. of versatile space perfect for your business needs. This free standing building is located on a high traffic corner lot (near Crenshaw Blvd. and 190th St) and is well-maintained, boasting modern and updated exterior finishes. There are 3 suites and a storage area. 2 of the 3 suites are tenant occupied with leases on a month-to-month basis allowing for the possibility of SBA financing if a buyer wants to occupy at least 51% of the area. The storage is also currently rented by the pool supply tenant for additional income. Situated in a prime location, this building is conveniently close to a brand new Starbucks, ideal for client meetings or a quick coffee break. Additionally, its proximity to the 405 Freeway ensures excellent accessibility and high visibility, making it an attractive option for both retail and office uses. The open floor plan of the third unit provides approx. 1,280 sq.ft. with flexibility for various configurations. Whether you need a spacious showroom, an inviting office environment, or a combination of both, this spot is perfect. It also has a private bathroom. Large windows allow for ample natural light, creating a bright and welcoming atmosphere. With ample parking and high traffic visibility, this property offers the perfect setting for businesses looking to establish a strong presence in the Torrance area.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
2,275 SF
Building Class
C
Year Built
1962
Price
$2,544,359 CAD
Price Per SF
$1,118 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Land Acres
0.12 AC
Zoning
C2 - General Commercial
Parking
7 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
50 ft on Crenshaw Blvd.

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Additional Storage
  • Transportation and Warehousing
  • 300 SF
  • $0.85 CAD
  • Negotiable
  • -
  • Del Real Pool Supply and Service
  • Services
  • 675 SF
  • $5.46 CAD
  • Negotiable
  • -
  • Sharif Smoke Shop #5
  • Retailer
  • 350 SF
  • $12.15 CAD
  • Negotiable
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Additional Storage Transportation and Warehousing 300 SF $0.85 CAD Negotiable -
Del Real Pool Supply and Service Services 675 SF $5.46 CAD Negotiable -
Sharif Smoke Shop #5 Retailer 350 SF $12.15 CAD Negotiable -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4090-020-009
Land Assessment
$1,144,726 CAD
Improvements Assessment
$786,999 CAD
Total Assessment
$1,931,724 CAD
  • Listing ID: 33211320

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 18750 Crenshaw Blvd, Torrance, CA 90504

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