18750 Crenshaw, Torrance, California 90504
- $1,600,000
Overview
- Retail, Commercial Sale
- 2275 Sqft
- 1962
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.
Address
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Address: 18750 Crenshaw
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City: Torrance
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State/county: CA
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Zip/Postal Code: 90504
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Country: US
Details
Updated on April 26, 2026 at 7:37 pm-
Property ID SB26090164
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Price $1,600,000
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Property Size 2275 Sqft
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Land Area 0.1164 Acres
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Year Built 1962
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Property Type Retail, Commercial Sale
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, 1031 Exchange, Submit
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Roof Flat, Rolled/Hot Mop
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Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
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Heating Central
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County Los Angeles
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Property Type Commercial Sale
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Community Features Park
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