18750 Crenshaw Blvd - Retail FOR SALE


Torrance, CA 90504
$1,795,000 USD
310-793-3338
18750 Crenshaw Blvd, Torrance, CA for Sale
$1,795,000 USD
Retail - FOR SALE
1/33
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

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. All 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. Whether you need a spacious showroom, an inviting office environment, or an income generating investment, this spot is perfect. Each suite has a private bathroom. There is ample parking and high traffic visibility, making this property the perfect setting for businesses looking to establish a strong presence in the Torrance area, or to add to a strong investment portfolio.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$724 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Industrial Live/Work Unit

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

Jennette Phillips ToderickCentury 21 Union Realty Co., Inc.More Info
310-793-3338

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Jennette Phillips ToderickCentury 21 Union Realty Co., Inc.More Info
310-793-3338

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