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. 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.

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.