$1,600,000

18750 Crenshaw, Torrance, CA 90504

  • 2,275 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon5,070sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $703/sqft
  • Property List Date Icon Listed 27 days ago

Property 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.

Listing Status:
Active
Date Added:
April 26, 2026
Data Last Updated:
May 21, 2026 at 7:17PM
Listing Office:
Century 21 Coastal Properties : 310-371-6330
Listing Agent:
Randall Porizek : 310-371-6330
MLS ID:
SB26090164
  • Laundry: None
  • Heating: Central
  • Roofing: FlatRolled/Hot Mop
  • General: 1
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: TOCC-GEN4090020009
  • Current Use: CommercialImprovedInvestment
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater ConnectedOverhead UtilitiesStandard
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Randall Porizek , Century 21 Coastal Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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#SB26023908 - The Realestate Group