SWIPE FOR MORE IMAGES
$1,600,000 USD
18750 Crenshaw
TORR, California 90504
USA
TORR, California 90504
USA
Commercial for Sale, Other Commercial Property
Sale price per sqm: 0
Tax: 18,930 USD
Remarks:
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.
Features:
- Year Built: 1962
Location:
18750 Crenshaw, TORR, California 90504, USA
Listed By CENTURY 21 Coastal Properties
The Commercial for Sale, Other Commercial Property located at 18750 Crenshaw, TORR, California 90504, USA is currently for sale. 18750 Crenshaw, TORR, California 90504, USA is listed for $1,600,000 USD. If the property located at 18750 Crenshaw, TORR, California 90504, USA isn't what you're looking for, search California Real Estate to see other Commercial For Sale in TORR.
