24234-24248 Crenshaw Blvd.
RARE CREATIVE INVESTMENT OPPORTUNITY: CREATIVE | MUSIC | MEDIA | E-COMMERCE | EXECUTIVE SUITES
Marketing description
Lee & Associates – Los Angeles/Long Beach, Inc. as exclusive advisors welcome you to 24234–24248 Crenshaw Blvd, a rare creative commercial real estate investment opportunity in Torrance, California, part of the vibrant South Bay region of Los Angeles County. This fully leased, income-producing Torrance investment property is anchored by the reputable Lockout Music Studios + Creative Office and located adjacent to the high-performing Torrance Crossroads Shopping Center. The property offers unmatched versatility, allowing for readaptation into private executive creative office suites unlike typical creative office setups—delivering enhanced privacy and exclusivity to potential tenants. The building also supports retail components, possible headquarters, music rehearsal studios, and media production suites.
Investment highlights
- 43.9% of tenants already meet or exceed target rents
- Diverse tenant base: musicians, therapists, content creators, e-commerce
- Unit sizes: 100–650 SF
- Low turnover, long-term user appeal from various industries
- SBA 504 eligible – potential 90% financing for owner-users
- Music production studios
- Executive creative office suites with privacy features
- Retail components for lifestyle or specialty use
- Headquarters for creative companies
- Creative office space for e-commerce, digital agencies, and remote teams
- Podcasting and content creation rooms
- Wellness offices: therapy, massage, sound healing
- Independent fashion, design, and product studios
- High-demand submarket with limited creative inventory
- Rising demand for music rehearsal studios in South Bay
- Excellent location near Torrance Crossroads and the Los Angeles tech corridor
- Flexible and versatile design suitable for multiple commercial real estate investment strategies
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