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32015446
32015460

18750 Crenshaw, TORR, CA 90504

RP
CA 01883952
Century 21 Union Realty Co Torrance
CENTURY 21 Union Realty Co
Listed by Century 21 Union Realty Co Torrance, CENTURY 21 Union Realty Co
$1,600,000
37 days on market
Updated 37 days ago

18750 Crenshaw

Details
Property Type Special Purpose
Sub Type Other
Year Built 1962

Special Purpose

Marketing 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.
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Listing Contacts

RP
CA 01883952
Century 21 Union Realty Co Torrance
CENTURY 21 Union Realty Co
Listed by Century 21 Union Realty Co Torrance, CENTURY 21 Union Realty Co

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Additional Information

Name
Randy Porizek
License
01883952
Brokerage
Century 21 Union Realty
Title
Broker-Associate
Brokerage Address
23705 Crenshaw Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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