For Sale
$10,000,000

1925 Crenshaw Blvd Torrance, CA 90501

2.54 Acres, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 2.54-acre development site presents a unique investment opportunity in the highly desirable Torrance, California market. Located at 1925 Crenshaw Blvd, on the northwest corner of Crenshaw Boulevard and Plaza del Amo, this property boasts a prime location with excellent visibility and accessibility. Currently zoned M2 (Heavy Manufacturing) with a General Plan Land Use designation of C-Gen (General Commercial), the site offers considerable flexibility for a variety of development projects. The property's current use includes a 25-space mobile home park (Allstate Trailer Village, approximately 1.28 acres) and a parking lot leased to the United States Postal Service (approximately 1.26 acres), with the USPS lease expiring November 11, 2025, and no renewal options. The surrounding area is predominantly residential, featuring established communities with densities ranging from 8 to 22 dwelling units per acre, indicating strong potential for residential or mixed-use development. The site itself features flat topography, a rectangular shape, and multiple points of access, making it highly conducive to development. Its strategic location offers proximity to excellent schools, shopping, entertainment, and beaches, further enhancing its appeal. This infill site in a supply-restricted market presents a rare opportunity to capitalize on the strong demand for development in the South Bay area. The property is offered at $10,000,000, translating to approximately $90.41 per square foot of land. APN: 7359-027-017, 018. Zip code: 90501. Los Angeles County, CA.

Highlights

  • 2.54-acre development site in Torrance, CA.
  • M2 (Industrial) zoning; General Plan Land Use is C-Gen (General Commercial).
  • Surrounded by residential areas with densities of 8-22 dwelling units per acre.
  • Currently occupied by a 25-space mobile home park and a USPS parking lot (lease expiring 11/11/2025).
  • Offered at $10,000,000.

Property Details for 1925 Crenshaw Blvd

Property type
Land, Industrial properties
Lot Size (sq. ft)
110,642 SF

Location Insight

City
Torrance
County
Los Angeles
State
California
Latitude
33.826938470889
Longitude
-118.32850983319

FAQs

What type of property is this?
Land - 2.54 Acres, Prime Location
Where is the land located?
The property is located at 1925 Crenshaw Blvd Torrance, CA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 2.54-acre development site in Torrance, CA.; M2 (Industrial) zoning; General Plan Land Use is C-Gen (General Commercial).; Surrounded by residential areas with densities of 8-22 dwelling units per acre.
How can I contact the broker?
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1925 Crenshaw Blvd
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