18750 Crenshaw BlvdTorrance, CA 90504

Property Details for 18750 Crenshaw Blvd

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

2,480 SF

Zone code

TOCC-GEN

Property type

Office buildings

APN

4090-020-009

APU

4090020009

Description

This well-maintained, newly refreshed free-standing retail/office building at 18750 Crenshaw Boulevard in Torrance, CA, offers 2,275 square feet of versatile space on a 0.12-acre lot. The building features three suites and a storage area, strategically located on a high-traffic corner near Crenshaw Boulevard and 190th Street. Two of the three suites are currently occupied under month-to-month leases, presenting an opportunity for SBA financing if a buyer intends to occupy at least 51% of the space. The storage area generates additional income via a current tenant. The property benefits from excellent visibility and accessibility due to its proximity to the 405 Freeway and a newly constructed Starbucks. One suite offers approximately 1,280 square feet of open floor plan space with a private bathroom and abundant natural light, suitable for various configurations. Ample parking is available. This prime location is ideal for businesses seeking high visibility and convenient access in the thriving Torrance market.

• CAP approach

  CAP return

  Valuation

  6%

  $788,263

  6.5%

  $727,627

  7%

  $675,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $598,325

  Geo Method

  $598,325

• Alternative Use

  Use

  Valuation

  Residential

  $902,258

  Hospitality

  $826,464

  Educational

  $687,608

  Medical

  $711,256

  Retail

  $1,069,612

Location Insight

City

Torrance

County

Los Angeles

State

California

Latitude

33.8598

Longitude

-118.327

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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