1925 Crenshaw BlvdTorrance, CA 90501

  • Residential income properties
  • 960 SF
For Sale
$10,000,000 View listing

Property Details for 1925 Crenshaw Blvd

Year built
1947
Lot size
1.54 AC
Property size (Sq ft)
960 SF
Zone code
TOMC-GEN
Property type
Residential income properties
Property subtype
Mobile home & RV parks
APN
7359-027-017
APU
7359027017

Description

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.

1925 Crenshaw Blvd, Torrance, California

Location Insight

City
Torrance
County
Los Angeles
State
California
Latitude
33.8278
Longitude
-118.329
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,158
$418,201
$1,173
$419,374
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