18727 Crenshaw Boulevard
Torrance, CA, 90504 $ 1,550,000
Bedrooms-- Baths-- Sq 4,579 Listed by Marcus & Millichap
for $1,550,000. This 4,579 square foot property was built in 1951 on a lot size of 0.1623.
Prime Crenshaw Blvd retail frontage in Torrance with strong daily traffic, excellent visibility, and close proximity to major South Bay corridors and dense residentialneighborhoods. Multi-tenant mixed-use opportunity offering stable income potential, a flexible tenant mix, and long-term upside through rent growth, lease-up, or repositioning in a proven retail market. The property includes 3,000 square foot of retail, a 1,000 square foot 3 Bed/1 Bath residential unit and 579 square feet of vacant office space. The vacant space and MTM leases for the two existing tenants provide immediate lease up potential and an opportunity to increase occupancy and cash flow. The current tenants are MTM. Strategically located South Bay asset near major employers, schools, and established residential communities, providing durable tenant demand and consistentcustomer traffic. Minutes from the 405, 91, and 110 Freeways, offering excellent regional connectivity and convenient access for employees, customers, and commuters throughout Los Angeles County. Benefiting from a strong daytime workforce driven by the South Bay's aerospace, healthcare, logistics, and technology sectors. Presents significant upside potential for investors through future rent growth and value-add opportunities, while also offering a rare owner-user opportunity to potentially occupy the entire property over time in one of the South Bay's most established commercial corridors.
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FeaturesGeneralZoning TOCC-GEN
HOA Fee 0
Year Built 1951
Tax Year 2025
County Los Angeles
Net Operating Income 52137
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Situated near the intersection of Crenshaw Boulevard and 190th St in close proximity to the I-405 freeway.
City Torrance
Number Of Units Total 3
MLS Area 132 - N Torrance - West
Lot Size Units Square Feet
Lot Size Square Feet 7071
Lease Type Modified Gross
Standard Status Active
Cap Rate 3.36
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InteriorTotal Stories 1
Entry Level 1
Total Baths 0
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ExteriorTotal Parking 0
Lot Size Area 7071
Number of Buildings 1
Building Area Total 4579
Lot Size Acres 0.1623
Lot Size Source Other
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* Excluded FeaturesList ByDavid.Estrada@marcusmillichap.comEmail
NearbyAbout Torrance, CA 145,215 Population
5% Since 2002
$ 83,626 Median Income
43.39 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/23/2026 | $1,550,000 | | Listed Price |