Millman Team Real Estate

$1,600,000
0.12 Acre Lot

18750 Crenshaw, Torrance, California 90504

  • Commercial Sale Property Type
  • 1962 Year Built
Property 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.

Basic Details
Commercial Sale
For Sale
SB26090164
$1,600,000
1962
0.12 Acre
Active
Retail
: Flat, Rolled/Hot Mop
Features
: Central
: None
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities, Cable Connected, Phone Connected
$0
Address Map
CA
Los Angeles
Torrance
90504
Crenshaw
18750
W119° 40' 24''
N33° 51' 35.2''
Located on Crenshaw Blvd. just north of 190th St.
133 - N Torrance - East
TOCC-GEN
Additional Information
$0
$0
$0
$0
$0
2275
Accounting,Arts and Entertainment,Administrative and Support,Aquarium Supplies,Advertising,Barber/Beauty,Clothing,Computer,Education/School,Financial,Gift Shop,Home Cleaner,Hobby,Health Services,Jewelry,Locksmith,Multi-Tenant,Music,Professional/Office,Other,Printing
: Park
: Commercial, Investment, Improved
Standard
1
: Irregular Lot, Near Park, Corner Lot, Near Public Transit, Street Level
3
2026-04-26
1
: Public
Broker/Agent Information
Century 21 Coastal Properties
Randall Porizek
Listing Information
Kevin Porizek
sporikev
S4331
Century 21 Coastal Properties
SBPORIRAN
S4331
Cash,Conventional,1031 Exchange,Submit
Active
2026-04-26T19:37:07Z
CRMLS
: Standard
2026-04-26T12:30:03Z
Agent info
Ray Millman
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