18727 Crenshaw Boulevard, Torrance, CA 90504

$1,499,999
3
BD
3
BA
4,579
SqFt

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List Price
$1,499,999
Price Change
▼ $50,001 1784671442
Status
ACTIVE
MLS#
26850983
Year Built
1951
Bedrooms
3
Bathrooms
3
Living Sq. Ft
4,579
Lot Size
7,071
Acres
0.16
Days on Market
36
Property Type
Multifamily
Stories
One Level

Property Description

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. 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.

Additional Information

Pool Description
None
Heat
None
View
None
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: David Estrada (David.Estrada@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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