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$1,399,999
Est. payment /mo
4,579 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,579 sqft
Price per Sqft $305
MLS Listing ID 26851399
Year Built 1951
Tax Year 2025
Lot Size 7,078 Sqft
Acres 0.1625
Property Sub-Type Retail
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. 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.
Location
State CA
County Los Angeles
Area North Torrance West
Zoning TOCC-GEN
Building
Story 1
Others
Special Listing Condition Standard
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Listed by Marcus & Millichap
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