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Commercial storefront labeled Smoke Shop, with an Under New Management sign and parking in front.
Commercial smoke shop building with a large sign and accessible parking spaces in front.
White smoke shop at a street corner, with rooftop signage and vehicles parked in front.
Building exterior with a large silver roll-up garage door and adjacent black slatted gate.
Commercial storefront with a large Smoke Shop sign, Under New Management banner, and pool-supply flag.
Retail store interior with stocked shelves, glass display cases, and a red ceiling.
Retail shop interior with glass display cases, packed merchandise, and a red ceiling.
Convenience store interior with stocked shelves, glass display cases, and a red-and-black ceiling.
Bathroom with a gray vanity, wood-framed mirror, and white marble-look tile.
Pool supply store interior with stocked shelves, pool equipment, and a large aquarium.
Pool supply store interior with blue filter units and shelves of chemicals and equipment.
Bathroom with a gray vanity, marble-look countertop, large mirror, and white tiled walls.
Street-facing smoke shop with a curved glass storefront and palm trees.
Curved glass smoke shop storefront on a landscaped corner beside a wide road.
Aerial view of a white smoke shop on a street corner, with palm trees and a small parking lot.
Aerial view of 18750 Crenshaw near the 405 Freeway, with commercial buildings and surrounding homes.
Aerial view of a commercial intersection, with an arrow pointing toward a Starbucks.
Aerial view of a rounded corner commercial building beside a wide multilane road and vacant lot.
Aerial view of a rounded-roof commercial building beside open land and a busy intersection.
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Listed by Randall Porizek CA DRE# 01883952 with Century 21 Coastal Properties 310-972-9111
$1,600,000

18750 Crenshaw

2,275 Sq.Ft. 5,069 Sq.Ft.

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.

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Location

18750 Crenshaw, Torrance, CA 90504

Status

For Sale

Property Amenities

Interior
Laundry room None
Area & Lot
Total area 2,275 Sq.Ft.
Lot Area 5,069 Sq.Ft.
Living area 2,275 Sq.Ft.
MLS® ID SB26090164
Year Built 1962
Type Commercial
Status For Sale
Exterior
Stories 1
Heat type Central
Water Source Public
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Features Corner Lot, Irregular Lot, Near Park, Near Public Transit, Street Level
Roof Flat, Rolled/Hot Mop
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
Finance
Sales Price $1,600,000
Kevin Porizek

Kevin Porizek

TITLE

REALTOR®

Commercial smoke shop building with a large sign and accessible parking spaces in front.
White smoke shop at a street corner, with rooftop signage and vehicles parked in front.
Building exterior with a large silver roll-up garage door and adjacent black slatted gate.
"18750 Crenshaw Blvd. offers a compelling opportunity to acquire a stabilized, income-producing retail/office asset with clear upside potential."

— Kevin Porizek

Commercial smoke shop building with a large sign and accessible parking spaces in front.

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Schedule a Showing

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Thank you for your interest in 18750 Crenshaw, Torrance, CA 90504. We are reviewing your request and will be in touch shortly!

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