This Retail Property is no longer advertised on LoopNet.com.

1611 Crenshaw Blvd
Torrance, CA 90501
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,730 SF
Building Class
C
Year Built/Renovated
1961/2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.33 AC
Zoning
C2, Torrance
Parking
19 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
140’ on Sonoma St

About 1611 CRENSHAW BLVD , TORRANCE, CA 90501

GREAT INVESTMENT OPPORTUNITY OR OWNER USER PROPERTY HIGHLIGHTS • EXCELLENT STREET VISIBILITY - Built on the corner lot of Crenshaw Blvd. and Sonoma St. - High traffic count of 40,640 cars per day along Crenshaw Blvd. - Proximity to Del Amo Fashion Center, one of the largest shopping malls in the US. • IN-FILL LOCATION IN HIGH INCOME AREA - Torrance has minimal available land for new construction • PAD SITE FOR ADDITIONAL DEVELOPMENT OF 900SF RETAIL / OFFICE BUILDING - Plan for Construction of additional 900SF building was approved by the City in 2003 (Page 7) • UPSIDE OPPORTUNITY - Tenants are on month-to-month lease contract and the new owner can adjust the rent at the market rate or use his/her own business • TENANTS’ LONGEVITY - Flower shop and PO Box Service have been in the property for over 30 years and the other two units have been occupied by the owner for over 10 years FOR MORE INFORMATION OR OFFERING MEMORANDUM, PLEASE CONTACT SOLIDON REAL ESTATE.

Property Taxes

Property Taxes

Parcel Number
7362-033-058
Land Assessment
$1,338,620
Improvements Assessment
$515,323
Total Assessment
$1,853,943
  • Listing ID: 14722259

  • Date on Market: 12/27/2018

  • Last Updated:

  • Address: 1611 Crenshaw Blvd, Torrance, CA 90501

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