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1629 Crenshaw Blvd 2,324 SF Office Building Torrance, CA 90501 $1,450,000 ($623.92/SF)
Executive Summary
Feels Like New! A Great Opportunity to Own Good Size (2,324 sqft) Single-Story, Standalone Building with Big Parking Lot, Either for Owner-Use or Investment, Located in Heart of Torrance with Easy Egress and Ingress! Well Maintained Property But Recently Substantial Upgrading Completed Such As New HVAC (March 2026), New Roof (May 2026), and Termite Clearance Work (Feb 2026). Plenty of Parking Space in Rear off Crenshaw, Over 7,000 sqft of Lot. Currently Owner Been Using for Dental Office Since 2000. The Building Consists of a Front Desk, a Waiting Area, a Main Office, 4 Operatory Rooms, a X-Ray Room, a Bathroom, and a Common Area! Building 'Type' is the Medical Building. Sellers Will Exercise 1031 Exchange Program! Hurry! It won't Last Long!
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$30.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$30.98
|
| Taxes |
$16,000
|
$6.88
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,000
|
$6.88
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $30.98 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $30.98 |
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $6.88 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $6.88 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,324 SF
Building Class
C
Year Built
1947
Price
$1,450,000
Price Per SF
$623.92
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,324 SF
Building FAR
0.33
Lot Size
0.16 AC
Zoning
C2, City of Torrance - Type: Medical Building Land Use: Medical/ Dental Building
Parking
9 Spaces (3.87 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Sunflower Family Dentistry
- Health Care and Social Assistance
- -
- $2.58
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Sunflower Family Dentistry | Health Care and Social Assistance | - | $2.58 | Triple Net | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7362-033-006 | Total Assessment | $378,093 (2025) |
| Land Assessment | $263,689 (2025) | Annual Taxes | $16,000 ($6.88/SF) |
| Improvements Assessment | $114,404 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
7362-033-006
Land Assessment
$263,689 (2025)
Improvements Assessment
$114,404 (2025)
Total Assessment
$378,093 (2025)
Annual Taxes
$16,000 ($6.88/SF)
Tax Year
2024
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1629 Crenshaw Blvd
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