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18051 Crenshaw Boulevard

Torrance, 90504

0 Bd
0 Ba
11,994 Lot
$2,175,000 SOLD Price | Closed 2/26/24
Closed Status
59 Days on Market
Jun 24 First Day Active
$2,300,000 Start Price

Description

The Crenshaw Office Building, conveniently locates near the 405 Freeway off/on ramps (new ramps should be finished soon) along the Prime Commercial Corridor of Crenshaw Boulevard in City of Torrance. Great location between Downtown LA(Fw101), West LA, Long Beach and Orange County. The Subject Property is just North of the 405 Freeway between 181st Street and 180th Place next to McDonald's! Across street from US Post Office and LAND value is Priceless!! Great potential by investing in the location. This Prime Location has a 35,000 Daily Traffic Count and High Visibility with 107' front by Crenshaw Blvd on Corner Lot. Large Lot Size with abundant parking and plenty of street parking! The current configuration features 9 offices and are Fully Occupied. Pride of ownership. Long time tenants: Attorney, Beauty Shop, Home Schooling, Meditation Station, Nail Salon, Prayer Group, Psychiatrist and Women Clinic. Ideal for Owner/User as well - change into whatever you have in mind.

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Property Details for 18051 Crenshaw Boulevard

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Richard Tsao
Listing Brokered By
New Century Prop. & Inv.
Type
Commercial Sale, Office
Year Built
1960 (Assessor)
MLS Area
132 - N Torrance - West

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
59 DOM
Combined DOM*
59
First Date Active
June 24th, 2023
Closing Date
February 26th, 2024
Sold Price
$2,175,000
Orig. List Price
$2,300,000
MLS® #
SB23036743
APN
4091018023
Special
Standard

Room Information

Laundry
None

Exterior Information

Lot Description
Corner Lot, Paved
Lot Size (sq. ft.)
11,994
Lot Size (acres)
0.28
Roof
Flat
Parking Spaces
22

Utilities Information

Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Water Source
Public

Additional Information

Buyer's Brokerage Fee
3.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
132 - N Torrance - West
City/State
Torrance
Zip Code
90504
County
Los Angeles
# of Units
9
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Listing/Price History

18051 Crenshaw Boulevard, Torrance, (MLS® #SB23036743)

Date Details Price Change
Closed $2,175,000
Active Under Contract (from Active)
Price Reduced (from $2,300,000) $2,250,000 $50,000 (2.17%)
First Day Active $2,300,000
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Listing Summary

Quick Summary of 18051 Crenshaw Boulevard: This home in Torrance is priced at $2,250,000 . The Office residence was originally built in 1960 and was listed on June 24th, 2023 at $2,300,000, showing 59 Days on Market currently. Contact Dave Fratello today for more information or to go see 18051 Crenshaw Boulevard.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 6:40pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.