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24248 Crenshaw Blvd
Torrance, CA 90505 Lomita

Price Upon Request

Office For Sale  •  10,911 SF

Property Details

  • Property Type Office
  • Total Building Size 10,911 SF
  • Lot Size 0.4 AC
  • Building Class B
  • Year Built 1962
  • Tenancy Multiple
  • Zoning LOMC*
31 Transit Score
82 Walk Score

Highlights

Executive office suites in courtyard style building in Torrance P.O. with Lomita zoning M-C light manufacturing + commercial
Prime location across from Crossroads Shopping Center with national tenants
High visibility property with high traffic count of 107,463 VPD (Vehicles Per Day)
Excellent investment to reposition through leasing vacant office suites and stabilizing the NOI
Potential for new development of retail / restaurant subject to C.U.P. (Conditional Use Permit)
PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY

Financial Summary (Proforma)

Net Operating Income: $153,813 USD (2023)
Total Expenses: $127,854 USD

Amenities

  • Bus Line
  • Courtyard

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 20 min - 12.2 mi
Los Angeles International 21 min - 13.7 mi
Bob Hope 51 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes