$2,175,000
$2,250,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 02/26/2024
Key Details
Sold Price $2,175,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23036743
Sold Date 02/26/24
HOA Y/N No
Year Built 1960
Lot Size 0.275 Acres
Property 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.
Location
State CA
County Los Angeles
Area 132 - N Torrance - West
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Roof Type Flat
Total Parking Spaces 22
Building
Lot Description Corner Lot, Paved
Story 2
Water Public
Others
Tax ID 4091018023
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Thomas Luong • Superior Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "