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24248 Crenshaw Blvd 10,911 SF 92% Leased Office Building Torrance, CA 90505 $5,513,884 CAD ($505.35 CAD/SF) 5.56% Cap Rate
EXECUTIVE SUMMARY
• 43.9% of tenants already meet or exceed target rents
• Diverse tenant base: musicians, therapists, content creators, e-commerce
• Unit sizes: 100–650 SF
• Low turnover, long-term user appeal from various industries
• SBA 504 eligible – potential 90% financing for owner-users
• Music production studios
• Executive creative office suites with privacy features
• Retail components for lifestyle or specialty use
• Headquarters for creative companies
• Creative office space for e-commerce, digital agencies, and remote teams
• Podcasting and content creation rooms
• Wellness offices: therapy, massage, sound healing
• Independent fashion, design, and product studios
• Diverse tenant base: musicians, therapists, content creators, e-commerce
• Unit sizes: 100–650 SF
• Low turnover, long-term user appeal from various industries
• SBA 504 eligible – potential 90% financing for owner-users
• Music production studios
• Executive creative office suites with privacy features
• Retail components for lifestyle or specialty use
• Headquarters for creative companies
• Creative office space for e-commerce, digital agencies, and remote teams
• Podcasting and content creation rooms
• Wellness offices: therapy, massage, sound healing
• Independent fashion, design, and product studios
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,911 SF
Building Class
B
Year Built
1962
Price
$5,513,884 CAD
Price Per SF
$505.35 CAD
Cap Rate
5.56%
NOI
$306,354 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,456 SF
Slab To Slab
10’
Building FAR
0.63
Lot Size
0.40 AC
Zoning
LOMC* - M-C zoning (Light Manufacturing & Commercial). This zoning allows a broad range of light industrial, commercial and retail uses.
Parking
14 Spaces (1.28 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Courtyard
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
$675-$975 Monthly, Full Service.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 175-900 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 175-900 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 175-900 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
$675-$975 Monthly, Full Service.
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 7376-001-021 | Improvements Assessment | $1,168,377 CAD |
| Land Assessment | $2,190,708 CAD | Total Assessment | $3,359,085 CAD |
PROPERTY TAXES
Parcel Number
7376-001-021
Land Assessment
$2,190,708 CAD
Improvements Assessment
$1,168,377 CAD
Total Assessment
$3,359,085 CAD
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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24248 Crenshaw Blvd
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