| Primary address | 24451 Crenshaw Boulevard, Torrance |
| Alternate address(es) | 24427 Crenshaw Blvd 24515 Crenshaw Blvd |
| Zip code | 90505 |
| County | Los Angeles |
| Municipality | Torrance |
| Neighborhood | Walteria |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/23/2002 |
| Sale price | $36,883,368 |
| Arm's length | Register |
| Current property tax | $629,735 |
| Building sqft | 121,156 |
| Total sqft | 128,631 |
| Building class | Shopping Center (Neighborhood, Community) - One Story (1500) |
| Acreage | 15.23
|
| Buildings on lot | 2 |
| Year built | 1991 |
| Year last altered | 1992 |
| Stories | 1 |
| Zoning district | Register |
| Weed hazard | No |
| School district | Torrance Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Shopping Center (Neighborhood, Community) - One Story (1500) located at Torrance Crossroads - 24451 Crenshaw Boulevard, Torrance, CA 90505 has a total of 121,156 square feet and a current price per square foot of $304.
What is the year built & the current market value of Torrance Crossroads - 24451 Crenshaw Boulevard, Torrance, CA 90505?Torrance Crossroads - 24451 Crenshaw Boulevard, Torrance, CA 90505 was built in 1991 and has a current tax assessor's market value of $54,487,613.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 03/10/2021 |
| Last updated | 05/18/2026 |
Torrance Crossroads is strategically positioned at the signalized intersection of Crenshaw Boulevard and Lomita Boulevard, one of the most heavily trafficked retail corridors in the South Bay. The property benefits from exceptional visibility, high daily traffic counts, and immediate access to major regional arterials including Pacific Coast Highway and the 110 Freeway. This premier trade area draws from dense, affluent residential neighborhoods including Torrance, Rolling Hills Estates, and Palos Verdes, supported by strong daytime population from nearby medical centers, office users, and industrial employment hubs. The center sits within a dominant retail cluster featuring Costco, Sam’s Club, Lowe’s, and numerous national retailers, driving consistent daily consumer traffic. With average household incomes exceeding $140,000 within a 3-mile radius and a population base approaching 450,000 within 5 miles, this location is ideal for high-frequency retail uses including quick-service food, dessert concepts, wellness-oriented users, and specialty retail.Now available: End Cap ±1,772 SF second-generation food / beverage / bakery -oriented retail space at Torrance Crossroads, a dominant South Bay power center anchored by The Home Depot and Vons. The space features existing plumbing infrastructure including floor drains and multiple sinks, making it ideally suited for a wide range of light food, dessert, and beverage concepts that do not require a full kitchen hood or grease interceptor. Positioned within a high-performing retail environment with strong national co-tenancy including Sam’s Club, In-N-Out Burger, Chick-fil-A, and Wells Fargo, the site benefits from consistent daily traffic and strong crossover demand. Ideal uses includ juice and smoothie concepts, acai bowls, bakeries, dessert concepts, ice cream, snack concepts, or other specialty food users. The space is also well suited for select service retail uses seeking a high-traffic End Cap location. This is a rare opportunity to secure a partially improved food-capable space in one of Torrance’s most established retail corridors with reduced buildout requirements.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 24667-E/F | Power Center | $66/Sqft/Year | 1,772 | Aaron Guido |
Create a free account to view the complete sales history for 24451 Crenshaw Boulevard, Torrance, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 08/23/2002 | $36,883,368 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Torrance Crossroads - Torrance Crossroads - 24451 Crenshaw Boulevard, Torrance, CA 90505. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $601,162 |
| Current property tax | $629,735 |
| Market value | $54,487,613 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 06205 | County Sanitation District #5 | Register |
| 03694 | La County Regional Park And Open Space District | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 00170 | Los Angeles County Trauma/Emerg Srvs | Register |
| 31051 | Mwd Water Standby Charge #11 | Register |
Here's the assessment & property tax history for 24451 Crenshaw Boulevard, Torrance, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $54,487,613 | 1.1033 | $601,162 | +1.41% |
| 2024-2025 | $53,419,230 | 1.1097 | $592,793 | +1.96% |
| 2023-2024 | $52,371,795 | 1.1101 | $581,379 | +1.36% |
| 2022-2023 | $51,344,898 | 1.1171 | $573,574 | +1.69% |
| 2021-2022 | $50,338,136 | 1.1205 | $564,039 | +1.56% |
The complete history of permits filed for 24451 Crenshaw Boulevard, Torrance, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Torrance so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Torrance and compare it to other neighborhoods in Los Angeles County.
Check out recently sold homes in Torrance and see how their prices compare.
| Total population | 35,148 |
| Median age | 44.4 |
| Average household income | $152,921 |
| Family households | 66.7% |
| Occupied housing units | 13,776 |
| Owner occupied units | 55.8% |
| Average number of people per household | 2.53 |
| Median year structure built | 1965 |
| Median value for units with a mortgage | $1,243,100 |
| Median value for units without a mortgage | $1,121,600 |
Create a free account to unlock extended information for 24451 Crenshaw Boulevard, Torrance, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 24451 Crenshaw Boulevard, Torrance to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for Torrance Crossroads - 24451 Crenshaw Boulevard, Torrance.