Active

21821 Harvard Boulevard

Torrance, CA 90501

$2,200,000 $9,275/Mo

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Overview

16,867

Sqft(Lot)

Description

Subject to Cancellation of Current Escrow. Rare shovel-ready RTI development opportunity for a 21 unit apartment project on approximately 16,800 sq ft of land across three legally merged lots (approx. 240 ft X 70 ft) on a flat corner site. The property includes Ready-to-issue (RTI) plans, allowing a buyer to step directly into a project that has taken over 5 years of entitlement work-significantly reducing development timeline, carrying costs, and risk. Located within a designated Opportunity Zone, this property offers incredible tax advantages for builders/developers/investors. The site has been fully cleared, legally vacated, and graded flat, with NO affordable housing requirement. A buyer may proceed with the existing multi-family plans or explore alternative development opt ions, including 10 potential fee-simple lot configurations under SB 684. Strategically located within 1 block of Western Avenue and 2 blocks south of Carson Street, close to public transportation, Harbor UVLA Medical Center. Shopping, dining, and schools, and approximately 5.5 miles from Redondo Beach and the pier. RTI has been extended to 8/28/26 by the Los Angeles Building Department.

Property Details

Property Type : Land

Price : $2,200,000

AD Id : 76990444

MLS Id : SB26077322

Lot Size : 16,867 Sqft(Lot)

County : Los Angeles

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Features

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3872
Lot Size Source: Assessor Lot Size Square Feet: 16867

Listing Price Information

Original List Price: 2,200,000 Listing Contract Date: 2026-04-09
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7346004024

Other Property Info

Source Listing Status: Active Source Neighborhood: 122 - Harbor Gateway Directions: South of Carson St, just east of Western Ave Zoning: LAR3 Source Property Type: Land Area: 122 - Harbor Gateway

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ByOwner last updated this listing 06/07/2026 @ 20:12

MLS: SB26077322 LISTED BY: Steve Schloeder, Bonanza Realty 310-327-0555 SOURCE: CRMLS