Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
310-425-9838
Land development opportunity, entitled 10-unit townhome project. The project can be built as a for RENT or for SALE project. The 19,646 square foot site is located at 3828 W. 226th Street, in the highly desirable Southwood Riviera neighborhood of Torrance, California. (Note: The vacant parcel is located behind an existing apartment complex and can be accessed on the west side of the apartment complex). This centrally located site is zoned R-3 “Multiple Family Residences” and is conditionally approved for 10-townhome style units. The full set of plans have gone through the 1st submittal with the City of Torrance and the development is very near building permit ready (RTI) and is estimated to be completed in 2 months. Site design and conditions of approval are available upon request. Each proposed townhome style unit features 2 bedroom 2.5 baths with +/- 1,132 square feet of living space, a large outdoor patio and +/- 478 square feet of garage space. A community Hot Tub and BBQ area are included in the approved plans. The site is Ideally situated west of Hawthorne Boulevard and is near to all the best that the South Bay area has to offer. With an 88 “Very Walkable” Walk Score, most errands can be accomplished on foot. This prime Torrance location enjoys proximity to parks, entertainment venues, highly rated Torrance schools and hospitals, major employers, local beaches, and many more desirable South Bay amenities, including the nearby Del Amo Fashion Center, the 6th largest shopping mall in the United States, featuring a plethora of top-end shopping and dining options. The location is also within walking distance to the transportation corridors of Hawthorne and Sepulveda Boulevard and within easy access to Interstates 405, 110 and 91.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.4511
Lot Size Source: Assessor
Lot Size Square Feet: 19650
Original List Price: 2,500,000
Listing Contract Date: 2023-09-26
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7368002013
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: 129 - South Torrance
Directions: Hawthorne Blvd, west on 226th Street. The parcel is behind an apartment building, walk through access on unpaved driveway on the west side
Zoning: TORR-MH
Source Property Type: Land
Area: 129 - South Torrance
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
25535 Hawthorne Blvd, Torrance, CA,90505 | $995,000 | -- | -- | -- | 43603.56 Sqft |
2550 Pacific Cost Highw.., Torrance, CA,90505 | $275,000 | 2 | 1 | 897 | -- |
22881 Nadine Circle #B, Torrance, CA,90505 | $490,000 | 2 | 2 | 1,117 | 326249 Sqft |
3711 W 224th Street, Torrance, CA,90505 | $1,175,000 | 3 | 2 | 1,135 | 5023 Sqft |
2550 Pacific Coast High.., Torrance, CA,90505 | $219,000 | 2 | 2 | 1,248 | -- |
24524 Park Street, Torrance, CA,90505 | $710,000 | 2 | 1 | 878 | 30474 Sqft |
4069 Bluff Street, Torrance, CA,90505 | $1,325,000 | 3 | 2 | 1,508 | 5035 Sqft |
25624 Rolling Hills Way, Torrance, CA,90505 | $1,999,000 | 5 | 2 | 3,204 | 6190 Sqft |
2664 Clarellen Street, Torrance, CA,90505 | $2,000,000 | 4 | 3 | 2,698 | 6366 Sqft |
25624 Rolling Hills Way, Torrance, CA,90505 | $1,999,000 | -- | -- | 3,204 | 6109 Sqft |
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ByOwner last updated this listing 05/25/2024 @ 09:50
MLS: SB23180160
LISTED BY: Nancy Bush, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.