951 W 223rd Street , Torrance, CA 90502
Torrance, CA 90502
Description
Major price reduction from $105 per square feet to $79.00 per square feet. Owner wants to see offers. Priced competitively for sale. Two parcels of industrial zoned land total of .89 acres with overlay which provides for high density housing development available for sale. Parcel one has address of 951 W 223rd Street Torrance PO. and is approx. 15,920 square feet. Parcel 2 is located at 22209 S. Vermont Ave. not visible from Vermont Street. and is approx. 22,946 square feet. The major benefit is upside potential for higher and best use development. One block South of Harbor UCLA 1.7 billion dollar expansion/replacement project. Adjacent to many new townhomes and also new apartment building developments. Huge potential upside for developer given the zoning and also the demand which will be created from the Harbor UCLA expansion. Please do not walk the site. Contact agent for video tour of the site.
Details
| Mls | SB24213463 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Subtype | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 51 |
| Listing Provided By | Apex Commercial Real Estate 310-377-3456 | Arnold Ng |
Features
| Sq Feet | 7,366 |
|---|---|
| Storys | 1 |
| Zoning | M1 |
| Acreage | 0.89 |
Market Activity 90502
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Torrance |
| Zip Code | 90502 |
| Area | 123 County Strip |
| Listing VS Median (in 90502) | |
Price: $3,100,000 low | high Med: $675,000 SqFt: 7,366 low | high Med: 1,652 $ / SqFt: $421 low | high Med: $409 On Site: 51 low | high Med: 185.000000 | |