RARE NEW development opportunity in Torrance. 3 connected parcels totaling 38,165 sqft. 22102, 22042, 22040 Normandie Ave. The new owner can build 1 SFR + 1 SFR + 2 Detached ADUs + 1 Attached ADU per parcel. 5 new units per parcel with a total of 15 units. This meets all the criteria in the SB9 summary. 22102 Normandie has a lot size of 24,554 sqft. 22040 Normandie has a lot size of 7,026 sqft. 22042= 6,585 sqft. Buyer to verify all information. IF YOUR LOOKING TO DEVELOP AND BUILD NEW CONSTRUCTION IN TORRANCE, THIS MAY BE YOUR OPPORTUNITY!
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.
39,118 Square Feet of land comprised of Six (6) parcels. Located at 1213 Sepulveda, Torrance CA: Commercial Land Development opportunity in Torrance, California. •The property is adjacent to new multifamily and retail developments. •Located on Sepulveda Blvd., a major thoroughfare, the property has excellent visibility and high traffic count. •Annual Average Daily Traffic is 49,018 •Multiple Ingress and Egress Points • Utilities on Site • Large Lot w/ High Visibility & Signage on Sepulveda Blvd. • Zoning: LCM2 (IP) - M2 with Industrial Preservation. (most industrial uses possible) (Commercial Retail and Carwash prohibited under the IP zone.) • Passive Billboard Income (lease is Mo to Mo) • Existing Improvement: 1213 Sepulveda Blvd: SFR 6 adjoining APNs: 7407-016-037; 7407-016-023; 7407-016-046; 7407-016-008; 7407-016-009; 7407-016-010
Amazing opportunity for development in beautiful Torrance, California. Flat, graded lot and Plans for four incredible townhome style condos, one with a detached ADU. Ready to build with a beautiful flat, graded lot, and plans with public utilities already set to go. Each future unit is designed for 3000 square feet. Opportunities like this are rarely available in this excellent residential area. Walking distance to schools and shops. Wonderful Torrance location and school district. Quiet residential neighborhood close to the Freeway, Beach, Harbor UCLA Medical Center, Del Amo Mall and much more.
Great Opportunity.
The median home value in Torrance, CA is $937,500. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Torrance, CA is $937,500. Approximately 51.67% of Torrance homes are owned, compared to 42.45% rented, while 5.88% are vacant. Torrance real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Torrance real estate agent to arrange a tour today!
Torrance, California has a population of 147,190. Torrance is more family-centric than the surrounding county with 35.35% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Torrance, California is $85,070. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Torrance is 41.7 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of 47 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.