For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,700,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23180160
Sold Date 12/02/24
HOA Y/N No
Lot Size 0.451 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 129 - South Torrance
Zoning TORR-MH
Interior
Fireplace No
Exterior
Community Features Street Lights
Utilities Available See Remarks
View Y/N No
View None
Building
Lot Description Sloped Down, Flag Lot
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 7368002013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
GET MORE INFORMATION
Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692