Homes for sale - 1617 W 228th, Torrance, CA 90501

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JLee Broker

[email protected] +1(650) 857-1000

Listed by RASHID HAKIM • SPARKLE REALTY

$920,000

Est. payment - /mo

7,202 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV26012214

Lot Size 7,202 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

This LACM-zoned, unique property presents an excellent opportunity for a Builder or Developer to build-to-rent or sell residential condominium units utilizing the tri-level unit concept, or for commercial use. An outstanding feature of this property is its zoning, per the city of L.A. The City Planning Department has classified the zoning for this property as Commercial & Manufacturing LACM, which provides the Developer with an additional option to build a warehouse for storage, shipping, and receiving, along with offices on the second floor. This can be designed and constructed under the "Project By Right " without Planning Permission from the City of Los Angeles. The architect can guide the Developer through this process. The other dynamic project that can be developed, according to the City Planning Department, is a residential complex with 2, 3, 4, or more units. Consult with the LAHD for requirements. For separate water, sewer, electric, and gas meters, contact LADWP and the Gas Company. This redevelopment opportunity is located in the rapidly gentrifying areas of Torrance and the South Bay, featuring new housing, entertainment, restaurants, and expanding business opportunities. The property is zoned LACM and features a good-sized flat lot of 7,202 sq. ft., offering several

Location

State CA

County Los Angeles

Area 131 - West Torrance

Zoning D0

Exterior

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Building

Water District - Public

Others

Tax ID 7347016022

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1617 W 228th Torrance, CA 90501

JLee Broker

Key Details

Location

Exterior

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Others

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