$3,100,000
951 W 223rd ST Torrance, CA 90502
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$3,100,000
Est. payment /mo
0.89 Acres Lot
Price Dropped by $1.0M
951 W 223rd ST Torrance, CA 90502
UPDATED:
10/25/2024 10:03 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24213463
HOA Y/N No
Year Built 1954
Lot Size 0.892 Acres
Property 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.
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.
Location
State CA
County Los Angeles
Area 123 - County Strip
Zoning M1
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Electricity Available, Sewer Connected
Roof Type Asphalt
Building
Lot Description Rectangular Lot, Value In Land
Story 1
Water Public
Others
Tax ID 7344004021
Special Listing Condition Standard
Listed by Arnold Ng • Apex Commercial Real Estate • 3107149500
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