Build your dream home with unblockable city views from this rear vacant lot. This 9,435 sqft lot located in the heart of Torrance, complete with its own APN, is primed for development in the heart of a vibrant and growing community. Nestled in a residential neighborhood known for its warm community feel, the lot offers an exceptional opportunity to create a custom home or investment property with unbeatable privacy.  The rear lot is accessed by an already established easement on existing driveway on the front property. The purchase price includes existing geological reports, natural hazard report, survey and unapproved plans for 2 units. Water, sewer, and utility lines to the property are already in place. Imagine the possibilities—whether you envision a primary residence, a cozy rental property, or a creative investment project, this lot provides the foundation for exceptional value. Don’t miss this unique chance to design and build to your heart’s content in an ideal location!
LOCATION! LOCATION! Great Opportunity to build your new Home here in Torrance, CA. Prime Land in a residential area of Torrance – City that enjoys a pleasant year-round climate with warm temperatures, sea breezes, low humidity and an average of rainfall of 12.55 inches per year. This Land is surrounded by existing built single-family homes, utilities are located on the street! Discover the perfect opportunity to build your dream property on this expansive Land in the prestigious area of Torrance. This Unique Parcel offers a lot size of 7,200.8, making it a standout choice for discerning buyers and investors alike. As one of the last remaining Prime Lots in the area, this property presents a lucrative investment opportunity with potential for significant value appreciation. Don't miss out on this rare chance to secure a piece of prime real estate in The City of Torrance.
The median home value in Torrance, CA is $1,038,700. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Torrance, CA is $1,038,700. Approximately 51.47% of Torrance homes are owned, compared to 41.84% rented, while 6.69% 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 90501 has a population of 147,156. Torrance 90501 is more family-centric than the surrounding county with 36.57% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Torrance, California 90501 is $100,215. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Torrance 90501 is 42.2 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.