Torrance CA Land for Sale
$3,500,000
20320 Normandie Avenue Torrance, CA 90502
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.62 Acres
- Baths:
- MLS#:
- SB24115401
ADDITIONAL INFORMATION
Nestled amidst the vibrant commercial nexus of Los Angeles County, this expansive parcel of land spanning 26,852 square feet presents a rare and refined opportunity. Situated in proximity to thriving offices, major freeways, and an expansive shopping center, its location embodies prime real estate desirability. What sets this offering apart is its remarkable potential for Residential Development. With the capacity to erect 31 units of market-rate housing as of right, or ingeniously leverage density bonuses to expand the project to a lavish 47 units, including provisions for affordable housing, the prospects for a lucrative return on investment are undeniable. Noteworthy are recent exemplars of success in the vicinity, such as the esteemed townhome communities along Western Avenue by Schiappa Homes and in North Torrance on 182nd Street by Lennar. In these developments and surrounding locales like Gardena & Harbor City, discerning buyers have eagerly embraced sophisticated living spaces, driving sales figures well beyond the $800,000 mark. Furthermore, the predominantly flat terrain of this parcel not only simplifies development logistics but also enhances the allure of investment potential. For those with a keen eye for opportunity and a penchant for sophisticated ventures, this offering beckons as a beacon of potential prosperity. For further insights into this distinguished opportunity, we invite you to engage with us at your earliest convenience.
$5,000,000
22102 Normandie Avenue Torrance, CA 90502
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.88 Acres
- Baths:
- MLS#:
- SB24109612
ADDITIONAL INFORMATION
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!
$1,849,000
Fiat Street Torrance, CA 90502
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Baths:
- MLS#:
- CRSB22053999
View additional info
Courtesy: Matthew Hoffman Real Estate
ADDITIONAL INFORMATION
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.
Torrance Real Estate
The median home value in Torrance, CA is $662,800. This is lower 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 $662,800. Approximately 67.68% of Torrance homes are owned, compared to 25.35% rented, while 6.98% 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 90502 has a population of 22,024. Torrance 90502 is less family-centric than the surrounding county with 27.05% 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 90502 is $84,914. 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 90502 is 45.4 years.
Torrance Weather
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 47.1 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.