$3,100,000
For Sale

951 W 223rd Street

Torrance, CA 90502
0.89 acres | #SB24213463
Listing OfficeApex Commercial Real Estate
Browse 11 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionRectangularLot, ValueInLand
      • Stories1
    • Measurements
      • Acres0.8922
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1954
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, SewerConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,100,000
  • Other
      • MLS #SB24213463

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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