3828 226th ST W

Torrance,CA 90505

$ 2500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB23180160

Lot Size 0.451 Acres

Property Description

Land development opportunity, entitled 10-unit townhome project. The project can be built as a for RENT or for SALE project. The 19,646 square foot site is located at 3828 W. 226th Street, in the highly desirable Southwood Riviera neighborhood of Torrance, California. (Note: The vacant parcel is located behind an existing apartment complex and can be accessed on the west side of the apartment complex).

This centrally located site is zoned R-3 “Multiple Family Residences” and is conditionally approved for 10-townhome style units. The full set of plans have gone through the 1st submittal with the City of Torrance and the development is very near building permit ready (RTI) and is estimated to be completed in 2 months. Site design and conditions of approval are available upon request.

Each proposed townhome style unit features 2 bedroom 2.5 baths with +/- 1,132 square feet of living space, a large outdoor patio and +/- 478 square feet of garage space. A community Hot Tub and BBQ area are included in the approved plans.

The site is Ideally situated west of Hawthorne Boulevard and is near to all the best that the South Bay area has to offer. With an 88 “Very Walkable” Walk Score, most errands can be accomplished on foot. This prime Torrance location enjoys proximity to parks, entertainment venues, highly rated Torrance schools and hospitals, major employers, local beaches, and many more desirable South Bay amenities, including the nearby Del Amo Fashion Center, the 6th largest shopping mall in the United States, featuring a plethora of top-end shopping and dining options. The location is also within walking distance to the transportation corridors of Hawthorne and Sepulveda Boulevard and within easy access to Interstates 405, 110 and 91.

Location

State CA

County Los Angeles

Area 129 - South Torrance

Zoning TORR-MH

Exterior

Community Features Street Lights

Utilities Available See Remarks

View Y/N No

View None

Building

Lot Description Sloped Down,Flag Lot

Water See Remarks

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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