951 W 223Rd Street

Torrance, CA 90502

PRICE REDUCED

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-$1,000,000 (-24.39%)

$3,100,000

List Price

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1954

calendar_month Built

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.

Listing Information

List Price $3,100,000
Status Active
MLS SB24213463
Type Commercial
Subtype Industrial
Year Built 1954
Lot Size 38,866
Structure Size N/A
DOM 11
Courtesy Of Apex Commercial Real Estate
Listing Agent Arnold Ng DRE#01057946

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
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Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Arnold Ng, Apex Commercial Real Estate 310-377-3456. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 6:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.