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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 Type(s):
Commercial
| Last Updated | 10/25/2024 | Year Built | 1954 |
|---|---|---|---|
| Community | County Strip | County | Los Angeles |
Price History
| Prior to Oct 25, '24 | $4,100,000 |
|---|---|
| Oct 25, '24 - Today | $3,100,000 |
Additional Details
| AREA | County Strip |
|---|---|
| CONSTRUCTION | Frame |
| LOT | 0.89 acre(s) |
| LOT DESCRIPTION | Rectangular Lot, Value In Land |
| STORIES | 1 |
| UTILITIES | Electricity Available,Sewer Connected |
| WATER | Public |
| ZONING | M1 |
Location
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Listed with Apex Commercial Real Estate
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