Exceptional infill development opportunity in the heart of Lomita, just outside Torrance and near Rolling Hills Country Club. This expansive 20,625 sq ft flat parcel is zoned R-2 (Medium Density Residential) and supports approximately 9 residential units (19.79 DU/acre) with a .60 FAR, allowing for roughly 12,375 buildable square feet. The property is currently improved with a single-family structure; however, highest and best use is redevelopment. The lot features flat topography and substantial frontage, offering flexibility for townhomes or multi-unit residential design (buyer to verify all development standards including parking, setbacks, landscaping, and access requirements). Strong redevelopment activity in the immediate area supports the opportunity. Nearby projects have successfully replaced single-family homes with multi-unit townhome developments, with resale values approaching the high $900,000s per unit. Located minutes from Torrance, Palos Verdes, major employment centers, shopping, dining, and freeway access, this site benefits from strong end-buyer demand for new construction in the South Bay. Opportunities of this size and zoning are increasingly rare. Bring your architect, contractor, and vision.
Lomita is located in California. Lomita, California has a population of 20,884. Lomita 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 Lomita, California is $85,852. 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 Lomita is 39.5 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
