Torrance CA Real Estate & Land for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB26103393
Type:
Land
Lot size:
0.4 Acres
Listed by Lyon Stahl Investment Real Estate, Inc. Cameron Samimi
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ADDITIONAL INFORMATION

958 W 222nd St offers a compelling development opportunity in the West Carson/Torrance PO area, positioned on a deep 17,452 SF lot with existing 2-unit improvements and Specific Plan zoning. The property is offered at $1,200,000, or approximately $68.76/SF of land, pricing the site below local comparable land sales and giving developers an attractive basis to work through design, entitlement, and construction planning. While the full depth may not be efficiently developable all the way to the rear, that is already reflected in the price-per-foot. The rear portion can potentially be used for parking, circulation, open space, landscaping, or a communal resident amenity area, giving the site added utility beyond the main building envelope. The feasibility study identifies the site as Specific Plan West Carson R-4, with a density range of approximately 50–150 units per acre, translating to an estimated 19 to 57 units before final design, entitlement, parking, and site planning review. Development is noted as not restricted by FAR, with height limited to 4 stories / 50 feet. The surrounding area is also seeing meaningful investment, including a large development project immediately next door, supporting the long-term story for the location and future housing demand. Property currently consists of 2 units which will be delivered fully vacant at close of escrow which also provides a great land banking opportunity for an owner user. Current units are livable but are for a value-add investor as current condition would need updating and is not move in ready.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Torrance Real Estate

Torrance is located in California. Torrance, California has a population of 147,156. Torrance is more family-centric than the surrounding county with 36.28% of the households containing married families with children. The county average for households married with children is 30.99%.

The median household income in Torrance, California is $100,215. 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 Torrance is 42.2 years.

Torrance Weather

The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.

Torrance Map

Torrance Real Estate Market Conditions

  • Median sales price

    $1,037,500
    15.4%
    change since last quarter
  • # Active listings

    401
    30-day change

Torrance Schools and Demographics

Education near Torrance, CA

City County
High School Graduates 94.7 80.04
College Degree - 2 year 8.51 7.04
College Degree - 4 year 52.31 34.04
Graduate Degree 12.89 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Torrance, CA

Grades Students P/T Ratio ZIP
Anza Elementary School KG - 05 636 26.5 90503
Arlington Elementary School KG - 05 565 25.5 90504
Edison Elementary School KG - 05 528 26.4 90504
Evelyn Carr Elementary School KG - 05 351 25.1 90504
Fern Elementary School KG - 05 577 26.2 90503
Halldale Elementary School KG - 05 542 22.6 90501
Hickory Elementary School KG - 05 913 25.4 90505
Howard Wood Elementary School KG - 05 366 24.4 90501
John Adams Elementary School KG - 05 423 26.4 90501
Joseph Arnold Elementary School KG - 05 733 25.2 90505
Lincoln Elementary School KG - 05 436 25.6 90504
Meyler Street Elementary School KG - 05 788 23.9 90502
Riviera Elementary School KG - 05 645 26.6 90505
Seaside Elementary School KG - 05 603 26.1 90505
Torrance Elementary School KG - 05 520 26 90501
Towers Elementary School KG - 05 615 26.7 90503
Van Deene Avenue Elementary School KG - 06 393 21.8 90502
Victor Elementary School KG - 05 978 25.7 90503
Walteria Elementary School KG - 05 657 27.2 90505
Yukon Elementary School KG - 05 309 26 90504

Middle Schools near Torrance, CA

Grades Students P/T Ratio ZIP
Bert M. Lynn Middle 06 - 08 773 27 90503
Calle Mayor Middle School 06 - 08 770 26 90505
Casimir Middle School 06 - 08 697 25.7 90504
Edward J. Richardson Middle 06 - 08 691 26.9 90505
J. H. Hull Middle 06 - 08 711 24.8 90501
Jefferson Middle School 06 - 08 585 26.8 90503
Madrona Middle School 06 - 08 690 28.1 90503
Philip Magruder Middle School 06 - 08 588 27.3 90504

High Schools near Torrance, CA

Grades Students P/T Ratio ZIP
North High School 09 - 12 1,956 25.9 90504
South High School 09 - 12 2,132 24 90505
Torrance High School 09 - 12 2,113 27 90501
West High School 09 - 12 2,088 26.2 90503

Ungraded Schools near Torrance, CA

Grades Students P/T Ratio ZIP
* Gene Drevno Community Day School 07 - 12 21 20.4 90501
* Shery (Kurt T.) High (Continuation) 09 - 12 148 22.3 90501
Launch Preschool UG - UG 0 90505

Demographics near Torrance, CA

City County
Neighborhood Type
Population 147,156 10,019,635
Population Density 7,186 2,469
Median Age 42.2 37
People per Household 2.6 2.9
Median Household Income 100,215 76,367
Average Income per Capita 49,624 37,924

Real estate near Torrance