951 W 223Rd Street, Torrance, CA 90502

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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.


Interior Features

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

Listing Information

Address 951 W 223Rd Street
City Torrance
State CA
Zip 90502
County Los Angeles
Listing Agent Arnold Ng DRE #01057946
Courtesy Of Apex Commercial Real Estate
List Price $3,100,000
Status Active
Type Commercial
Subtype Industrial
Structure Size N/A
Lot Size 38,866
Year Built 1954

Listing information courtesy of: Arnold Ng, Apex Commercial Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 10:03 PM 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.