$2,500,000
Accepting Backup Offers

3828 226th Street W

Torrance, CA 90505
0.45 acres | #SB23180160
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Purchase
Structure:Land
Zone:Residential

Description

Land development opportunity, entitled 10-unit townhome project. The project can be built as a for RENT or for SALE project. The 19,646 square foot site is located at 3828 W. 226th Street, in the highly desirable Southwood Riviera neighborhood of Torrance, California. (Note: The vacant parcel is located behind an existing apartment complex and can be accessed on the west side of the apartment complex).
This centrally located site is zoned R-3 “Multiple Family Residences” and is conditionally approved for 10-townhome style units. The full set of plans have gone through the 1st submittal with the City of Torrance and the development is very near building permit ready (RTI) and is estimated to be completed in 2 months. Site design and conditions of approval are available upon request.
Each proposed townhome style unit features 2 bedroom 2.5 baths with +/- 1,132 square feet of living space, a large outdoor patio and +/- 478 square feet of garage space. A community Hot Tub and BBQ area are included in the approved plans.
The site is Ideally situated west of Hawthorne Boulevard and is near to all the best that the South Bay area has to offer. With an 88 “Very Walkable” Walk Score, most errands can be accomplished on foot. This prime Torrance location enjoys proximity to parks, entertainment venues, highly rated Torrance schools and hospitals, major employers, local beaches, and many more desirable South Bay amenities, including the nearby Del Amo Fashion Center, the 6th largest shopping mall in the United States, featuring a plethora of top-end shopping and dining options. The location is also within walking distance to the transportation corridors of Hawthorne and Sepulveda Boulevard and within easy access to Interstates 405, 110 and 91.

  • Property Details
      • Lot DescriptionSlopedDown, FlagLot
    • Measurements
      • Acres0.4511
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourceSeeRemarks
      • Utility FeaturesSeeRemarks
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,500,000
  • Other
      • MLS #SB23180160

Location

Diana HernandezReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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