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Listed by RASHID HAKIM • SPARKLE REALTY
$ 925,000
Est. payment /mo
Active
1617 W 228th Street Torrance, CA 90501
813 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 813 sqft
Price per Sqft $1,137
MLS Listing ID CRIV25120553
HOA Y/N No
Year Built 1954
Lot Size 7,202 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
This wonderful, unique property presents an excellent opportunity for a Builder or Developer to build to rent or sell residential condominium units utilizing the tri-level unit concept. Or commercial use. An outstanding feature of this property is its zoning; per the L.A. City Planning Department has classified the zoning for this property as Commercial & Manufacturing LACM, which provides the developer with an additional option to build a warehouse for storage, shipping, and receiving, along with offices on the second floor. This can be designed and constructed under the  "Project By Right without Planning Permission from the City of Los Angeles. The architecture can guide the developer through this process.  The other dynamic project that can be developed, according to the City Planning Department, is a residential complex with 2, 3, 4, or more units. Consult with the LAHD for requirements. For separate water, sewer, electric meters, and gas lines, contact LADWP and the Gas Co.  This redevelopment opportunity is located in the rapidly gentrifying areas of Torrance and the South Bay, featuring new housing, entertainment, restaurants, and expanding business opportunities. The property is zoned LACM, with a good-sized flat lot of 7,202 sq. ft., offering several options. Pleas
Location
State CA
County Los Angeles
Interior
Heating Other
Fireplace No
Building
Water Public
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