$2,999,000

Estimated payment $16,415/month

Total Views 17,347
0.9 Acre
$3,333,704 Price per Acre
39,187 Sq Ft Lot

About This Lot

A 39,188 SF of flat land in Torrance of Los Angeles County is ready for development. The subject land is near major freeways, shopping centers and residential areas. Its vast potential for Residential and Commercial Development includes provisions for affordable housing. An ideal high returns investment! Additional APN: 7407-016-023, 7407-016-046, 7407-016-008, 7407-016-009, 7407-016-010 Total Lot Size: 39,188 (SF) / .898 (A)
Utilities on Site • Zoning: LCM2 (IP) - M2 with Industrial Preservation. (Billboard passive income),The buyer and Buyer's agent will do their due diligence to obtain zoning and permit information.

Listing Agent

Victor Lam

Coldwell Banker-Campbell Rltrs Brokerage Phone: 714-469-8090 License #01245153 Listed on: 01/25/2025

Coldwell Banker-Campbell Rltrs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,234

Lot Details

  • 0.9 Acre Lot
  • Chain Link Fence
  • Flag Lot
  • 7407016023, 7407016046, 7407016008, 7407016009, 7407016010
  • Property is zoned LCM2*

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 3020
  • Assessor Parcel Number 7407016037
  • $521 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$5,234

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: LCM2*
  • Property Type: Land
  • Parcel Number: 7407016037
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 76.53

Exterior Features

  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7407016023, 7407016046, 7407016008, 7407016009, 7407016010
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Flag Lot
  • Lot Size Sq Ft: 39188.00
  • Lot Size Acres: 0.8996

Multi Family

  • Lot Size Area: 39188.0000 Square Feet

Tax Info

  • Tax Census Tract: 5436.05
  • Tax Lot: A
  • Tax Tract Number: 3020
  • TaxOtherAnnualAssessmentAmount: 521.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,234 $400,173 $352,872 $47,301
2024 $5,234 $392,327 $345,953 $46,374
2023 $5,090 $384,635 $339,170 $45,465
2022 $11,150 $377,094 $332,520 $44,574
2021 $4,690 $360,698 $309,170 $51,528
2020 $4,751 $365,054 $290,770 $74,284
2019 $4,631 $357,897 $285,069 $72,828
2018 $4,581 $350,880 $279,480 $71,400
2016 $1,098 $56,896 $52,370 $4,526
2015 $1,075 $56,043 $51,584 $4,459
2014 $1,076 $54,946 $50,574 $4,372
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2025 01/25/25 For Sale $2,999,000 +7.1% --
05/07/2019 05/07/19 Sold $2,800,000 -5.1% $3,233 / Sq Ft
04/29/2019 04/29/19 For Sale $2,950,000 +5.4% $3,406 / Sq Ft
11/28/2018 11/28/18 Off Market $2,800,000 -- --
08/16/2018 08/16/18 Pending -- -- --
05/23/2018 05/23/18 Price Changed $2,950,000 -9.2% $3,406 / Sq Ft
03/14/2018 03/14/18 For Sale $3,250,000 -- $3,753 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title Company
Grant Deed -- First American Title Company
Grant Deed -- Accommodation
Grant Deed $2,800,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25014313

California Regional Multiple Listing Service (CRMLS)

APN: 7407-016-037