NOT LISTED FOR SALE
0.65 Acre
-- Price per Acre
28,488 Sq Ft Lot

Last Sold April 28, 2015

Last sale price $2,000,000

36 Days on Market

Highlights

  • 0.65 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Howard Wood Elementary School Rated A-

About This Lot

As of April 2015

ATTENTION DEVELOPERS INVESTORS PRIME "REAL TORRANCE" FOR SALE PROXIMATELY 28500 SQ FT OF LAND SUITABLE FOR NEW HOUSES, NEW TOWN HOMES, OFFICE RETAIL WITH A SHOPPING CENTER CURRENTLY PRODUCING GROSS ANNUAL INCOME $107K PER YEAR
COLLECT RENT WHILE YOU ENTITLE SUBJECT TO A ZONE CHANGE FROM C-5 TO R-P AND OTHER APPROVALS CHECK WITH THE CITY
PERFECT LOCATION CLOSE TO EVERYTHING TORRANCE PROPER WITH ALL THE GREAT SCHOOLS, POLICE AND FIRE DEPARTMENTS EMERGENCY SERVICES TWO OF THE BEST HOSPITALS IN THE COUNTRY SHOPPING EMPLOYMENT BEACHES AND GREAT PROPERTY VALUES
RARE OPPORTUNITY TO OWN A PRIME BLOCK TO CLOCK PROPERTY SUITABLE FOR ALL KINDS OF USES, RETAIL, OFFICE OR RESIDENTIAL
PERFECT FOR DETACHED PATIO HOMES SHOPPING CENTER MIXED USE BUSINESS CENTER OR USE YOUR IMAGINATION
INCLUDES APN 7371-017-029 AND 7371-017-030 PROBATE SALE BUT NO COURT CONFIRMATION REQUIRED
CALL THE CITY OF TORRANCE PLANNING DEPARTMENT TO CONFIRM POSSIBLE USES
DO NOT DISTURB TENANTS CALL LISTING BROKER FOR SHOWING

Last Agent to Sell the Property

Douglas Maupin

Maupin Realtors License #00761109 Listed on: 10/01/2014

Last Buyer's Agent

Douglas Maupin

Maupin Realtors License #00761109 Listed on: 10/01/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,781

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 212x135
  • Partially Fenced Property
  • Fence is in poor condition
  • The property's topography is fairly flat
  • Property is zoned C-5, R-3

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1&2 / 2668
  • Assessor Parcel Number 7371017029

Property Details

Property Type

Land

Est. Annual Taxes

$2,781

Lot Details

0

Listing Details

  • Inclusions: ALL REAL PROPERTY
  • Current Use Comments: SHOPPING CENTER
  • Improvements: OLDER SHOPPING CENTER WITH $107K ANNUAL INCOME
  • Ingress Egress: 4 EXITS ENTRANCES
  • Possible Use Comments: RESIDENTIAL COMMERCIAL INTUITIONAL
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Survey: Buyer Pays
  • View: No
  • Zoning: C-5
  • Zoning Description: R-3
  • Property Type: Land
  • Parcel Number: 7371017029
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 70.18

Exterior Features

  • Fencing: Poor Condition, Partial
  • Trees: SOME

Utilities

  • Utilities: Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Topography: FAIRLY FLAT
  • Current Geological: No
  • Lot Size: 212X135
  • Lot Size Sq Ft: 28500.00
  • Lot Size Acres: 0.6540

Multi Family

  • Lot Size Area: 28500.0000 Square Feet

Tax Info

  • Tax Area: 9-332
  • Tax Block: 2668
  • Tax Lot: 1&2
  • Tax Rate: 1.20
  • Tax Annual Amount: 2781.00
  • Tax Year: 2013

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $2,000,000 -16.6% --
11/06/2014 11/06/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $2,399,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14218345

California Regional Multiple Listing Service (CRMLS)