Seller's Agent in 2024
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
(310) 849-9210
1 in this area
17 Total Sales
3828 W 226th St Torrance, CA 90505
South Torrance Neighborhood
0.45
Acre
$3,768,566
Price per Acre
19,650
Sq Ft Lot
About This Lot
As of December 2024Land 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-849-9210 License #00962565 Listed on: 10/05/2023
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-849-9210 License #00634672
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,182
Lot Details
- 0.45 Acre Lot
- Property fronts a private road
- Flag Lot
- Lot Sloped Down
- Property is zoned TORR-MH
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 454
- Assessor Parcel Number 7368002013
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Nov 21, 2024
Sold by
226Th St Homes Llc
Bought by
Torrance Luxury Landing Llc
Seller's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,500,000
Sold Price
$1,700,000
Premium/Discount to List
-$800,000
-32%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,000
Avg. Annual Appreciation
5.64%
Original Mortgage
$5,000,000
Outstanding Balance
$3,864,125
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
-$2,109,125
Purchase Details
Closed on
Dec 22, 2020
Sold by
Cup Of Gold Llc
Bought by
226Th St Homes Llc
Purchase Details
Closed on
Jan 1, 2008
Sold by
Lenihan Shirley R and Lenihan Joseph W
Bought by
Cup Of Gold Llc
Purchase Details
Closed on
Aug 8, 2007
Sold by
Lenihan Shirley R and Lenihan Joseph W
Bought by
Dillon Linda Lenihan
Purchase Details
Closed on
Apr 14, 1995
Sold by
Lenihan Michael R
Bought by
Lenihan Joseph W and Lenihan Shirley R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,700,000 | Commonwealth Land Title | |
| Grant Deed | $1,700,000 | Commonwealth Land Title | |
| Grant Deed | $1,200,000 | Wfg National Title Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $2,026,500 | None Available | |
| Interfamily Deed Transfer | $314,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | Construction | |
| Closed | $5,000,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Price Changed | $2,785 | +3.7% | $4 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $2,685 | -3.9% | $4 / Sq Ft |
| 05/08/2025 05/08/25 | For Rent | $2,795 | 0.0% | -- |
| 03/05/2025 03/05/25 | Off Market | $2,795 | -- | -- |
| 01/25/2025 01/25/25 | Price Changed | $2,795 | 0.0% | $4 / Sq Ft |
| 01/25/2025 01/25/25 | For Rent | $2,795 | 0.0% | -- |
| 12/02/2024 12/02/24 | Sold | $1,700,000 | 0.0% | $1,650 / Sq Ft |
| 01/31/2024 01/31/24 | Price Changed | $2,650 | +2.9% | $4 / Sq Ft |
| 12/06/2023 12/06/23 | Price Changed | $2,575 | -0.4% | $4 / Sq Ft |
| 11/29/2023 11/29/23 | Price Changed | $2,585 | -3.4% | $4 / Sq Ft |
| 11/23/2023 11/23/23 | Price Changed | $2,675 | -3.6% | $4 / Sq Ft |
| 11/15/2023 11/15/23 | For Rent | $2,775 | 0.0% | -- |
| 10/05/2023 10/05/23 | For Sale | $2,500,000 | 0.0% | $2,427 / Sq Ft |
| 08/30/2022 08/30/22 | Price Changed | $2,775 | +3.7% | $4 / Sq Ft |
| 06/07/2022 06/07/22 | For Rent | $2,675 | 0.0% | -- |
| 05/20/2022 05/20/22 | For Rent | $2,675 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,182 | $1,273,449 | $1,273,449 | -- |
| 2023 | $13,914 | $1,248,480 | $1,248,480 | $0 |
| 2022 | $13,729 | $1,224,000 | $1,224,000 | $0 |
| 2021 | $13,499 | $1,200,000 | $1,200,000 | $0 |
| 2020 | $1,277 | $109,871 | $109,871 | $0 |
| 2019 | $1,259 | $107,717 | $107,717 | $0 |
| 2018 | $1,229 | $105,605 | $105,605 | $0 |
| 2016 | $1,180 | $101,505 | $101,505 | $0 |
| 2015 | $1,155 | $99,981 | $99,981 | $0 |
| 2014 | $1,134 | $98,023 | $98,023 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Bush
-
Mike McKinney
Seller Co-Listing Agent in 2024
Mike McKinney
Lyon Stahl Investment Real Estate, Inc.
(310) 880-2900
1 in this area
15 Total Sales
-
Olga Wright
Buyer's Agent in 2024
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
1 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23180160
APN: 7368-002-013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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