Torrance, CA 90501,1617 W 228th ST
Torrance, CA 90501,1617 W 228th ST
Torrance, CA 90501,1617 W 228th ST
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$920,000
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7,200 Sqft Lot
Active

1617 W 228th ST Torrance, CA 90501

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Maxwell Siderman

Maxwell Siderman

+1(619) 769-9789

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25120553

HOA Y/N No

Year Built 1954

Lot Size 7,200 Sqft

Property Sub-Type Multi Family

Property Description

This LACM-zoned, 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 for commercial use. An outstanding feature of this property is its zoning, per the L.A. City Planning Department it 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 architect 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, and gas meters, contact LADWP and the Gas Company.

 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. Please verify all zoning, permits, and allowed usage for your plans.

 The current structure is an SFR with two bedrooms and one bathroom, a professionally managed and maintained unit. The property was recently upgraded. This provides the Developer an excellent opportunity to collect rent while working with the City Offices on all the formalities towards their new project. The location is perfect, close to San Pedro Port, as well as freeways 110, 105, 710, and 10—also, major thoroughfares like Western Avenue, Crenshaw, and Hawthorne Boulevard. Excellent development opportunity for multi-family housing, for rent or sale. Please call to schedule an appointment.

Location

State CA

County Los Angeles

Area 131 - West Torrance

Interior

Heating Central

Cooling Gas

Fireplace No

Laundry In Garage

Exterior

Fence Cross Fenced, Fair Condition

Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Phone Available

Present Use Residential,Single Family

Total Parking Spaces 3

Building

Lot Description 0-1 Unit/Acre, Level, Rectangular Lot, Yard

Story 1

Water Public

Others

Tax ID 7347016022

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by RASHID HAKIM SPARKLE REALTY [email protected]

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Walteria Elementary

    Public | KG - 5

  • 10

    Dapplegray Elementary

    Public | KG - 5

  • 9

    Hickory Elementary

    Public | KG - 5

  • 8

    Lomita STEAM Magnet

    Public | KG - KG

  • 8

    John Adams Elementary School

    Public | KG - 5

  • 8

    232nd Place Elementary

    Public | KG - 5

  • 8

    Carson Street Elementary

    Public | KG - 5

  • 7

    Fern Elementary School

    Public | KG - 5

  • 7

    Howard Wood Elementary School

    Public | PK - 5

  • 7

    Torrance Elementary

    Public | PK - 5

  • 7

    Harry Bridges Span School

    Public | KG - 8

  • 6

    Eshelman Avenue Elementary School

    Public | 1 - 5

  • 6

    186th Street Elementary

    Public | PK - 5

  • 6

    Halldale Avenue School

    Public | KG - 5

  • 6

    Van Deene Avenue Elementary

    Public | KG - 6

  • 6

    Catskill Avenue Elementary School

    Public | KG - 5

  • 6

    Towne Avenue Elementary

    Public | KG - 5

  • 5

    Harbor City Elementary School

    Public | KG - 5

  • 5

    Caroldale Learning Community

    Public | KG - 8

  • 5

    Gulf Avenue Elementary

    Public | KG - 5

Middle Schools 9
  • 8

    Magruder Middle School

    Public | 6 - 8

  • 7

    Madrona Middle School

    Public | 6 - 8

  • 6

    J. H. Hull Middle School

    Public | 6 - 8

  • 6

    Fleming Middle School

    Public | 6 - 8

  • 5

    White Middle School

    Public | 6 - 8

  • 4

    Wilmington STEAM Magnet

    Public | 6 - 8

  • 0

    Switzer Learning Center

    Private | 6 - 12

  • 0

    Gene Drevno Community Day

    Public | 7 - 12

  • 0

    Rolling Hills Preparatory School

    Private | 6 - 12

High Schools 15
  • 9

    Harbor Teacher Preparation Academy

    Public | 9 - 12

  • 8

    Torrance High School

    Public | 9 - 12

  • 7

    Carson Academy of Medical Arts High School

    Public | 9 - 12

  • 6

    Academies of Education & Empowerment at Carson High School

    Public | 9 - 12

  • 5

    Humanities & Arts (HArts) Academy of Los Angeles

    Public | 9 - 12

  • 5

    Narbonne High School

    Public | 9 - 12

  • 4

    Carson High STEAM School

    Public | 9 - 12

  • 0

    Ambassador High School

    Private | 9 - 12

  • 0

    Southern California Roc

    Public | 10 - 12

  • 0

    Shery (Kurt T.) High (Continuation)

    Public | 9 - 12

  • 0

    Pacific Lutheran High School

    Private | 9 - 12

  • 0

    George S. Patton Continuation

    Public | 9 - 12

  • 0

    Freeman Enrichment Center

    Private | 12 - 12

  • 0

    Eagle Tree Continuation

    Public | 9 - 12

  • 0

    Avalon High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Maxwell Siderman

Maxwell Siderman

Agent | License ID: 02212130

+1(619) 769-9789

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1617 W 228th ST