15,215 SF of level land zoned LACM. Perfect for multi-residential or commercial development. There is a home plus a few other older structures on the property. CORNER lot is ideal for development. Note new construction around the immediate area.
As of 4/26/23 the property next door at 1409 is also for sale. RARE opportunity to buy 2 side-by-side lots, both having rentable structures on them. Combined there is about 30,000 SF of land for current or future development. In the meantime, the onsite units can be rented out.
Sold for $1,060,000
Listed by: Engel & Volkers LA-South Bay • Nick Peters • Contact: 310-543-9999
Bought with: Engel & Volkers LA-South Bay
$1,060,000
1405 W 228th St #581, Torrance, CA 90501
--beds
--baths
0.35Acres
Unimproved Land
Built in ----
0.35 Acres Lot
$-- Zestimate®
$--/sqft
$2,940 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,940/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nick Peters DRE #00880972 310-308-2609,
Engel & Volkers LA-South Bay
Bought with:
Nick Peters, DRE #00880972
Engel & Volkers LA-South Bay
Source: CRMLS,MLS#: SB23052646
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 0.35 Acres
- Features: 0-1 Unit/Acre, Corner Lot, Irregular Lot, Level, Near Public Transit, Street Level, Value In Land
Details
- Parcel number: 7347014013
- Zoning: LACM
- Special conditions: Trust
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Torrance
Financial & listing details
- Date on market: 3/31/2023
- Cumulative days on market: 34 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $1,060,000-11.7% |
Source:  CRMLS #SB23052646 Report a problem | ||
| 8/2/2023 | Pending sale | $1,200,000 |
Source: CRMLS #SB23052646 Report a problem | ||
| 5/4/2023 | Contingent | $1,200,000 |
Source: CRMLS #SB23052646 Report a problem | ||
| 3/31/2023 | Listed for sale | $1,200,000 |
Source: CRMLS #SB23052646 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90501
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Nearby schools
GreatSchools rating
- 4/10Meyler Street Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Alexander Fleming Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10Humanities And Arts (HARTS) Academy Of Los AngelesGrades: 9-12Distance: 1.1 mi
- California
- Los Angeles County
- Torrance
- 90501
- 1405 W 228th St Unit 581
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