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958 W 222nd, Torrance, CA, 90502

958 W 222nd, Torrance, CA, 90502

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$1,200,000
New Listing

958 W 222nd
Torrance, CA 90502

For Sale|Land|Active
County:
Los Angeles
Listed by Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. cameron@lyonstahl.com
Call Now: (562) 396-9877
Is this the listing for you? We can help make it yours.
(562) 396-9877
958 W 222nd958 W 222nd958 W 222nd958 W 222nd
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Monthly Payment (Est.)

$5,475
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958 W 222nd St offers a compelling development opportunity in the West Carson/Torrance PO area, positioned on a deep 17,452 SF lot with existing 2-unit improvements and Specific Plan zoning. The property is offered at $1,200,000, or approximately $68.76/SF of land, pricing the site below local comparable land sales and giving developers an attractive basis to work through design, entitlement, and construction planning. While the full depth may not be efficiently developable all the way to the rear, that is already reflected in the price-per-foot. The rear portion can potentially be used for parking, circulation, open space, landscaping, or a communal resident amenity area, giving the site added utility beyond the main building envelope. The feasibility study identifies the site as Specific Plan West Carson R-4, with a density range of approximately 50–150 units per acre, translating to an estimated 19 to 57 units before final design, entitlement, parking, and site planning review. Development is noted as not restricted by FAR, with height limited to 4 stories / 50 feet. The surrounding area is also seeing meaningful investment, including a large development project immediately next door, supporting the long-term story for the location and future housing demand. Property currently consists of 2 units which will be delivered fully vacant at close of escrow which also provides a great land banking opportunity for an owner user. Current units are livable but are for a value-add investor as current condition would need updating and is not move in ready.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4006 Acres
Year Built 
N/A
MLS® Number 
SB26103393
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoStatus changed to Active
12 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
0.4006
Additional Property Use 
Multi-Family
Land Lease 
No
Special Circumstances 
Standard
Water Source 
Public
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Exterior Features
Fencing 
Chain LinkNone
View 
None
Waterview 
None
Community Features
Financing Terms Available 
CashFHA1031 Exchange
MLS Area 
135 - South East Torrance - East


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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