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Listed by Scott J. Briscoe • Re/Max Estate Properties
$ 3,100,000
Est. payment | /mo
0.9 Acres Lot
$ 3,100,000
Est. payment | /mo
0.9 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-23172329
Lot Size 0.898 Acres
Property Description
39,118 Square Feet of land comprised of Six (6) parcels. Located at 1213 Sepulveda, Torrance CA: Commercial Land Development opportunity in Torrance, California. oThe property is adjacent to new multifamily and retail developments. oLocated on Sepulveda Blvd., a major thoroughfare, the property has excellent visibility and high traffic count. oAnnual Average Daily Traffic is 49,018 oMultiple Ingress and Egress Points o Utilities on Site o Large Lot w/ High Visibility & Signage on Sepulveda Blvd. o Zoning: LCM2 (IP) - M2 with Industrial Preservation. (most industrial uses possible) (Commercial Retail and Carwash prohibited under the IP zone.) o Passive Billboard Income (lease is Mo to Mo) o Existing Improvement: 1213 Sepulveda Blvd: SFR 6 adjoining APNs: 7407-016-037; 7407-016-023; 7407-016-046; 7407-016-008; 7407-016-009; 7407-016-010
Location
State CA
County Los Angeles
Area South East Torrance - East
Zoning LCM2*
Exterior
Community Features Curbs, Sidewalks, Street Lights, Urban
View Y/N Yes
Building
Lot Description Corner Lot, Level, Lot 20000-39999 Sqft, Rectangular Lot, Tear Down