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1870 W 218th Street

Torrance, CA 90501

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  • 0.22 Acres
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$2,650,000

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JB Real Estate & Investment Inc.
Real Estate Group
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Description

1870 W 218th St and 1745-1747 Border Ave is an exciting development opportunity located in the heart of Old Town Torrance. The property currently consists of four (4) 1-bed/1-bath units situated on a 9,606 SF lot, 2,280 SF of office space situated on a 6,273 SF lot, and a 6,274 SF parking lot. The owners have started the entitlement process to build twenty-two (22) new apartment units along with 1,314 SF of office read more space. The unit mix for the proposed development plan is to build six (6) 1-bed/1-bath units, ten (10) 2-bed/1-bath units, and six (6) 2-bed/2-bath units. The plan also includes twenty-two (22) on-site parking spaces that will generate an estimated $4,500 a year in additional income.

Key Details

Property Info

  • Cost: $2,650,000
  • Acres: 0.2205
  • MLS #: SB20009185

Location

1870 W 218th Street Torrance, CA 90501
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Agent

JB Real Estate & Investment Inc.
Real Estate Group

Mortgage Calculator

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance.
$1,299
Monthly Payment

Listing Providers

This listing is courtesy of the listing agent Brett Lyon (#SBLYONBRE), with the office Lyon Stahl Investment Real Estate, Inc..
Copyright 2020 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on Feb 14th, 2020.

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JB Real Estate & Investment Inc.
Real Estate Group
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