$750,000
$625,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,081 SqFt
SOLD DATE : 07/28/2025
Key Details
Sold Price $750,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,081 sqft
Price per Sqft $693
MLS Listing ID SW25153063
Sold Date 07/28/25
Bedrooms 3
Full Baths 1
Year Built 1947
Property Sub-Type Detached
Property Description
Investor & Developer Opportunity! This rare property, located in the heart of the South Bay in Torrance, California, offers a powerful combination of M1 Light Industrial zoning and the newly adopted Housing Corridor Overlay, unlocking an incredible range of development and income-producing possibilities. The overlay allows for residential uses such as single-family, two-family, multi-family residences, condos, apartments, and senior housing, with the potential to add an ADU. At the same time, the zoning permits extensive commercial flexibility, including restaurants (full-service, fast-food, take-out, limited service), bakeries, coffee shops, delis, dessert shops, as well as professional and medical offices, dental clinics, retail banks, credit unions, personal services, personal improvement services, veterinary clinics, and animal hospitals. Whether you're looking to build a mixed-use project, convert to multifamily housing, or develop a specialized commercial site, this property provides a strategic canvas supported by favorable zoning and city planning overlays. Situated near five of Southern Californias most iconic beaches El Segundo Beach, Hermosa Beach, Manhattan Beach, Redondo Beach, and Torrance Beachthis location is unmatched for a future family or investors seeking a mix of coastal living and urban access. The property is also close to high-demand amenities such as Starbucks, Sprouts, Target, Albertsons, In-N-Out, Walmart, and highly rated local restaurants, along with major retail hubs like Kohls and financial institutions, including Chase Bank and California Ban
Location
State CA
County Los Angeles
Direction From I-110 and SR-91 Merge onto Gardena Fwy Westbound, Turn right onto S Western Ave, and turn left onto 166th St
Interior
Fireplace No
Appliance Dryer, Microwave, Washer, Gas & Electric Range, Gas Oven, Gas Stove, Water Purifier
Laundry Washer Hookup
Exterior
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
Water Access Desc Public
Roof Type Asphalt
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 4094009039
Special Listing Condition Standard
Read Less Info
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