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20320 Normandie Avenue
Torrance CA 90502 US

$3,500,000

Active Listing ID SB24115401
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Lot: 26,852.00 Square Feet
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$3,500,000

Active Listing ID SB24115401
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20320 Normandie Avenue Nestled amidst the vibrant commercial nexus of Los Angeles County, this expansive parcel of land spanning 28, 852 square feet presents a rare and refined opportunity. Situated in proximity to thriving offices, major freeways, and an expansive shopping center, its location embodies prime real estate desirability. What sets this offering apart is its remarkable potential for Residential Development. With the capacity to erect 31 units of market-rate housing as of right, or ingeniously leverage density bonuses to expand the project to a lavish 47 units, including provisions for affordable housing, the prospects for a lucrative return on investment are undeniable. Noteworthy are recent exemplars of success in the vicinity, such as the esteemed townhome communities along Western Avenue by Schiappa Homes and in North Torrance on 182nd Street by Lennar. In these developments and surrounding locales like Gardena & Harbor City, discerning buyers have eagerly embraced sophisticated living spaces, driving sales figures well beyond the $800, 000 mark. Furthermore, the predominantly flat terrain of this parcel not only simplifies development logistics but also enhances the allure of investment potential. For those with a keen eye for opportunity and a penchant for sophisticated ventures, this offering beckons as a beacon of potential prosperity. For further insights into this distinguished opportunity, we invite you to engage with us at your earliest convenience.

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Property Features

  • Facts
  • Lot Size: 26,852.00 Square Feet
  • Property Type: Land
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Community Features Included: Biking, Park, Sidewalks, Street Lights, Urban

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 3500000
  • unparsedaddress: 20320 Normandie Avenue
  • postalcity: Torrance
  • stateorprovince: CA
  • country: US
  • postalcode: 90502
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.61643709825528
  • lotsizeunits: Square Feet
  • lotsizearea: 26852
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.845922
  • longitude: -118.298878
  • listagentfullname: Amie Shepard
  • listagentemail: amie90250@gmail.com
  • listagentkey: 3yd-MRMLSCA-SSHEPAMI
  • listagentmlsid: SSHEPAMI
  • listagentpreferredphone: 3106864544
  • listagentofficephone: 3105418000
  • listofficekey: 3yd-MRMLSCA-SB1301220
  • listagentstatelicense: 01882892
  • listofficemlsid: SB1301220
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • listingcontractdate: 2024-06-12
  • listagenturl: https://www.westshoresrealty.com
  • countyorparish: Los Angeles
  • parcelnumber: 7350014053
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Biking, Park, Sidewalks, Street Lights, Urban
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.29888, 33.84592
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"West Shores Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amie90250@gmail.com", "ListBrokerageCity":"Rolling Hills Estates", "ListBrokerageCountry":"US", "ListBrokerageEmail":"amir@westshorescorp.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"West Shores Realty", "ListBrokeragePhone":"(310) 541-8000", "ListBrokeragePostalCode":"90274", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"449 Silver Spur Rd.", "ListBrokerageWebsiteUrl":"https://www.westshoresrealty.com", "ListOfficeAddress1":"449 Silver Spur Rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SBAIKHAMI", "ListOfficeCity":"Rolling Hills Estates", "ListOfficeCountry":"US", "ListOfficeEmail":"amir@westshorescorp.com", "ListOfficePostalCode":"90274", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Land/Lot - Torrance, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/20320-Normandie-Ave_Torrance_CA_90502_M23014-68567?f=listhub&s=MRMLSCA&m=SB24115401&c=rexren", "MLSModificationTimestamp":"2024-11-20T00:01:19Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/20/2024 3:14:06 PM GMT
Source Updated Date: 11/24/2024 6:57:30 AM GMT

Courtesy of: Amie Shepard, West Shores Realty, Inc., amie90250@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.