958 W 222nd, Torrance, CA 90502

Listed by Cameron Samimi, from Lyon Stahl Investment Real Estate, Inc.
(If provided) CoList: Michael Padilla from Lyon Stahl Investment Real Estate, Inc.

List Price
$1,200,000
MLS#
CRSB26103413
Status
ACTIVE
Lot Size
17,452
Listing Area
699 - Not Defined

Property Description

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. Proper

Additional Information

Garage Parking
Other
Laundry Facilities
None
Lot Size
17,452
Neighborhood
699 - Not Defined
Numberof Units
2
Pool Description
None
Unincorporated Yn
Yes

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