1617 W 228th Street
Torrance, CA, 90501 $ 920,000
Bedrooms-- Baths-- Sq 813 Monthly Estimate*
$ 5,740
for $920,000. This 813 square foot building was built in 1954 on a lot size of 0.1653.
This wonderful, LACM zone, unique property presents an excellent opportunity for a Builder or Developer to build to rent or sell residential condominium units utilizing the tri-level unit concept. Or for commercial use. An outstanding feature of this property is its zoning, per the L.A. City Planning Department has classified the zoning for this property as Commercial & Manufacturing LACM, which provides the Developer with an additional option to build a warehouse for storage, shipping, and receiving, along with offices on the second floor. This can be designed and constructed under the "Project By Right without Planning Permission from the City of Los Angeles. The architecture can guide the Developer through this process. The other dynamic project that can be developed, according to the City Planning Department, is a residential complex with 2, 3, 4, or more units. Consult with the LAHD for requirements. For separate water, sewer, electric, and gas meters, contact LADWP and the Gas Company. This redevelopment opportunity is located in the rapidly gentrifying areas of Torrance and the South Bay, featuring new housing, entertainment, restaurants, and expanding business opportunities. The property is zoned LACM, with a good-sized flat lot of 7,202 sq. ft., offering several options. Please verify all zoning, permits, and allowed usage for your plans. The current structure is an SFR with two bedrooms and one bathroom, a professionally managed and maintained unit. The property was recently upgraded. This provides the Developer an excellent opportunity to collect rent while working with the City Offices on all the formalities towards their new project. The location is perfect, close to San Pedro Port, as well as freeways 110, 105, 710, and 10—also, major thoroughfares like Western Avenue, Crenshaw, and Hawthorne Boulevard. Excellent development opportunity for multi-family housing, for rent or sale. Property is now vacant, please call to schedule an appointment; Rashid @ M.909-354-1685
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FeaturesGeneralHeating Central
Cooling Gas
Utilities Cable Available Electricity Available Natural Gas Connected Phone Available
Year Built 1954
Property Subtype Multi Family
Current Use Residential Single Family
Business Type Commercial Warehouse
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Western Ave & 228th
City Torrance
MLS Area 131 - West Torrance
Lot Size Units Square Feet
Lot Size Square Feet 7202
Listing Terms Cash to New Loan
Land Lease Y/N 0
Current Financing None
Additional Parcels Y/N 0
Lease Considered Y/N 0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Appraiser
Property Sub Type Additional Multi Family
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InteriorTotal Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Laundry Features In Garage
Entry Level 1
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ExteriorFencing Cross Fenced Fair Condition
Lot Features 0-1 Unit/Acre Level Rectangular Lot Yard
Water Source Public
Total Parking 3
Lot Size Area 7202
Building Area Total 813
Lot Size Acres 0.1653
Lot Size Source Assessor
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* Excluded FeaturesList Byrhakimc21sparkle@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,740
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Torrance, CA
Average List Price $801,995
Percent of Sale Price 13%
About Torrance, CA 145,215 Population
5% Since 2002
$ 83,626 Median Income
43.39 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/28/2025 | $920,000 | | Listed Price |