PRIME DEVELOPMENT OPPORTUNITY - 1311 W 218th St, Torrance is a unique opportunity to own a 3-unit residential income property with its 18,001 square foot lot. a transit priority area. ADU bonus rules. This pride of ownership asset is located within walking distance to Harbor-UCLA Medical Center. Turn this large flat lot property into your own cash cow through re-development. Amazing investment property! Have cash flow while you get permits with existing 3 homes and a huge 4 car garage that is approximately 1500 square feet! The main home offers 3 bedrooms and 2 bathrooms and has been recently renovated. This home has an updated kitchen and bath as well as central heat/AC. All units have newer roofs, dual pane windows and wood floors. The back homes each offer 2 bedrooms and 1 bathroom and are very nicely equipped. The grounds of the homes offer a park-like setting as each home has its own grass/yard area allowing plenty of space to relax and unwind in the beautiful Southern California sun. The entire perimeter of the property is surrounded by a privacy wall and the front entry is gated, There is also plenty of additional parking on the premises. The property is just a block from Western Ave and W Carson Ave in Torrance. Located in City of Los Angeles - Torrance P.O. Easy access to 110, 405, 710 & 91 freeways. This is truly a once in a lifetime opportunity for an investor or a family looking to share a property.
Listing Agent: DeDe Hsu 01023899 Courtesy of: Keller Williams Palos Verdes Based on information from CRISNet MLS as of [insert date; insert time data was obtained] All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.