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Presented by: Matthew Hoffman Real Estate Powered by Highrises

1116 Fiat St, Torrance, CA 90502 listing image 1

For Sale

$1,849,000

1116 Fiat St, Torrance, CA 90502

-Bed
0Bath
-SqFt

-Bed
0Bath
-SqFt

Property Type
Condo
On highrises
771 Days

Property Details

Amazing opportunity for development in beautiful Torrance, California. Flat, graded lot and Plans for four incredible townhome style condos, one with a detached ADU. Ready to build with a beautiful flat, graded lot, and plans with public utilities already set to go. Each future unit is designed for 3000 square feet. Opportunities like this are rarely available in this excellent residential area. Walking distance to schools and shops. Wonderful Torrance location and school district. Quiet residential neighborhood close to the Freeway, Beach, Harbor UCLA Medical Center, Del Amo Mall and much more.

Property Features

Land Info

Land Lease: Yes
Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.3943
Lot Size Source: Assessor
Lot Size Square Feet: 17176

Home Features

View: Neighborhood

Homeowners Association

Calculated Total Monthly Association Fees: 0

Amenities and Community Features

Community Features: Biking, Sidewalks

Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: W 223rd and Meyler
Source Property Type: Land
Area: 123 - County Strip
Source Neighborhood: 123 - County Strip
Parcel Number: 7344009007
Postal Code Plus 4: 2220
Zoning: LCA1
Source System Name: C2C

Utilities

Sewer: Public Sewer
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
09/02/2023	Listing removed	-	-	CRMLS
08/15/2022	Listed	$1,599,999	$521	CRMLS
03/18/2022	Listed	$1,849,000	-	CRMLS
01/21/2022	Sold	$935,000	$539	CRMLS
12/09/2020	Listing removed	-	-	CRMLS
01/10/2020	Listed	$1,200,000	$692	CRMLS

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$4,809	$263,700	+	$100,563	=	$364,263
2021	$4,755	$258,530	+	$98,592	=	$357,122
2020	$4,788	$255,880	+	$97,582	=	$353,462
2019	$4,605	$250,863	+	$95,669	=	$346,532
2018	$4,456	$245,945	+	$93,794	=	$339,739
2017	$5,075	$241,123	+	$91,955	=	$333,078
2016	$4,797	$236,590	+	$136,998	=	$373,588

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
812 Coriander Dr	$399K	1	1	639	296243
835 Coriander Dr	$639.8K	2	2	976	182529
21834 S Vermont Ave Unit 3	$555K	2	2	926	27012
941 W Carson St Apt 123	$429K	1	1	696	79462
1005 Park Circle Dr	$789K	3	3	1624	164787
20632 S Vermont Ave Unit 21	$435K	1	1	656	287923

Presented by:
Matthew Hoffman
state license#01427564

Brokered by:
Matthew Hoffman Real Estate
(310) 621-9332

Broker Location:

TORRANCE

Data Source:

CRMLS

Source's Property ID:

SB22053999

Data Source Copyright:

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$1,849,000

1116 Fiat St, Torrance, CA 90502