Lyon Stahl is pleased to present 1870 W 218th St; 1745-1747 Border Ave, an exciting development opportunity located in Torrance. This unique opportunity is ideally located in the heart of Old Town Torrance.
The property currently consists of four (4) 1-bed/1- bath units situated on a 9,606 SF lot, a 6,000 SF building situated on a 6,274 SF lot, and 2,280 SF vacant office space situated on a 6,273 SF lot. The property will be delivered fully entitled to build twenty-two (22) new apartment buildings along with 1,314 SF of office space. The future development site is entitled to build six (6) 1-bed/1- bath units, ten (10) 2-bed/1-bath units, and six (6) 2-bed/2-bath units. The plans also account for twenty-two (22) on-site parking spaces that will generate an estimated $4,500 a year in additional income.
• Currently, Three (3) Separate Parcels Featuring a 4-Unit Property, 6,000 SF Building, and 2,280 SF of Vacant Office Space
• Huge Development Opportunity – Will Be Delivered Fully Entitled to Build 22 Units
• Prime Location – Heart of Old Town Torrance | Just South of 405 FWY Offering Convenient Access to LA’s Westside, Downtown LA, LAX, & Long Beach