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Exceptional Development Opportunity in Prime South Torrance! Over Half an Acre (.56 Acres) Rarely does a parcel of this size become available in such a sought-after South Torrance location. Situated on an expansive ~24,000+ sq ft lot, this property presents a unique opportunity for developers, investors, or end-users looking to build, expand, or reimagine. The generous lot size offers significant potential for redevelopment (buyer to verify with the City of Torrance), whether exploring subdivision, new construction, or creating a custom estate. Surrounded by established homes and located on a quiet residential street, the setting combines scale, privacy, and long-term upside. Ideally positioned near award-winning Torrance schools, parks, shopping, dining, and just a short drive to the beach, this is a rare chance to secure a large parcel in one of the South Bay’s most desirable neighborhoods.
Listing agent: Suzanna Storm DRE #01882264 suzannastorm@gmail.com, Listing office: Redfin Corporation
MLS data updated 10/16/2026, 3:27:23 PM PT
Source: CRMLS, MLS #: BB26074933
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 14, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,945,000Asking price recorded · Sep 14, 2026ZIP 90505 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.