21821 Harvard Boulevard, Torrance, CA 90501
List Price: $2.2M
Listing Status: ActiveUnderContract
0Days on Market: 21
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 16,867 sq ft
MLS Number: SB26077322
About This Property
Rare shovel-ready RTI development opportunity for a 21 unit apartment project on approximately 16,800 sq ft of land across three legally merged lots (approx. 240 ft X 70 ft) on a flat corner site. The property includes Ready-to-issue (RTI) plans, allowing a buyer to step directly into a project that has taken over 5 years of entitlement work-significantly reducing development timeline, carrying costs, and risk. Located within a designated Opportunity Zone, this property offers incredible tax advantages for builders/developers/investors. The site has been fully cleared, legally vacated, and graded flat, with NO affordable housing requirement. A buyer may proceed with the existing multi-family plans or explore alternative development options, including 10 potential fee-simple lot configurations under SB 684. Strategically located within 1 block of Western Avenue and 2 blocks south of Carson Street, close to public transportation, Harbor UVLA Medical Center. Shopping, dining, and schools, and approximately 5.5 miles from Redondo Beach and the pier.
Listing provided by: Steve Schloeder DRE #00612682 310-327-0555 steveschloeder@cox.net, Bonanza Realty
Source: CRMLS, MLS #: SB26077322
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.