1870 W 218th St and 1745-1747 Border Ave is an exciting development opportunity 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, 2,280 SF of office space situated on a 6,273 SF lot, and a 6,274 SF parking lot. The owners have started the entitlement process to build twenty-two (22) new apartment units along with 1,314 SF of office space. The unit mix for the proposed development plan is 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 plan also includes twenty-two (22) on-site parking spaces that will generate an estimated $4,500 a year in additional income.
|DAYS ON MARKET||10||LAST UPDATED||1/14/2020|
|YEAR BUILT||1939||COMMUNITY||134 - Old Torrance|
|PROPERTY TYPE(S)||Residential Income|
|AREA||134 - Old Torrance|
|LOT DESCRIPTION||Front Yard, Lawn|
TOTAL MONTHLY PAYMENT
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