$930,000
$899,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 04/25/2014
Key Details
Sold Price $930,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC332456
Sold Date 04/25/14
HOA Y/N No
Lot Size 0.340 Acres
Property Description
The subject property is a 14,703 square foot parcel in "Old Town" Torrance, improved with a church that was built in 1941 of woodframe and stucco materials. An addition was made in 1950 to provide for a Sunday school. The total building area is 6,415 square feet. It is zoned R-3 medium density multi-residential.
The city planning department stated that the maximum density allowed for this parcel is 9 units. There are requirements for parking and open space which could reduce the number of buildable units to 6, or some number in between depending on the size of the units. Maximum F.A.R. (Floor Area Ratio) is 0.60 times the lot size which equates to 8,821 total buildable square feet of living area. Based on the F.A.R. limitations it is more likely that the site is best suited for 6 units..
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Zoning R3
Interior
Fireplace No
Others
Tax ID 7359001038
Special Listing Condition Standard
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