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Multifamily Property with Development Plan
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1870 W 218th St & 1745 -1747 Border Ave, Torrance, CA 90501

Existing residences and office improvements accompany a proposed apartment redevelopment plan.

Property SizeContact for details
Lot Size0.51 Acres
Days on Market144

Property Features for 1870 W 218th St & 1745 -1747 Border Ave

General Information

Standard status Active
Lot size 0.51 Acres
Property subtype Multifamily, Land

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Brett Lyon · License #CA 01717818
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

The property combines four existing one-bedroom, one-bath units on a 9,606 SF lot with 2,280 SF of office space on a separate 6,273 SF lot. A 6,274 SF parking lot is also included. The assets are located in Old Town Torrance at 1870 W 218th St and 1745–1747 Border Ave.

The entitlement process has begun for a proposed redevelopment featuring 22 apartment units and 1,314 SF of office space. The planned residential mix includes six one-bedroom, one-bath units, ten two-bedroom, one-bath units, and six two-bedroom, two-bath units. The plan also provides 22 on-site parking spaces.

Key Highlights

  • Four existing 1‑bed/1‑bath units on a 9,606 SF lot
  • 2,280 SF of office space on a 6,273 SF lot
  • Separate 6,274 SF parking lot included

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Fish Market Restaurant Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,118
Businesses Nearby

Demographics for 90501, CA

43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing residences and office improvements accompany a proposed apartment redevelopment plan.
Where is this multifamily property located?
The property is located at 1870 W 218th St & 1745 -1747 Border Ave Torrance, CA.
What are key features of this property?
This property features: Four existing 1‑bed/1‑bath units on a 9,606 SF lot; 2,280 SF of office space on a 6,273 SF lot; Separate 6,274 SF parking lot included
(310) 425-9838 Call to check price and availability
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