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Residential Development Land Opportunity
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20320 Normandie Ave, Torrance, CA 90502

26,852 SF land parcel suitable for residential development.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market810

Property Features for 20320 Normandie Ave

General Information

Standard status Active
Lot size 0.62 Acres
Property subtype Land
Zoning C3*
Listing Agency: West Shores Realty
Listed By: Amie Shepard · License #DRE#01882892
Source: Crexi
Added: Jun 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:21AM

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 West Shores Realty

Investment Insights

Based on property information with market context.

This 26,852 square foot parcel of land is located in Los Angeles County, near offices, freeways, and a shopping center. The property is suitable for residential development, with the capacity to erect 31 market-rate housing units, or up to 47 units with density bonuses including affordable housing. The flat terrain simplifies development. Townhome communities along Western Avenue by Schiappa Homes and in North Torrance by Lennar have seen sales figures exceeding $800,000.

Key Highlights

  • Prime location in Los Angeles County, near offices, freeways, and a shopping center.
  • Significant residential development potential with capacity for 31 market‑rate units as of right.
  • Opportunity to increase unit count to 47 with density bonuses, including affordable housing.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 90502, CA

18,977
Population
6,899
Households
2.8
Avg Household Size
44
Median Age
37%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
8,626
Density / Sq Mi
$98,867
Median Household Income
$46,382
Median Earnings
$1,903
Median Rent
$655,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 26,852 SF land parcel suitable for residential development.
Where is this residential land & home lot located?
The property is located at 20320 Normandie Ave Torrance, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime location in Los Angeles County, near offices, freeways, and a shopping center.; Significant residential development potential with capacity for 31 market‑rate units as of right.; Opportunity to increase unit count to 47 with density bonuses, including affordable housing.
(310) 686-4544 Call to check price and availability
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