Residential

Torrance, CA Residential Land & Home Lots for Sale

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Two-Unit Residential Development Site
Updated: May 16
Two-Unit Residential Development Site

958 W 222nd, Torrance, CA 90502

$1,200,000
17,452 SF deep lot with existing 2‑unit improvements and Specific Plan zoning (West Carson/Torrance PO area).
2 units currently livable but needing updating; will be delivered fully vacant at close of escrow.
Specific Plan West Carson R‑4 feasibility: density range approx. 50–150 units per acre.
Estimated development yield approx. 19–57 units before final design, entitlement, and site planning review.
Development not restricted by FAR; height limited to 4 stories/50 feet.
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Residential Development Land Opportunity
Updated: Jun 5, 2024
Residential Development Land Opportunity

20320 Normandie Ave, Torrance, CA 90502

Contact for pricing
0.62 AC lot
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.
Proven market success with nearby townhome communities exceeding $800,000 in sales.
Large 26,852 square foot parcel.
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See hot listings in Torrance

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Torrance, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land Parcel with Gazebo
Residential Land Parcel with Gazebo

16 Johns Canyon Road, Rolling Hills, CA 90274

$2,000,000
2.18 AC lot

2.18-acre land parcel with a central long lawn and gazebo, set within mature trees and established landscaping.

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High-Density Residential Land Assemblage
High-Density Residential Land Assemblage

25530 Dodge Ave, Harbor City, CA 90001

$4,999,000
46,824.00 AC lot

Two contiguous vacant parcels offer sizable Dodge Avenue frontage for high-density residential development in Harbor City.

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Guard-Gated Equestrian Estate Land
Guard-Gated Equestrian Estate Land

4 Poppy Trail, Rolling Hills, CA 90274

$3,500,000
6.99 AC lot

Nearly seven acres of buildable land in a guard-gated city, with an existing 3,300 sq ft barn.

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Affordable Housing Development Site
Affordable Housing Development Site

1415 Anaheim Street, Harbor City, CA 90710

$3,599,999

Affordable housing apartment site with plans in plan check and a 27-car subterranean parking garage.

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Torrance, CA Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Torrance, CA on our real estate platform. These investment opportunities span a total of 27,007 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for home sites in Torrance, CA average $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 10
Industrial land 6
Residential land & home lots 2

Demographics Overview

Population 172K
Population Growth (5Y) -2.4%
Median Household Income $106,432
College Educated 31.1%

High-Yield Neighborhoods for Investment

Identify Torrance submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
90502 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $10.46 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Torrance fall within the 1 to 5 acres range.

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