20320 Normandie Avenue

Torrance, CA 90502

$3,500,000
Price
26,852 / 0.62
Lot Size / Acres

Description

Nestled amidst the vibrant commercial nexus of Los Angeles County, this expansive parcel of land spanning 26,852 square feet presents a rare and refined opportunity. Situated in proximity to thriving offices, major freeways, and an expansive shopping center, its location embodies prime real estate desirability. What sets this offering apart is its remarkable potential for Residential Development. With the capacity to erect 31 units of market-rate housing as of right, or ingeniously leverage density...Nestled amidst the vibrant commercial nexus of Los Angeles County, this expansive parcel of land spanning 26,852 square feet presents a rare and refined opportunity. Situated in proximity to thriving offices, major freeways, and an expansive shopping center, its location embodies prime real estate desirability. What sets this offering apart is its remarkable potential for Residential Development. With the capacity to erect 31 units of market-rate housing as of right, or ingeniously leverage density bonuses to expand the project to a lavish 47 units, including provisions for affordable housing, the prospects for a lucrative return on investment are undeniable. Noteworthy are recent exemplars of success in the vicinity, such as the esteemed townhome communities along Western Avenue by Schiappa Homes and in North Torrance on 182nd Street by Lennar. In these developments and surrounding locales like Gardena & Harbor City, discerning buyers have eagerly embraced sophisticated living spaces, driving sales figures well beyond the $800,000 mark. Furthermore, the predominantly flat terrain of this parcel not only simplifies development logistics but also enhances the allure of investment potential. For those with a keen eye for opportunity and a penchant for sophisticated ventures, this offering beckons as a beacon of potential prosperity. For further insights into this distinguished opportunity, we invite you to engage with us at your earliest convenience.
  1. Listed by Amie Shepard • DRE #01882892 • Brokerage DRE #01948605 • West Shores Realty, Inc. • 310-686-4544

Property Details for 20320 Normandie Avenue

View
Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
7350-014-053
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 11/19/2024 09:18 PM

Property Details for 20320 Normandie Avenue

StatusActive
MLS #SB24115401
Days on Market186
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.62 AC
CountyLos Angeles County

Building Information for 20320 Normandie Avenue

Lot Size0.62 AC

Property Information for 20320 Normandie Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Census Tract: 5435.02
  • CFD/Mello-Roos Fee: $496
  • Tax Lot: B
Community / Development
Community / Development
  • Community Features: Biking, Park, Sidewalks, Street Lights, Urban
Property / Structure Info
Distance To
  • Distance To Water: see remarks
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 7350-014-052, 7350-014-054
  • Lot Features: Lot 20000-39999 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: See Remarks
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: See Remarks
Parking Info
  • Carport Spaces: 0

Property History for 20320 Normandie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20320 Normandie Avenue

Taxable ValueLand$267,940Additions-Total$267,940
Tax Record2024$3,681 ($307 / month)
Home Facts
Lot Size5,989 SqFtStyleCommercialYear Built1982ZoningLCC3*CountyLOS ANGELESAPN7350-014-053

Schools near 20320 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Van Deene Avenue Elementary School
PublicK to 6

Stephen M. White Middle School
Public6 to 8

Nathaniel Narbonne Senior High School
Public9 to 12

New Millennium Secondary
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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20320 Normandie Avenue is a 0.62 ac of land for sale in Torrance, CA 90502. This property was listed for sale on June 12, 2024 by West Shores Realty, Inc., it's currently listed at $3,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Deene Avenue Elementary School, Stephen M. White Middle School and Nathaniel Narbonne Senior High School. 20320 Normandie Avenue is a 0-bed, 0-bath, 0.62 ac of land on a 26,852 sq. ft. / 0.62 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of West Shores Realty, Inc., Amie Shepard, DRE #01882892

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.