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$ 5,000,000
Est. payment | /mo
0.88 Acres Lot
$ 5,000,000
Est. payment | /mo
0.88 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25007323
HOA Y/N No
Year Built 1947
Lot Size 0.876 Acres
Property Sub-Type Mixed Use
Property Description
VERY RARE OPPORTUNITY. The proposed project envisions a three-story senior retirement facility/Special Needs with approximately 40 units. By applying for a zoning variance or rezoning from R-1 to a multi-family residential designation (R-3 or R-4), the property could support a high-density senior housing development. This property spans approximately 38,165 square feet across three parcels, located under the Los Angeles County jurisdiction with a Torrance postal code. The current zoning is R-1 (Single-Family Residence), with existing structures that allow for interim rental income while development plans are formalized. Given the growing demand for senior housing in LA County, this property is ideally positioned for a *three-story Senior Retirement or Special Needs facility*—leveraging the owner's expertise in senior care and housing. 22040 AND 22042 NORMANDIE ARE INCLUDED IN THE SALE. SEE SUPPLEMENTS FOR MORE INFORMATION.
Location
State CA
County Los Angeles
Area 123 - County Strip
Zoning LCA1*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Street Lights
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7344012007
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Christopher Barhoum • Coldwell Banker Realty • 310-221-1237
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Erin White Freimann
Partner | Lic# 01402479