Investor & Developer Opportunity! This rare property, located in the heart of the South Bay in Torrance, California, offers a powerful combination of M1 Light Industrial zoning and the newly adopted Housing Corridor Overlay, unlocking an incredible range of development and income-producing possibilities. The overlay allows for residential uses such as single-family, two-family, multi-family residences, condos, apartments, and senior housing, with the potential to add an ADU. At the same time, the zoning permits extensive commercial flexibility, including restaurants (full-service, fast-food, take-out, limited service), bakeries, coffee shops, delis, dessert shops, as well as professional and medical offices, dental clinics, retail banks, credit unions, personal services, personal improvement services, veterinary clinics, and animal hospitals. Whether you're looking to build a mixed-use project, convert to multifamily housing, or develop a specialized commercial site, this property provides a strategic canvas supported by favorable zoning and city planning overlays. Situated near five of Southern California’s most iconic beaches— El Segundo Beach, Hermosa Beach, Manhattan Beach, Redondo Beach, and Torrance Beach—this location is unmatched for a future family or investors seeking a mix of coastal living and urban access. The property is also close to high-demand amenities such as Starbucks, Sprouts, Target, Albertsons, In-N-Out, Walmart, and highly rated local restaurants, along with major retail hubs like Kohl’s and financial institutions, including Chase Bank and California Bank & Trust. It is conveniently positioned near three major hospitals—Torrance Memorial Medical Center, Harbor-UCLA Medical Center, and Memorial Hospital of Gardena—making it ideal for medical or wellness-related developments. Entertainment and sports fans will appreciate its close proximity to LAX Airport, SoFi Stadium, while commuters and logistics-focused investors will benefit from immediate access to major highways, including the 110, 405, and State Route 91. Ideal for investors, developers, and builders looking to take advantage of Torrance’s growing demand and evolving zoning flexibility. Contact us today for full zoning documents, overlay maps, and to schedule a private viewing.
Days on market: 2
Listing updated: July 13, 2025 - 11:22:07
Listed by: Aaron Van Hunt DRE #02253501 888-832-7179, eXp Realty of California, Inc. - Southwest Riverside County
Source: Southwest Riverside County, MLS#: SWEXR Originating MLS: CRMLS
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