Residential Land For Sale

Picture of Residential Land For Sale in Torrance, California, United States

$2,399,000

1341 Plaza Del Amo
Torrance, California, United States

Listed By: Realtyww Info

Listed On: 08/13/2024

Listing ID: GL11627800 View More Details

Description

Shovel-Ready RTI Project for Sale: 13 Modern 3-Story Apartment Complex + 2 ADUs on a 26, 000 Sqft Lot. An exceptional development opportunity awaits with this RTI (Ready to Issue) project on a spacious 26, 000 sqft lot. Perfectly positioned to capitalize on the growing demand for modern, stylish living, this shovel-ready project is fully entitled to 13 Modern Units. Each 3-story Unit boasts contemporary design elements with 4 spacious bedrooms and 3.5 luxurious bathrooms. Thoughtfully designed with open floor plans, expansive windows, and high-end finishes to appeal to discerning buyers. 2 Additional ADUs: Featuring 1 bedroom and 1 bathroom each, these ADUs offer flexibility as additional rental income, guest quarters, or home office spaces. The project sits on a generous 26, 000 sqft lot, allowing for comfortable spacing between homes and ample room for landscaping, private yards, and potential shared amenities. Shovel-Ready, with RTI permits in hand, construction can commence immediately, significantly reducing the timeline for project completion. This project is situated in a desirable area known for its community charm and proximity to schools, shopping, dining, and entertainment. The modern design and family-friendly layout make these homes highly attractive to many potential tenants, from young professionals to growing families. Don't miss the opportunity to develop this exciting project. Please contact us for detailed plans or to schedule a site visit.

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Listed by: Alicia Ortiz