1341 Plaza Del Amo

Torrance, CA 90501
$2,399,000
0.60 acres | #DW24166397
Courtesy of Real Estate Connection

Description

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. RTI 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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  • Property Details
    • Property
      • Lot description:ZeroToOneUnitAcre
    • Measurements
      • Acres:0.5984
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 399, 000
  • Other
    • Source
      • MLS #:DW24166397

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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