1509 W 208th Street, Torrance, CA 90501
Local realty services provided by:ERA North Orange County Real Estate
1509 W 208th Street,Torrance, CA 90501
$1,198,000
- 0.17 Acres
- Lots / Land
- Active
Listed by: chieh-jen ma
Office: century 21 masters
MLS#:CV26031435
Source:CRMLS
Price summary
- Price:$1,198,000
About this home
Unlock the full potential of the South Bay rental market with this exceptional multi-family development site located in the high-demand Harbor Gateway corridor. Spanning approximately 7,572.2 sq. ft., this level parcel is strategically zoned LARD 1.5 , [Q]RD1.5-1, offering a sophisticated canvas for developers looking to capitalize on Los Angeles' aggressive housing incentives.
This prime lot features a base density of 5 units (1 unit per 1,500 sq. ft. of lot area) with a Height District 1 designation allowing for structures up to 3 stories. Developers can explore the possibility of developing multiple high-yield configurations, including a 5-unit multi-family complex plus 2 detached ADUs, or a sleek collection of 5 modern townhomes.
A standout feature of this site is its verified TOC Tier 1 eligibility, being located within a half-mile of a Major Transit Stop near Western Ave. While the base zoning typically allows for a 5-unit build, the Transit Oriented Communities program offers a pathway to potentially increase density to 7 total units. By leveraging these incentives—which may include a 35% density bonus and flexible parking requirements—a developer could significantly enhance the site's "highest and best use" and long-term yield.
The location is unparalleled for long-term appreciation, situated minutes from the Harbor-UCLA Medical Center and major employment hubs, ensuring a consistent tenant base. Whether you are planning a modern townhome project or a high-performance apartment build, this shovel-ready opportunity provides the perfect blend of density, location, and legislative support to maximize your ROI. Agent please read private remarks....
Contact an agent
Home facts
- Listing ID #:CV26031435
- Added:46 day(s) ago
- Updated:April 05, 2026 at 10:31 AM
Structure and exterior
- Lot area:0.17 Acres
- Lot Features:Level with Street, Rectangular Lot
Utilities
- Water:Public
Finances and disclosures
- Price:$1,198,000
New listings near 1509 W 208th Street
- Coming Soon
$1,499,000Coming Soon4 beds 2 baths23452 Kathryn, Torrance, CA 90505
MLS# SB26072264Listed by: EXP REALTY OF GREATER LOS ANGELES, INC. - New
$809,000Active2 beds 2 baths1,261 sq. ft.2367 Jefferson Street #206, Torrance, CA 90501
MLS# SB26071983Listed by: ESTATE PROPERTIES - New
$1,225,000Active3 beds 2 baths1,433 sq. ft.22951 Walnut Street, Torrance, CA 90501
MLS# DW26070815Listed by: FIRST TEAM REAL ESTATE - New
$200,000Active3 beds 2 baths1,104 sq. ft.17705 S Western #100, Gardena, CA 90248
MLS# OC26070543Listed by: ORANGE COUNTY REALTY SERVICES - Coming Soon
$975,000Coming Soon3 beds 2 baths18426 Manhattan Place, Torrance, CA 90504
MLS# SB26070685Listed by: THE REALESTATE GROUP - New
$1,349,000Active3 beds 2 baths1,496 sq. ft.22734 Marjorie, Torrance, CA 90505
MLS# IG26068599Listed by: KELLER WILLIAMS REALTY - New
$899,999Active3 beds 1 baths1,495 sq. ft.1516 W 222nd, Torrance, CA 90501
MLS# PW26070520Listed by: RE/MAX FREEDOM - New
$1,620,000Active-- beds -- baths4,391 sq. ft.3932 W 178th Street, Torrance, CA 90504
MLS# SW26070296Listed by: RE/MAX ONE - New
$1,259,000Active3 beds 1 baths1,140 sq. ft.26223 Delos, Torrance, CA 90505
MLS# SB26067777Listed by: BERKSHIREHATHAWAY HOMESERVICES - New
$1,699,000Active3 beds 2 baths1,812 sq. ft.19332 Tomlee Avenue, Torrance, CA 90503
MLS# SB26070282Listed by: EXP REALTY OF CALIFORNIA INC